Credit Manager

About FUCHS:

FUCHS is the world's largest independent supplier of innovative lubrication solutions, covering almost every industry and application. Our products and solutions keep the world moving even though they are not always visible. What matters is that each of our over 6,000 employees in over 50 countries is visible - their entrepreneurial spirit, ideas and skills are the foundation of our global business.

MOVING YOUR WORLD by focusing on your success:

FUCHS offers a challenging and rewarding working environment where employees are encouraged to develop and grow. We stand behind our core values: trust, creating value, respect, reliability, and integrity. Ours is a culture that fosters creativity and empowerment, values work/life balance, and gives you the freedom to excel. At FUCHS we aim to nurture your capabilities, ideas and career.

Salary:

FUCHS offers a competitive salary commensurate with experience in a similar position. The salary range for this position is $100k - $120k per year, but actual salary will vary depending upon a new hire’s experience and qualifications as well as internal equity.

We are seeking a proactive and strategic Credit Manager to lead our credit and collections team. This role involves overseeing credit risk management, optimizing accounts receivable processes, and driving collaboration across departments to support our company's growth and financial health in a dynamic, fast-paced environment.

Key Responsibilities:

• Lead, mentor, and develop a high-performing team of Credit Analysts and Accounts Receivable Specialist.
• Oversee Accounts Receivable operations across multiple entities, managing approximately $65M in outstanding balances.
• Evaluate and approve new customer credit applications, establishing payment terms and credit limits based on thorough risk assessments.
• Monitor customer accounts, review and adjust credit limits as needed, and implement proactive strategies to reduce overdue balances and improve DSO.
• Prepare and analyze monthly Bad Debt schedules; recommend and support quarterly adjustments to the Bad Debt Reserve.
• Review and authorize credit memos, ensuring adherence to company policies and effective risk mitigation.
• Drive process improvements by streamlining credit and collections workflows, leveraging technology and data analytics; actively contribute to global ERP upgrade project.
• Partner with sales, finance, and operations teams to align credit policies with broader business objectives.
• Oversee cash application, ensuring accuracy, timeliness, and integrity in the reconciliation process.
• Ensure compliance with all applicable regulations, internal controls, and corporate policies.

Qualifications:

• Bachelor’s degree in Accounting, Finance, Economics, or related field; advanced certifications are a plus.
• 5+ years of progressive credit management experience within manufacturing, B2B, or similar environments.
• 3+ years of leadership experience managing teams.
• Proficiency in ERP systems (SAP ECC / S4 Hana experience preferred), credit management software, and advanced Excel skills.
• Strong analytical, problem-solving, and decision-making capabilities.
• Excellent communication skills, with the ability to influence and negotiate effectively.
• Flexibility to manage multiple priorities and adapt to changing deadlines.
• Knowledge of industry best practices, credit risk assessment, and collection strategies.
• Strong ethical standards and integrity.

Preferred Attributes:

• Experience with digital transformation initiatives in finance.
• Data-driven mindset with experience using analytics tools.

These are your benefits:

FUCHS offers a challenging and rewarding working environment where employees are encouraged to develop and grow as professionals.  In this role, you will have the opportunity to work on projects that will expand your experience and challenge your abilities in the global marketplace.  The position also offers an excellent compensation package and a comprehensive suite of benefits. Detailed benefit information can be found at this link: https://fuchs.com/us/en/benefits.

FUCHS Lubricants Co. is an equal employment opportunity (EEO)/AA employer and strongly supports diversity in the workplace (m/f/d/v).

Do you have any questions? Jordan Hallow (jordan.hallow@fuchs.com) will be more than happy to answer them!