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Position Id
EB-1883296419
City
Livingston
State
NJ

Senior Credit Manager

Location: Livingston, NJ
Salary: $150,000-$170,000

Position Overview

The Senior Credit Manager is responsible for leading the organization’s credit and collections strategy across multiple business units. This role ensures strong credit controls, minimizes bad debt exposure, and aligns credit policies with overall business objectives. The position also serves as a key business partner to Sales, Finance, and Executive Leadership.

Why This Opportunity Stands Out

  • Executive-level visibility and direct impact on company financial performance

  • Lead and develop a high-performing credit and collections team

  • Work cross-functionally with Sales, Finance, and Operations

  • Influence credit policy, risk strategy, and customer portfolio health

  • Join a stable, performance-driven organization with long-term growth opportunities

Key Responsibilities of Senior Credit Manager:

  • Oversee the credit and collections function across multiple business operations

  • Develop, implement, and enforce strong credit policies to minimize risk and bad debt

  • Maintain delinquency at or below targeted thresholds (overall overdue target: 2.0%)

  • Direct credit approval decisions, including setting customer credit limits

  • Lead collection strategies and resolve high-risk or complex delinquent accounts

  • Recommend and manage bad debt write-offs and submission of accounts to external collection agencies

  • Monitor trends through data analysis and benchmarking against industry peers

  • Prepare and present monthly reporting to leadership on credit performance, A/R health, reserves, and risk exposure

  • Act as a strategic partner to Sales and Business Unit leaders, balancing revenue growth with prudent credit risk management

  • Drive process improvements, workflow efficiencies, and system enhancements

  • Develop and deliver ongoing training for the credit team on compliance, risk management, and best practices

Leadership & Team Management

  • Directly manage a team of eight (8) employees, including three (3) Team Leads

  • Foster a high-performance culture through coaching, performance management, and professional development

Qualifications of Senior Credit Manager:

  • 10+ years of progressive experience in credit and collections

  • Background in commercial credit, preferably within a manufacturing or industrial environment

  • Bachelor’s degree in Finance, Accounting, Business, or a related field

  • In-depth knowledge of U.S. Bankruptcy Law, bankruptcy procedures, and credit risk exposure

  • Proven expertise in credit risk assessment, collections strategy, and financial analysis

  • Strong leadership, communication, and cross-functional collaboration skills

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