Sr Manager of Credit and Accounts Receivable

Req ID: 452093

BASIC PURPOSE : Leader of the credit and collection functions for the Love's Family of Companies

MAJOR RESPONSIBILITIES:

• Responsible for creating a collaborative environment of continuous improvement for the Credit function

• Oversees day to day execution and adherence to credit policy through effective credit risk analysis and exposure management practices which facilitate sales, minimize bad debts and optimize accounts receivable turnover

• Directs risk reviews of new and existing customers to determine credit risk. Establish limits/terms based on appropriate levels of risk to assume. Approves credit or makes recommendations within delegated authorities

• Monitors control reports to ensure the effective management of customer exposures, adherence to contract terms and that appropriate and timely action is taken (e.g. cash forecast, red flag, OTC/FF, etc.)

• Negotiates and administers credit provisions of contracts and various other security related documents (e.g. guarantees, letters of credit, netting agreements, etc.)

• Responsible for maintaining allowance for bad debt across the Love's Family of Companies

• Works with both internal and external business contacts in resolving credit and accounts receivable related issues

• Prepares and monitors department reports and metrics: monthly credit package, bad debt work papers, quarterly management book, monthly Musket meeting slides, bankruptcy and workout log, etc.

• Supervisory duties include overall team performance, staffing, goal setting, evaluations and development

• Other special projects/duties as assigned

EDUCATION AND EXPERIENCE:

• Education:

• Business Bachelor's Degree required

• MBA, and CCE a plus

• Experience:

• 5+ years commercial credit, experience in a wholesale fuel/trading environment preferred

• 5+ years experience leading a team

SKILLS AND PHYSICAL DEMANDS:

• Skills:

• Hard skills: Microsoft Office products, financial risk analysis, understanding of physical/financial trading,

• SRA

• Soft Skills: Excellent verbal and written communication, business acumen, strong analytical and decision making skills; keen attention to detail, ability to multi task and good organization skills

• Typical Physical Demands:

• Requires prolonged sitting, some bending and stooping

• Occasional lifting up to 25 pounds

• Manual dexterity sufficient to operate a computer keyboard and calculator

• Requires normal range of hearing and vision

Job Function(s): Accounting and Finance

Love's has been fueling customers' journeys since 1964. Innovation and perseverance continue to lead the way for the family-owned and -operated business headquartered in Oklahoma City with more than 40,000 team members in North America and Europe. The company's core business is travel stops and convenience stores with more than 630 locations in 42 states. Love's continues its commitment to offer products and services that provide value for professional drivers, fleets, four-wheel customers, RVers, alternative fuel and wholesale fuel customers. Giving back to communities Love's serves and maintaining an inclusive and diverse workplace are hallmarks of the company's award-winning culture.

The Love's Family of Companies includes:

• Gemini Motor Transport, one of the industry's safest trucking fleets.

• Speedco and Love's Truck Care, the largest oil change and preventive maintenance and total truck care network.

• Musket, a rapidly growing, Houston-based commodities supplier and trader.

• Trillium, a Houston-based alternative fuels expert.

• TVC Pro-driver, a commercial driver's license (CDL) protection subscription service.

EOE-Protected Veterans/Disability