Director Credit - Delran, NJ

Are you ready for your next career opportunity?

At Cooper Electric successful associates drive our mindset of adapt, dare, and learn. Our associates are encouraged to lead innovation, embrace technology-driven solutions, and thrive in an environment that promotes personal and professional growth. You will be empowered to create best-in-class business strategies and contribute to a customer-centric environment that delivers outstanding results.

What you will do

• Direct and lead the credit function for the Billows Electric territory by establishing goals against performance indicators, including aging, Day's Sales Outstanding, and minimizing bad debt write-offs.

• Provide monthly input to receivables forecast.

• Develop a credit risk strategy and lead implementation across the team.

• Initiate process improvement initiatives that support the use of technology and streamline the credit and collections process.

• Build and maintain working relationships with sales partners as well as customers.

• Provide input on credit investigation for potential new accounts.

• Determine and administer other financial alternatives of payment such as, but not limited to, joint checks and letters of credit.

• Assign and monitor credit limits to present and potential customers under established policies. Establish credit limits for individual accounts.

• Periodically review accounts to adjust credit limits to reflect the current financial position and payment habits of the customer.

• Determine appropriate Hold Periods for accounts to ensure that orders are not processed when perceived credit risks do not warrant additional exposure.

• Determines when internal collections efforts are no longer effective. Recommends 3rd party collection efforts and provides enough detail to warrant referral to a 3rd party.

• Review listings of prior year debits and credits to ensure that these items are being handled along with the usual collection efforts.

• Reviews settlement offers and makes recommendations.

What you will bring

• BS in Business with a concentration on Account, Finance, or other related discipline.

• Credit experience within the NYC market, preferably in the construction industry.

• A minimum of fifteen years of progressive experience in the credit/collections field.

• A minimum of five years in a leadership position.

• Strong verbal and written communication skills with the ability to present data for decision-making purposes

Physical Requirements and Work Environment

• The ability to sit, stand, and walk for the full length of the assigned shift.

• Strong interpersonal skills with demonstrated success working in teams, as well as interaction and cooperation across functions.

• This job is performed within an office environment.

• Travel by car and/or train to Cooper sites, as well as customers within the NJ, NY, and PA footprint is expected.

Salary Range:

Location: Delran, NJ

Work Hours: Monday

• Friday, 8 a.m.

• 5 p.m.

Why work for Cooper Electric?

At Cooper Electric, we are Powered by Difference. As a Sonepar company we have local roots and global reach. We thrive on the diversity of our associates and the various ways that each of us contributes to our successes. What keeps us at the forefront of progress? Our people. No matter where you work or who you are, you will be encouraged to push boundaries, expand your industry experience, and elevate your career.

Our Competitive Benefits?

Our full-time associates can participate in competitive medical plans which include medical, dental, vision, flexible spending accounts, long and short-term disability, life insurance, employee assistance programs, and employee discounts. We offer a generous paid time off plan as well as paid holidays.

About Cooper Electric

For over 50 years, Cooper Electric has provided the New Jersey, New York, and Pennsylvania markets with expert electrical supplies, service capabilities, and innovative solutions. Cooper Electric was established in 1961 as a family-owned business. In 1999 Cooper Electric became a proud member of the Sonepar Group, the world's largest privately held electrical distributor. Today, Copper Electric continues to expand our capabilities and become one of the finest electrical supply distributors in the United States

Equal Employment Opportunity Statement

Sonepar 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.

Sonepar and our family of brands are committed to the full inclusion of all qualified individuals. In keeping with our commitment, we will take the steps to assure that people with disabilities are provided reasonable accommodations. Accordingly, if a reasonable accommodation is required to fully participate in the job application or interview process, to perform the essential functions of the position, and/or to receive all other benefits and privileges of employment, please call 843-745-2420 or email recruiting@sonepar-us.com.

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