Credit Manager - Virtual Company
Salt Lake City, UT 84119
About the Job
We are seeking an experienced and driven Credit Manager to lead our credit department. The ideal candidate will oversee credit policies, manage high-value accounts, and ensure optimal cash flow while maintaining strong customer relationships. This role is crucial in balancing risk management with business growth opportunities.
Key Responsibilities
- Develop and implement credit policies and procedures
- Analyze financial statements and credit reports to determine creditworthiness of new and existing customers
- Manage a portfolio of accounts ranging from $5,000 to $500,000 with a total portfolio of $7.5 million to $9.5 million at any given time
- Lead collection efforts on past-due accounts and negotiate payment terms
- Collaborate with sales and finance teams to support business growth while minimizing credit risk
- Provide regular reports on credit performance and risk exposure to senior management
- Supervise and mentor the accounts receivable team
- Continuously improve credit and collection processes
- Bachelor's degree in Finance, Accounting, or related field
- 5+ years of experience in credit (AR) management, preferably in a high-volume or B2B environment
- Strong understanding of financial statements and credit analysis techniques
- Excellent leadership and team management skills
- Outstanding negotiation and communication abilities
- Proficiency in financial modeling and advanced Excel skills
- Experience with ERP systems and credit management software
- Strategic thinking and decision-making
- Risk assessment and management
- Team leadership and mentoring
- Financial analysis
- Negotiation and conflict resolution
- Process improvement
- Opportunity to lead a critical function in a company that values transparency and integrity
- A culture that celebrates people and promotes continuous improvement
- Chance to contribute to our mission of being "better than yesterday"
- Competitive salary and benefits package
- Professional development opportunities in a growing industry leader
Vaco values a diverse workplace and strongly encourages women, people of color, LGBTQ+ individuals, people with disabilities, members of ethnic minorities, foreign-born residents, and veterans to apply.
EEO Notice
Vaco is an Equal Opportunity Employer and does not discriminate against any employee or applicant for employment because of race (including but not limited to traits historically associated with race such as hair texture and hair style), color, sex (includes pregnancy or related conditions), religion or creed, national origin, citizenship, age, disability, status as a veteran, union membership, ethnicity, gender, gender identity, gender expression, sexual orientation, marital status, political affiliation, or any other protected characteristics as required by federal, state or local law.
Vaco LLC and its parents, affiliates, and subsidiaries are committed to the full inclusion of all qualified individuals. As part of this commitment, Vaco LLC and its parents, affiliates, and subsidiaries will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact HR@vaco.com .
Vaco also wants all applicants to know their rights that workplace discrimination is illegal.
By submitting to this position, you agree that you will be giving Vaco the exclusive right to present your as a candidate for the foregoing employment opportunity. You further agree that you have represented information about yourself accurately and have not affirmatively misrepresented your qualifications. You also agree to maintain as confidential, to the fullest extent permitted by law, any information you learn from Vaco about the position and you will limit disclosure of information about the position only to the extent necessary to perform any obligations in furtherance of your application. In exchange, Vaco agrees to exercise reasonable efforts to represent you through all solicitation, job screening and resume dispersal.
Privacy Notice
Vaco LLC and its parents, affiliates, and subsidiaries (“we,” “our,” or “Vaco”) respects your privacy and are committed to providing transparent notice of our policies.
- California residents may access Vaco’s HR Notice at Collection for California Applicants and Employees here.
- Virginia residents may access our state specific policies here.
- Residents of all other states may access our policies here.
- Canadian residents may access our policies in English here and in French here.
- Residents of countries governed by GDPR may access our policies here.
Pay Transparency Notice
Determining compensation for this role (and others) at Vaco depends upon a wide array of factors including but not limited to:
- the individual’s skill sets, experience and training;
- licensure and certification requirements;
- office location and other geographic considerations;
- other business and organizational needs.
With that said, as required by local law, Vaco believes that the following salary range referenced above reasonably estimates the base compensation for an individual hired into this position in geographies that require salary range disclosure. The individual may also be eligible for discretionary bonuses.
