Credit & AR Manager
$90,000-110,000 annually
Take the next step in your career with a company that’s truly invested in your success. At J.H. Larson Company, we’re building more than a team – we’re creating a culture rooted in growth, collaboration and meaningful results. If you’re ready to bring your skills to a company that values your contributions and supports your development, we want to hear from you!
J.H. Larson Company is an independent distributor of Electrical, Plumbing, HVAC and Datacom products with 9 locations in Minnesota, Wisconsin and South Dakota and 4 showroom locations. We remain dedicated to our employees, customers and vendors, and are positioned to move into the future as a family owned and operated business. We’re proudly celebrating our 94th anniversary this year!
We have a great opportunity to join our Corporate Team in Plymouth, MN. The Credit & AR Manager is responsible for overseeing credit policies, managing credit risk, and ensuring that credit decisions are made in line with the company’s financial goals and risk tolerance. This role also oversees the collection and management of accounts receivable owed to the company to ensure that the organization receives payment in a timely manner and reporting is accurate.
What’s In It For You?
- Highly competitive benefits package
- Medical
- Dental
- Vision
- STD/LTD
- 401k
- Life insurance
- Health Saving Account with employer match
- Critical Illness & Accident Insurance
- Employee assistance program
- PTO and 9 paid holidays, as well as your birthday!
And more!
Responsibilities Include:
- Ensure the timely collection of outstanding receivables. Monitor aging reports to identify overdue accounts and take necessary actions.
- Develop and implement strategies for reducing overdue balances. Negotiate payment terms, settlements, and payment plans with customers. Resolve disputes between customers and the company regarding payments or terms.
- Lead and manage the credit team, assign tasks and responsibilities. Provide training and guidance on credit policies, collection strategies, and best practice.
- Analyze the creditworthiness of new and existing customers using financial data, credit scores, and other relevant information. Assess credit risk and set appropriate credit limits for customers based on their financial strength and payment history.
- Approve or decline and process credit applications based on thorough risk assessment and company policy.
- Investigate job accounts and ship to.
- Work closely with the Accounting Department to ensure the smooth flow of financial operations related to credit and collections.
- Travel to and attend small claims court hearings to present cases. Present all relevant evidence in a clear and organized manner. Be prepared to answer questions from the judge and the defendant. Manage any other credit related legal issues.
- Work with Branch employees to ensure smooth coordination in collecting receivables and addressing any discrepancies. Including training, payment portals, credit card processing, etc.
- Maintain proper documentation and records of all receivables, payment agreements, and customer communications.
