CREDIT MANAGER SKILLS, EXPERIENCE, AND JOB REQUIREMENTS

Published: August 26, 2024 - The Credit Manager oversees the preparation of financial statements and ensures the accuracy of monthly closing reports in a manufacturing environment. This role requires extensive knowledge of accounting principles and procedures, with responsibilities including the verification of customer and vendor creditworthiness and the management of international credit and collections. Additionally, the Credit Manager handles multiple projects simultaneously, ensuring compliance with tax audits and timely reporting of corporate taxes, leveraging proficiency in Microsoft Office Products and various accounting software.

Essential Hard and Soft Skills for a Standout Credit Manager Resume
  • Financial Analysis
  • Accounting Principles
  • Credit Risk Assessment
  • Regulatory Compliance
  • Financial Reporting
  • Tax Reporting
  • Software Proficiency
  • Journal Entry Preparation
  • Collections Management
  • International Transactions
  • Communication
  • Analytical Thinking
  • Problem Solving
  • Time Management
  • Attention to Detail
  • Negotiation
  • Leadership
  • Adaptability
  • Decision-Making
  • Stress Management

Summary of Credit Manager Knowledge and Qualifications on Resume

1. BS in Business Administration with 5 years of Experience

  • Strong accounting skills, computing skills and risk analysis skills 
  • Documentation and organization skills 
  • Excellent investigative skills and quantitative analysis skills 
  • Proven resourcefulness and ability to work independently 
  • Ability to work under pressure and tight deadlines 
  • Experience in leading a sizable team with good people management and interpersonal skills 
  • Good presentation and communication skills 
  • Team player with positive attitude 
  • Highly organized and detail oriented 
  • Excellent problem-solving and time management skills 

2. BS in Risk Management with 4 years of Experience

  • Decision Making in balancing business goals and risk tolerance of the Bank
  • Stress tolerance in setting up start up organizations
  • Exceptional interpersonal and communication skills for both internal and external stakeholders
  • Proactive and self-motivated learner
  • Experience in lending and credit operations in a Bank or Fintech
  • Experience in dealing with credit scoring vendors and credit Bureaus
  • Practices good judgment and decision-making ability
  • Demonstrates accuracy in work, attention to detail, integrity and ethical standards
  • Able to handle difficult customers with diplomacy and tact
  • Manages time effectively and adapts quickly to changing priorities

3. BS in Accounting with 7 years of Experience

  • Experience assessing credit proposals for residential funding
  • Strong analytic skills and be commercially focused
  • In-depth knowledge of lending agreements
  • Knowledge of residential property market
  • Strong leader with prior leadership experience and can build strong relationships
  • Strong Relationship and Stakeholder management skills
  • Proven credit sanctioning experience
  • Interpersonal skills are necessary for professional interactions with colleagues, partners, and the business lines to ensure a high level of credibility.
  • Experience in working within a Lean environment

4. BS in Risk Management with 8 years of Experience

  • Experience in credit management
  • Turkish GAAP, USGAAP and IFRS knowledge together
  • Detail-oriented and well-organized, with the ability to meet strict deadlines and to multitask between various projects
  • Demonstrates flexibility and adaptability in a changing environment,
  • Trade receivable insurance management experience 
  • Good English, written and verbal communication skills
  • Turkish knowledge and strong negotiation skills
  • Ability to stakeholder management during projects a

5. BS in Accounting with 4 years of Experience

  • Extensive experience in a senior Credit Control position (Assistant Manager and above)
  • Experience in B2B and B2C credit control including reducing DSO and ledger balances
  • Confident with multi country, multi product VAT, FX and Withholding Tax
  • Intermediate to advanced Excel and Word, and technology literate
  • Strong communication skills
  • Time management and organisational skills essential.
  • Experience of using Sun and Salesforce 
  • Proficiency in English, any other foreign language
  • Very good knowledge of MS Office Tools
  • Operational experience of SAP (FI-CO/SD-MM) 
  • Strong interpersonal skill combined with solid analytical skills, attention to details and willing-ness to learn
  • Ability to work independently and be able to interact with all levels of the organization

6. BS in Finance with 6 years of Experience

  • Experience in-house or external debt transaction counsel having owned drafting and/or management of third party service providers creating transaction documents
  • Experienced having worked on international debt transactions in Emerging Markets is key
  • Has an existing network of fintech borrowers, credit funds, and other participants they can target from Day 1
  • Past experience working in a startup, or corporate with a self-starter mindset
  • Ability to illustrate instances built an entire process, product, or led an end-to-end transaction
  • Ability to fully own a problem/project from start to finish
  • Outstanding oral and written communication skills
  • Knowledge of credit insurance policies including mechanics and rules
  • Confident dealing with escalated aged debt and the legal collections process
  • Awareness and experience in issuing Pre Action protocols

7. BA in Economics with 10 years of Experience

  • A comprehensive knowledge of the Bank’s products and services.
  • An expert understanding of Bank lending policies and procedures, financial analysis, risk assessment techniques, credit structuring, collateral and security documentation and registration, collection, regulatory, related legislation, and accounting practices.
  • Proven commercial lending experience and the ability to fully analyze Financial Statements
  • Strong analytical and problem resolution skills.
  • Strong coaching, leadership and demonstrated facilitation skills.
  • Proven ability to manage conflicting priorities and must be organized and be an effective decision maker to meet the demands of a high-volume environment
  • Knowledge of all relevant systems as applicable to the ACE unit, including Credit Lens where required.
  • Good understanding of the Bank’s credit culture
  • Proven ability in administering a Commercial credit portfolio.
  • Effective communication (written and verbal) to produce informative, concise, and professional credit replies, presentations, and correspondence. 

8. BS in Finance with 5 years of Experience

  • NACM or FCIB designation(s).
  • Experience reviewing and analyzing commercial credit data using industry credit rating agencies and platforms (experience using Dun & Bradstreet).
  • Meet continuing education standards within the industry.
  • Experience in the construction trade.
  • Experience in the rental industry.
  • Experience with PC based software and Windows 
  • Experiences in Banking in credit underwriting
  • Good analytical and credit assessment skills, with sound knowledge of PB AML requirements and relevant rules
  • Good communication and interpersonal skills
  • Good command of written and spoken English and Chinese (including Putonghua)

9. BA in Economics with 6 years of Experience

  • Advanced accounting or finance degrees or accreditations 
  • Experience working in general or cost accounting in a manufacturing environment.
  • Must have extensive knowledge of accounting principles and procedures.
  • Must have the ability to prepare financial statements and compile monthly closing reports and ensure their accuracy.
  • Experience dealing with international credit, collections, insurance, and shipping transactions.
  • Must have the ability to prepare monthly account reconciliations, assist with tax audits, and prepare monthly, quarterly, and annual corporation tax reports in a timely manner.
  • Ability to post to the general ledger and make journal entries.
  • Ability to verify credit worthiness of customers, vendors and make determinations regarding extensions and possible collections.
  • Ability to handle multiple projects in a given time, including during deadline periods 
  • Must have excellent verbal and written communication skills, along with knowledge of the use of Microsoft Office Products and various accounting software 
Relevant Information
Commercial Credit Analyst Skills, Experience, and Job Requirements
Corporate Credit Analyst Skills, Experience, and Job Requirements