Credit Manager

Magnera's purpose is to better the world with new possibilities made real. For more than 160 years, the originating companies have delivered the material solutions their partners need to thrive. Through economic upheaval, global pandemics and changing end-user needs, they have consistently found ways to solve problems and exceed expectations. By bringing together these legacy companies, the distinct scale and comprehensive portfolio of products will bring customers more materials and choices. With a combined legacy of resilience, Magnera will build personal partnerships that withstand an ever-changing world.

The Credit Manager will manage the Credit Analyst Team and have oversight of the collection and maintenance of Accounts Receivable.

· Oversee the accounts receivable process, including credit review and collections.

· Monitor Credit Analysts performance and provide direction and instructions as needed.

· Lead and train a team and new hires in credit and collection.

· Assign tasks, track team collection efficiency, and conduct performance evaluations.

· Monitor aging reports and reduce delinquent accounts.

· Utilize daily, weekly, monthly reports to improve collection efficiency, reduce bad debt, and report to leadership.

· Communicate with clients regarding credit terms, payment plans, and overdue balances.

· Maintain positive customer relationships while ensuring timely payments.

· Ensure analyst’s conformance to collection strategies and initiatives to achieve prompt payment and reduce outstanding balances measurable by AR turns and DSO.

· Research and establish appropriate credit terms and limits for prospective and existing customers.

· Analyze problem invoices or deductions, secure back-up to resolve.

· Provide credit trade references when requested.

· Work closely with sales, legal, and finance departments to support business goals.

· Resolve internal and external credit-related issues efficiently.

· Comply with all company safety, environmental and department of health requirements.

· Perform other tasks as required

· Bachelor’s degree or equivalent experience in Accounting or Finance preferred.

· Minimum of 5 years commercial collection and credit experience preferred.

· Supervisory or senior level experience required.

· Ability to gather and analyze pertinent data to support credit decisions on new and existing customers

· Working knowledge of Excel, Word and Powerpoint

· Ability to multi-task in a fast-paced environment

· Excellent written, verbal, and organizational skills.