Logo
job logo

Senior Credit Manager

CFS, Livingston, New Jersey, us, 07039

Save Job

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

#LI-SM1 #INDEC2025