credit manager

April 2015 Newsletter for Accounting & Finance Professionals in Houston by Diane Delgado LeMaire @ CFS

Posted on by Dianedelgadolemaire

April 2015

Industry News and Updates
First things first. Please make sure that you have added my new email address to your contacts. It is dlemaire@cfstaffing.com.

With Q1 behind us lets jump right into the update for Houston. I am sure everyone is curious about the oil & gas prices and what impact they are having  on the job market in Houston. I have been in the recruiting industry for almost 14 years and have already been through 2 full blown recessions. 2015 has been an interesting year so far.  I feel like our local economy has taken a hit from the drop of Oil & Gas, but it’s not as severe (knock on wood) as I thought it would be. Some might beg to differ but, let me explain!

Obviously, Houston has been impacted by the depressed prices. Most Exploration & Production companies are not hiring at all. Some are even laying off, but downstream and midstream companies are still hiring. They are actually benefiting from the drop in price. Not to mention the back log of construction projects that are still on the books. We are also seeing increased demand from consumer products based companies (retail, restaurant, healthcare). Houston has gained nearly 570,000 residents in the past 5 years!

Just imagine the resources they will need from housing, healthcare to groceries and cars!

So, is the job market as good as it was last year? The simple answer is no, but there are still a lot of opportunities out there in several other industries outside of “oil & gas”.

Until next time..

Local Statistics:

  • National / Houston Unemployment rate:8/4.3
  • Price of Oil:$56.71(last year $100)
  • Oil Rig Count:1109 (last year 1803)
  • Industries hiring:Manufacturing, Construction, Consumer Products related companies, Real Estate & Homebuilding, Healthcare
  • Positions in demand:Controller, Financial Analyst, Tax, Internal Auditor, Payroll,

Local Searches

NEW!!!!!

– Property Accountant – Staff or Senior

– Treasury Analyst – Heavy Cash Management

– Treasury Analyst – Must speak Spanish

– Treasury Accountant – Must speak Spanish

– Controller – WIP / POC a MUST

– Full Time – Consultant – Transactions Advisory Services – All Levels!!!!

– Full Time – Consultant – Financial Advisory Services – All Levels!!!!!

– Hyperion Financial Analyst – HFM, Hyperion or Smartview experience – 1 to 2 years of experience!!!!

– Staff Accountant – work under 3 amazing controllers and learn from the best!!!!! no more than 2 years of experience needed.

– Internal Audit Manager – Pre-IPO company!

– Sales & Use Tax Accountant – staff and senior

– Payroll Manager MUST have Canadian payroll experience

– Financial Planning and Analysis Manager – HEAVY acquisition based

– AP Manager – SAP experience!!!!!

Still Looking For:

– Controller with domestic & international accounting experience (SEC too!)

– Controller, CPA with SEC

– AP Manager – bringing AP in house!

– Senior Accountant – Corporate accounting

– Director with International and Federal Tax experience – Partnership too

– Senior Auditor (less than 10% travel)

– Operational Auditor – 50% travel

– AP Supervisor – small company, family atmosphere

– Senior Accountant – Oil & Gas – Right hand person to the Controller

– Tax Analyst – Federal & State – Amazing tenure in this group!

– CFO – San Antonio – retail background preferred

– Budget Analyst – banner experience preferred

– Billing Clerk

– AP Clerk MUST speak French

News and Resources

Credit Manager – Central Houston – dcd@fittsroberts.com

Posted on by Dianedelgadolemaire

Credit Manager
The Credit Manager will be responsible for credit and collection decisions, monitoring of accounts receivable and notes receivable for all companies, and other related decisions within the financial services division. This hands-on position will use analytical skills in conjunction with customer service and business knowledge to manage credit risk.

Essential Functions of the Job:
o Review credit applications to ensure that information needed to make decisions are included and complete
o Review financial statements to determine credit worthiness and project viability
o Approve or deny credit based on key factors reviewed
o Set customer credit terms
o Monitor the accounts receivable and notes receivable on all companies
o Talk with all new and existing customers regarding their needs for working capital, remodel loans, acquisition loans, etc.
o Assist in ensuring that all loans are properly secured; close on loans
o Maintain confidential or sensitive information
o Call on delinquent accounts and make arrangements to keep account current
o Collect all returned checks on all companies
o Foreclose on loans when necessary
o Manage letters of credit
o Work as liaison with legal to file suit when all collection efforts have failed
o Work independently and have the ability to lead initiatives with coworkers and management
o Prepare for acquisitions, both internal and those of our customers by matching of perspective buyers and sellers of stores following established company guidelines
o Supervises one staff member who handles light level credit review; processes returned checks; maintains reports; light level collections; and general office duties
o Holds decision making authority up to and including stop deliveries, credit limits, collection efforts, etc.
o Other tasks required by manager or business operations

Required:
o 7-10+ years management level experience in credit, collections, and lending
o BA/BS in Business with emphasis in accounting or finance
o Strong knowledge of financial statements and ability to read and interpret the data to determine credit worthiness
o Ability to work directly with business leaders and relate financial analysis to business decision making
o Ability to understand the unique factors beyond the financial statement that must be considered when making credit decisions
o Strong analytical and problem solving skills
o Excellent customer service and interpersonal skills
o Strong verbal and written communication skills
o MS Office – Intermediate level

Credit Manager – Southwest Houston (Beltway & 59) 48 to 50K plus quarterly bonus!!!!

Posted on by Dianedelgadolemaire

v      Supervise five employees

¨       Previous management experience or supervisory role

¨       Basic knowledge of common accounts receivable work flow

¨       Basic knowledge of administrative work flow

v      Credit Manager

  • Investigations of credit worthiness of potential customers
  • Decision Making
  • Action plans for collecting receivables
  • Knowledge of consumer and commercial credit law
  • Knowledge of our  specific industry but not mandatory
  • Knowledge of lien laws and the process of securing our interest for both multi-housing and materialmans and mechanics.
  • Account Reconciliations
  • Account Negotiations
  • Understanding of Bankruptcy laws
  • Maintain customer relations
  • Work closely with outside collection sources; such as our Attorney or agencies
  • Process of documentation flow and procedures for collecting and extending credit.
  • Work closely with the sales staff for the multi-housing industry as well as the independent contractors.

¨       Should have a minimum of five years in a credit/collections field with a positive track record of large balance collections

¨       Degree, work history or credit and collections certificate

¨       Microsoft office proficient

v      Cash Application

  • Data Entry
  • Keying without error and posting
  • Work closely with the accountant

¨       Entry level responsibility can be trained or nominal work experience

v      Collections

  • Continuous collection calls incoming and outgoing
  • Research of items
  • Customer Service support
  • Knowledge of consumer and commercial credit laws
  • Knowledge of bankruptcy laws
  • Maintaining customer relationships
  • Basic understanding of accounting

¨       1-2 years experience

v      Administrative

  • Employee Management
  • Workflow within the department and outgoing to the branches
  • Reporting to the CFO  and other Executive Management
  • Training and updates on software
  • Customer related issues
  • General clerical functions

 

Diane Delgado LeMaire | Managing Director, Accounting & Finance Recruiting | Creative Financial Staffing, a division of Fitts, Roberts CPA Firm | 5718 Westheimer Suite 800 | Houston, TX 77057 | 713-260-5238 | dcd@fittsroberts.com  | http://cfstaffing.blogspot.com/| www.dianedelgadolemaire.wordpress.com| www.twitter.com/CPARecruiterHOU| www.linkedin.com/in/dianedelgadolemaire