Group Credit Manager - North America

Hydro Extrusion USA, LLC
life insurance, parental leave

Nov 16, 2024
Group Credit Manager - North America Are you looking to make a real impact? For over a century, our people have been the driving force in solving some of the world's most pressing issues - and we hope you'll join us in solving the next century's. Whether you're working to close the loop at one of our recycling facilities or ensuring efficient renewable energy processes to decarbonize aluminium production, your contributions make an impact in our shared purpose of propelling our industries and the world into a greener future. Hydro Extrusions is a world-leading aluminium extrusion business counting around 100 production sites in 40 countries and employing 20,000 people. Through our unique combination of local expertise, global network, and unmatched R&D capabilities, we can offer everything from standards profiles to advanced development and manufacturing for most industries.Since 1905, Hydro has turned natural resources into valuable products for people and businesses with focus on a safe and good workplace for our 30,000 employees in more than 140 locations. Job Location: Pittsburgh, PA Hydro employees can enjoy several benefits including: Medical, Rx, Dental, Disability, Life Insurance, Flexible Spending Accounts Retirement Savings Plans with Company Match/Contributions Education Assistance Bonus Plan Eligibility Parental Leave Job Summary: The Group Credit Manager is responsible for overseeing the credit management and collection processes across multiple business units in North America. This role involves establishing, reviewing, and enforcing the company's credit policies, evaluating the financial risk of customers, monitoring accounts receivable, and managing credit control teams to ensure that credit is provided to clients within the company's risk tolerance while maximizing sales and profitability. This position reports to the Head of Global Credit. Required Education/Experience: Bachelor's degree in Finance, Accounting, Business Administration, or related field. Extensive experience (minimum of 8years) in Finance and or commercial, with a proven track record of success and measurable results. Preferred Skills/Qualifications: Master's degree preferred. Excellent communication skills. Excellent leadership and managerial skills, with the ability to motivate and inspire cross-functional teams. Strong understanding of financial analysis, credit risk assessment, and credit scoring methodologies. Lead and manage a team of credit analysts, collectors, and credit managers, providing coaching, training, and performance feedback. Job Responsibilities: Maintain credit policies and procedures for the group. Ensure all credit policies align with the company's objectives and regulatory requirements. Assess the creditworthiness of potential and existing clients using financial analysis, credit scoring, and risk assessment tools. Establish and manage appropriate credit limits for clients and recommend credit decisions. Oversee the credit portfolio, ensuring an optimal balance between risk and profitability. Monitor key indicators such as payment performance, delinquency rates, and portfolio quality. Lead and oversee debt recovery efforts for delinquent accounts, coordinating with legal teams when necessary. Develop strategies for minimizing bad debts and managing problem accounts. Manage and lead a team of credit managers, analysts, and collectors, providing guidance, training, and professional development. Foster a culture of collaboration, accountability, and continuous improvement within the credit management team. Liaise with internal stakeholders such as sales, finance, and operations teams to ensure credit-related decisions support overall business objectives. Communicate credit policies, risk assessments, and recommendations to senior management and key stakeholders. Prepare detailed reports on credit performance, credit risk exposure, and portfolio analysis for senior management. Utilize credit risk management systems and software to monitor and analyze data. Ensure internal controls and financial reporting requirements are met. Typically works in an office environment but may also travel to meet with clients, attend industry conferences, or site visits. . Care, Courage, & Collaboration At Hydro We care about our People! We care about Safety! Hydro in North America is an Equal Opportunity Employer where all phases of employment are based strictly upon the qualifications of the individual as related to the work requirements of the position. This policy is applied without regard to race, sex, sexual orientation, gender identity, religion, national origin, ancestry, age, disability, veteran status, marital status or any other category protected by law. We strive to provide equal opportunities for all to contribute and succeed with us. If you need an accommodation in order to complete the application, please let us know by completing the form belowor by calling +1 (412) 643-3602.or click Application Support link A job where you make a difference. A key part of succeeding in this mission involves encouraging a collegial environment where our differences are acknowledged as our greatest competitive advantage. Your diverse perspective makes us stronger. Our global diversity, inclusion and belonging program enables us to cultivate a high-performing and inclusive workplace where everyone feels valued. Your career journey is unique. We strive to provide you with the support needed to achieve your full potential. With our global reach, inclusive culture, and cutting-edge technology you'll have the opportunity to build a career that aligns with your strengths and passions. Join our global community of over 30,000 people with a presence in 40 countries and united by the values of Care, Courage and Collaboration. At Hydro, you have the chance to make a difference in the industries that matter. Click here to explore our world and the heart of our operations.