FINANCE AT WALLACE

Wallace Distribution is an independent hardware, lumber, and industrial wholesale supplier. For 102 years our mission has been five-fold:
  • Above all, to be a Christian organization which projects a positive and motivating witness.
  • To produce an adequate return on net worth, after paying employees a reasonable compensation.
  • To be the dominate distributor of products and services in the area by working as partners with customers and suppliers.
  • To serve the needs of all customers with excellence. Service is our finest product!
  • To create a work environment in which employees have the opportunity for personal growth and development and are properly
     motivated to maximize their potential.

Credit Manager, Morristown, Tennessee (on site)

Position Summary:

The Credit Manager will be responsible for all aspects of the credit and collections process and will help to maintain and improve cash flow and working capital. This position will be responsible for all credit risk management including reviewing, establishing, and enforcing policies to efficiently evaluate, administer, monitor credit granted. The role will also drive process improvements to appropriately analyze trends, issues and communication issues that both optimize working capital as well as the customer experience. The role will build and maintain relationships with customers, sales management, sales representatives, and operations to resolve collection issues and effectively report in receivable health and collection performance. The Credit Manager will report directly to the CEO.

Essential Job Functions Include:

• Encourage teamwork and foster organizational commitment.
• Continuous collections communications with customer base.
• File all UCC's and secure trade credit insurance when necessary.
• Intermediary to collection attorney's and collection agency.
• Evaluate the creditworthiness of potential customers using financial statements, credit reports, references, and be a critical component of the customer on-boarding process.
• Establish credit limits and credit terms for new and existing customers.
• Manage and monitor credit hold function relative to days past due and credit limits.
• Negotiate and secure arrangements for payment with delinquent accounts.
• Identifying risks within the receivables and developing appropriate plans for mitigation.
• Analyze credit data and financial statements to identify trends and potential risks.
• Lead efforts with customer service, sales, and operations to resolve collection issues.
• Oversee cash applications.
• Perform calculations of bad debt and lead bad debt recovery efforts.
• When necessary, act as the repossession team lead.
• Oversee the annual customer rebate payout.

Job Specifications:

• Bachelor's degree in Business, Accounting, Finance, or related field or equivalent experience.
• 5+ years of experience and leadership in credit management.
• Ability to thrive in dynamic environments.
• Strong negotiation and communication skills.
• Experience in accounts receivable, cash application, UCC filing, and sales tax exemptions.
• Experience with Microsoft products.
• Knowledge of procedural and legal aspects of collections.
• Ability to multitask, prioritize, and organize efficiently.
• Strong analytical and problem-solving skills.
• Strong organizational skills, keeps timelines, high attention to detail, and meets deadlines.
• Ability to communicate and build relationships throughout the organization.
• Excellent communicator including facilitation, verbal, and written skills.
• Build and maintain collaborative relationships.
• Results driven.
• Strong business acumen, highly ethical, and sound judgement.

Job Type: Full-Time

Salary:  Dependent Upon Experience

Full-Time Benefits:

• 401(k)
• Health Insurance
• Dental & Vision Insurance
• Life Insurance
• Paid Time Off
• Retirement Plan
• Employee Discount