Scotsman Ice Systems Logo

Scotsman Ice Systems

Credit Manager

Reposted One Month Ago
Be an Early Applicant
In-Office
60061, Vernon Hills, IL, USA
90K-100K Annually
Senior level
In-Office
60061, Vernon Hills, IL, USA
90K-100K Annually
Senior level
Lead credit and collections operations, make credit recommendations, supervise staff, reconcile AR and bank accounts, manage sales returns reserves and sales/use tax filings, support interdepartmental account resolution, maintain credit files and procedures, and provide operational backups for pricing, reporting, and distributor programs.
The summary above was generated by AI

Job Title

Credit Manager

Function

Finance

Reports to

Director of Revenue Accounting

Supervises

Finance and Payroll Generalist

Mission

Safeguard the company’s financial integrity by leading a disciplined credit and collections function that supports responsible revenue growth, minimizes risk, and ensures accurate, compliant financial operations. This role is committed to making sound credit decisions, maintaining rigorous controls, fostering cross department collaboration, and providing reliable operational support. Through proactive risk monitoring, timely reconciliations, precise tax compliance, and adherence to company policies and ethical standards, the mission is to uphold financial accuracy, strengthen customer account management, and contribute to the organization’s overall operational excellence.

Principle Activities

 

  • Make credit recommendations for new customer accounts. 
  • Train and supervise the finance and payroll generalist.
  • Review customer accounts for adherence to terms. 
  • Review daily customer order hold report and, when appropriate release for shipment.
  • Monitor distributors credit trends and bring any potential risks to the attention of the Director of Revenue Accounting.
  • Sales returns/allowances reserve requirements computed quarterly and determine if provision is adequate. If not propose adjustment.
  • Supervise the completion of Sales & Use Tax returns timely and accurately. Facilitate audits of all Sales and Use Taxes.
  • Keep up to date credit files.
  • Timely reconciliation of the AR subsidiary records and Depository Bank accounts to the GL and rectify timely all reconciling items.
  • Maintains updated work instructions/procedures for the credit and collection major job responsibilities.
  • Facilitating effective interdepartmental communication by partnering with Sales, Operations, Finance, and Customer Service to resolve account discrepancies and ensure smooth workflow across teams.
  • Serves as a backup for key operation functions, including maintaining finished goods pricing within QAD, managing monthly distributor scorecard reporting, and supporting accrual activities for the Distributor Rebate Program. Provides coverage for daily and weekly operational reporting orders, shipments, and backlog ensuring accuracy, continuity, and timely escalation of any issues or trends requiring attention.
  • All other duties as assigned.
Qualifications

Financial/Risk Control

  • Fulfill the financial control and risk management responsibilities inherent in the position.
  • Ensures adherence to the Ali/ Welbilt Finance and Control Manual specifically to sections related to Debtors, Revenue Recognition and others as deemed appropriate.
  • Conduct yourself in accordance with the Company code of ethics policy at all times.

Required Education/ Certification

Bachelor degree preferred, or equivalent experience.

Proficient with credit and bankruptcy laws to address risks that may arise.

Required Experience

7 Years Accounting experience with at least 5 in credit and collections

Microsoft Suite

Supervisory experience required

Physical Requirements/Other

Occasional travel  as necessary

Ability to sit for extended periods of time and lift up to 15lbs.

HQ

Scotsman Ice Systems Vernon Hills, Illinois, USA Office

Vernon Hills, IL, United States

Similar Jobs

4 Days Ago
Hybrid
Chicago, IL, USA
101K-138K Annually
Senior level
101K-138K Annually
Senior level
Fintech • Machine Learning • Payments • Software • Financial Services
Develops and enhances B2B trade credit product capabilities and customer servicing platforms. Partners with operations stakeholders, engineers, designers, data scientists, and business teams to identify opportunities, build business cases, define acceptance criteria, prioritize roadmaps, and deliver platform improvements. Breaks epics into features and user stories, validates solutions through data and research, manages risk, and communicates product strategy to stakeholders in an agile environment.
Top Skills: Agile DevelopmentDigital Product Platforms
24 Days Ago
Hybrid
Chicago, IL, USA
119K-205K Annually
Senior level
119K-205K Annually
Senior level
Fintech • Financial Services
Lead consumer credit risk strategy and manage analysts evaluating lending portfolios. Develop underwriting guidelines, credit policies, and risk oversight processes; monitor delinquency, charge-offs, approvals, and risk-adjusted returns. Support new product evaluations, analyze portfolio performance, generate reporting using SQL, Excel, and Power BI, and recommend risk-return improvements. Partner with lending, audit, regulatory, and second-line risk teams while hiring, coaching, and developing staff.
Top Skills: ExcelPower BISQL
3 Days Ago
Hybrid
Chicago, IL, USA
70K-80K Hourly
Senior level
70K-80K Hourly
Senior level
Database • Analytics
Manage end-to-end implementation of a consumer credit card program within an issuer environment. Build execution roadmaps, coordinate cross-functional stakeholders and vendors, track dependencies and risks, support change management, resolve obstacles, and drive organizational readiness across business, credit, marketing, operations, technology, analytics, risk, and compliance teams.

What you need to know about the Chicago Tech Scene

With vibrant neighborhoods, great food and more affordable housing than either coast, Chicago might be the most liveable major tech hub. It is the birthplace of modern commodities and futures trading, a national hub for logistics and commerce, and home to the American Medical Association and the American Bar Association. This diverse blend of industry influences has helped Chicago emerge as a major player in verticals like fintech, biotechnology, legal tech, e-commerce and logistics technology. It’s also a major hiring center for tech companies on both coasts.

Key Facts About Chicago Tech

  • Number of Tech Workers: 245,800; 5.2% of overall workforce (2024 CompTIA survey)
  • Major Tech Employers: McDonald’s, John Deere, Boeing, Morningstar
  • Key Industries: Artificial intelligence, biotechnology, fintech, software, logistics technology
  • Funding Landscape: $2.5 billion in venture capital funding in 2024 (Pitchbook)
  • Notable Investors: Pritzker Group Venture Capital, Arch Venture Partners, MATH Venture Partners, Jump Capital, Hyde Park Venture Partners
  • Research Centers and Universities: Northwestern University, University of Chicago, University of Illinois Urbana-Champaign, Illinois Institute of Technology, Argonne National Laboratory, Fermi National Accelerator Laboratory

Sign up now Access later

Create Free Account

Please log in or sign up to report this job.

Create Free Account