Credit Management Specialist
1 day ago
We are seeking an experienced Credit Administrator to join our team at Doman Building Materials Group Ltd. This is a permanent full-time position, working Monday to Friday.
Based in Edmonton, AB, this role offers a competitive salary and a range of benefits.
Key ResponsibilitiesThe successful candidate will be responsible for administering and enforcing credit and collection policies, reviewing credit requests within authorized limits, minimizing bad debts, and providing credit support to the sales force.
- Assist with maintaining office settings, managing accounts receivable portfolios, and sustaining healthy profitable customer relationships.
- Solicit payment from customers according to Doman terms, aiming to meet or exceed key accounts receivable targets through effective telephone collections, reconciliation of accounts receivable, and written correspondence.
- Evaluate new customer applications for credit and approve or recommend credit limits within company-authorized levels.
- Review and evaluate existing customer credit limits regularly, approving or recommending increases where appropriate, within company authorization levels.
- Maintain detailed follow-up notes in the system for each account.
- Review and release orders as required in a timely fashion.
- Prepare accounts for third-party collection, bad debt reserve, or write-off.
- Review credit applications, update credit review dates, assess the value of each, and engage assistance from the Corporate Credit Manager for credit limits greater than $50,000.
- Identify, manage, and monitor problem accounts.
- Ensure National Office has correct information to apply cash receipts.
- Oversee receivables for Buying Groups.
- Investigate and reconcile short payment accounts.
The ideal candidate will possess:
- Minimum of five years of experience in a computerized A/R environment.
- Minimum of five years of credit and collection experience.
- Thorough understanding of all aspects of credit and collections, including account maintenance and reconciliation, collection of past due accounts, and credit analysis.
- Understanding of accounting principles to read financial statements.
This role offers a base salary of approximately $65,000 per annum, plus annual incentives based on company performance, health benefits, virtual healthcare, group pension plan, option to purchase Doman stock, fitness reimbursement, education reimbursement, employee referral bonus, scholarships for children, and discounts on product purchases.
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