Credit Director

Springfield Electric is an operating company owned by Sonepar and is a leader in electrical distribution. We continue to grow our brands throughout the Midwest, including locations in Kentucky, Illinois, Indiana, Iowa, Ohio and Missouri. As part of Sonepar, the worldwide leader in electrical distribution, we have a global reach that allows us to offer excellent benefits and develop innovative solutions, while maintaining our strong local roots and close-knit culture. We empower our associates to contribute to our success by adopting the adapt, dare, learn mindset-- adapt to new situations and people, dare to appropriately challenge the status quo, and learn from others and our own experiences.

We are looking for the next leader to guide and direct the activities of our Operating Company's (OpCo) credit and collections department! As a Director of Credit, you will be an influencer in the evolution of the credit and collections department as it adapts to the continued growth of the OpCo.

How you will contribute:

• Direct all aspects of the OpCo's credit function aimed at achieving superior A/R aging and DSO measurements.

• Perform short- and long-range strategic planning and priority setting for credit and collections department.

• Build a culture of servant leadership, customer centricity, efficiency, and transparency.

• Deploy standard work and written process documentation across all positions in the department.

• Negotiate the resolution of collection matters with customers, engaging 3rd party collection agencies and legal counsel as necessary.

• Continuously develop people, processes, and system improvements to position department to evolve as OpCo growth continues.

• Serve as the Company expert in the application of credit and collection laws and regulations.

• Produce and discuss monthly accounts receivable status reports with credit committee and review monthly reports of customers with balances in excess of $50,000.

• Monitor the reserve for doubtful accounts using the accounts receivable aging reports and makes recommendations for changes.

• Cooperate with accounting department in periodic state sales tax audits.

• Assist in the preparation of monthly financial reports in collaboration with the Vice-President of Finance and Controller. These reports include sales reports, commission reports, and operating reports by business unit.

• Improve and develop processes to identify, resolve, and mitigate customer account delinquencies.

• Work with Finance to forecast bad debt projections and potential customer defaults.

• Leverage systematic processes with use of software or using internal IT resources to improve collection efforts.

• Develop and improve performance metrics that can be used to evaluate performance of collections staff.

• Other duties and projects as assigned.

What you bring:

• Bachelor's degree in accounting, finance, or related field or equivalent professional experience.

• 10 or more years' experience with customer receivables, collections, and credit evaluation.

• Proven experience managing a team with in-person and remote members.

• Demonstrated success with process improvement and optimization.

• Demonstrated ability to communicate clearly and concisely in written and verbal formats.

• Demonstrated time management and organizational skills, including an ability to plan and manage multiple priorities simultaneously.

• Demonstrated ability to plan and schedule the work of others.

Demonstrated time management and organizational skills, including the ability to

plan and manage multiple priorities simultaneously.

• Ability to work well in a team environment with demonstrated interpersonal skills.

• Commitment to and demonstration of high ethical standards in carrying out duties of

the job.

• Proven attentiveness to detail coupled with problem analysis and resolution skills.

• Strong customer service orientation.

• Strong proficiency with IT systems including but not limited to Eclipse ERP and Microsoft 365 Suite.

What we offer:

• Medical, dental, and vision insurance plus employer paid short term and long-term disability and life insurance.

• Paid time off and paid holidays

• Tuition reimbursement and employee development.

• Annual Safety Shoe Reimbursement

• Employee Discount on products

Who we are:

We're the world's number one distributor of electrical products, solutions and related services. Springfield Electric is owned by Sonepar, a global company with over 450 locations nationwide. Whether you grow at one of our local Opcos or at one in another region, we want you to grow with us! All associates are regularly trained and we value promoting from within when possible.

Equal Employment Opportunity Statement

Springfield Electric, a Sonepar Company is an Equal Opportunity and Affirmative Action Employer encouraging diversity in the workplace. All qualified applicants will receive consideration for employment without regard to their race, color, creed, religion, national origin, citizenship status, ancestry, sex, age, physical or mental disability unrelated to ability, marital status, family responsibilities, pregnancy, genetic information, sexual orientation, gender expression, gender identity, transgender, sex stereotyping, order of protection status, protected veteran or military status, or an unfavorable discharge from military service, and other categories protected by federal, state or local law.

EEO is the Law

Applicants and employees are protected under Federal law from discrimination. To learn more, Click here.

Pay Transparency Non-Discrimination Provision

Sonepar follows Executive Order 11246, including the Pay Transparency Nondiscrimination Provision. To learn more, Click here.