Lehigh Hanson Credit Portfolio Manager in Irving, Texas
Line Of Business: Corporate Administration (SSC, IT, Employee Services, Etc.)
Primary Location: Irving-TX
The Company and the Role:
Lehigh Hanson is one of the largest construction materials companies in North America with more than 550 active operations in the U.S. and Canada. Our core activities include the production and distribution of cement and aggregates, the two essential raw materials in concrete. Lehigh Hanson companies also produce ready-mixed concrete, asphalt and other concrete products.
Lehigh Hanson is part of the HeidelbergCement Group, a global leader in aggregates, cement, concrete, and other downstream activities. The Group employs over 60,000 people at more than 3,000 locations in 60 countries.
Lehigh Hanson is seeking a qualified Portfolio Manager II – SSC Credit Services.
The position of Portfolio Manager II – SSC Credit Services will be responsible for delivering outstanding performance focusing on days sales outstanding (DSO) for an Accounts Receivable (AR) portfolio with a value between $50 million and $250 of annual revenue. Primary responsibilities include determining and maintaining credit worthiness of new/existing customers, DSO improvement through the application of disciplined credit procedures, establishing & maintaining effective relationships with key external and internal customers, and minimizing bad debts.
This opportunity is perfect for the portfolio management professional with a manufacturing/industrial background looking to grow their career with an industry leader. You will experience the opportunity to work alongside a tenured and knowledgeable team. This is a unique opportunity for you to begin your career with a proven leader in the cement and construction materials industry.
This position will reside at the corporate office in Irving, Texas.
Equal Opportunity Employer – Minority / Female / Veteran / Disabled
What you’ll get to do:
Manage the accounts receivable assets of respective area of responsibility with a focus on the following:
Minimize the DSO metric by developing and maintaining diligent credit worthiness processes and an effective, disciplined A/R collection framework. Establish and enforce credit terms for all customers.
Secure and enforce compliance with the appropriate state bond and lien statutes.
Develop expertise in the U.S. and/or Canadian Bankruptcy Codes as well as the Uniform Commercial Code. Monitor federal, state and provincial legislation pertinent to credit and/or collection laws, bonding issues and lien statutes.
Develop effective relationships with all relevant internal customers. Provide pertinent value-added information and instruction on a timely basis to Sales and Management.
Understand and provide solutions to balance the goal of maximizing sales while minimizing credit risk. Cultivate and maintain enduring relationships with external customers to enhance customer retention. Where open account sales are not appropriate, develop alternative methods to sell marginally qualified customers on risk mitigating credit terms.
Minimize bad debt write-offs.
Attend sales meetings/AR Reviews in assigned area of management (travel required)
Work closely with the Litigations and Disputes team to provide effective solutions in managing difficult customer relationships with active accounts. Ensure that litigation files are communicated to the Litigation team on a timely basis to maximize potential recovery. Accumulate and retain all data and evidence necessary to allow successful prosecution.
Who we are looking for:
Five to ten years (minimum of seven for external candidates) of functional experience in Accounts Receivable/Credit
Bachelor’s Degree or equivalent experience required
Possess excellent communication skills, with demonstrable ability in all facets (verbal, presentation and writing)
Possess experience with Enterprise Resource Planning (ERP) and Microsoft Office
Direct industry experience a plus
10% Travel required
Will be exposed to:
Multiple ERP solutions will require knowledge of each.
Changing lien and bonding laws will require constant updates in continuing education
Difficult economic conditions will challenge cash flow position
Our corporate office supports the Lehigh Hanson plants in North America and offers a competitive benefits package that includes a 401(k) savings plan with company match, tuition reimbursement, and employee purchase program. Amenities include an on-site deli, free covered parking, and free fitness center.
No search firms please.
Employer Statement: Equal Opportunity Employer - Minority / Female / Veteran / Disabled