SanMar

Manager, Credit

SanMar$90K — $125K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's Degree in Finance, Accounting, Business Administration, or a related field.
  • 4-6 years of progressive experience in credit, accounts receivable, collections, or credit risk management.
  • 1-3 years of supervisory experience.
  • Experience managing mid to large customer portfolios and complex credit decisions.
  • Strong knowledge of credit analysis including financial statements and risk indicators.
  • Proficiency in establishing credit policies and collection strategies.
  • Strong negotiation skills and the ability to balance firmness with relationship building.

Responsibilities

  • Lead and develop credit analysts and accounts receivable teams, promoting performance management and teamwork.
  • Ensure execution of credit policies and operational efficiency to support business growth.
  • Recruit, mentor, and performance manage supervisors to enhance leadership capabilities.
  • Participate in customer credit reviews and support the teams in financial analysis.
  • Lead collection strategies and coach teams on negotiation and risk assessment techniques.
  • Deliver high-quality service aligned with the company's values to internal and external customers.
  • Collaborate with department managers to align performance standards and improvement initiatives.

Benefits

  • Comprehensive medical, dental, and vision benefits.
  • 401k plan with a match of $1 for $1 up to 4% of earnings, vested at every pay cycle.
  • Life insurance and short/long-term disability coverage.
  • Paid maternity/paternity leave for new parents.
  • Pet insurance available to employees.
Full Job Description
What's the Short Version?

The Manager, Credit leads SanMar's credit and collections function, overseeing accounts receivable and credit analyst teams to support sales growth while managing credit risk. This role provides clear direction, coaching, and tools to ensure effective operations and achievement of business objectives.

This role partners closely with Sales and customers to strengthen relationships, resolve issues, and support profitable growth while maintaining sound credit and risk management practices. They proactively identify business challenges and improvement opportunities and collaborate with Credit Leadership and cross-functional leaders to implement solutions and initiatives. The Manager, Credit fosters a culture of engagement, accountability, and continuous improvement, supporting employee development and serving as a mentor to supervisors to strengthen leadership capability across the department.

What Will You Be Doing?
  • Lead the credit analysts and accounts receivable teams by providing clear direction, support, and accountability, driving strong performance management, communication, employee engagement, and teamwork.
  • Ensure consistent execution of credit policies, standards, and metrics are consistently executed across collections, analyst, and supervisory teams, driving disciplined DSO performance, effective bad debt management, and operational efficiency in support of SanMar's growth.
  • Hire, mentor, performance manage, and develop supervisors, strengthening leadership capability, engagement, and succession readiness across the Credit team.
  • Actively participate in customer credit reviews, including financial and credit analysis, engaging directly with customers while supporting and advising Analysts and AR team members.
  • Lead collection strategy and execution, coaching teams on effective negotiation techniques, risk assessment, and issue resolution to protect credit exposure while strengthening customer relationships and revenue opportunities.
  • Deliver a high level of service to internal and external customers by modeling responsiveness, consistency, and professionalism aligned with SanMar's guiding principles and family values.
  • Partner with Department Managers to align performance standards, metrics, procedures, and improvement initiatives across functional areas.
  • Identify opportunities to improve team performance, efficiency, and consistency, resolving issues and implementing goals and initiatives in partnership with Credit Department Leadership and the Credit Director.
  • Champion continuous improvement by introducing innovative ideas and supporting planning efforts that drive functional and departmental effectiveness.
  • Attend and participate in industry credit groups, monitor competitor and industry trends, and stay current on best practices within the credit field. Potential for quarterly travel.
  • Perform other duties as assigned.
  • Comply with all policies and standards.


What Are We Looking For?
  • Bachelor's Degree degree in Finance, Accounting, Business Administration, or a related field
  • 4-6 years of progressive experience in credit, accounts receivable, collections, or credit risk management
  • 1-3 years of supervisory experience
  • Demonstrated experience working with mid to large customer portfolios and complex credit decisions.
  • Strong knowledge of credit analysis, including review of financial statements, credit reports, and risk indicators
  • Experience establishing and enforcing credit policies, payment terms, and credit limits
  • Experience developing and leading collection strategies while maintaining positive customer relationships
  • Comfortable managing multiple priorities in a fast paced environment
  • Strong negotiation skills, balancing firmness with relationship building
  • Strong working knowledge of Microsoft Excel, Salesforce, Dynamics 365 and related software applications


What's Our Offer?

Salary Range: You`ll earn between $90,000 - $125,000 (WA, NJ); $82,350 - $114,375 (MN, NV, TX, VA); $79,200 - $110,000 (AZ, ID, FL MT, OH) annually, depending on experience.

Bonus: You`ll be eligible for an annual discretionary bonus up to 15% of base salary.

Paid Time Off: You`ll accrue paid time off on a bi-weekly basis based on hours worked up to 152 hours per year to start. Employees also receive 8 paid holidays and 1 paid family day off.

Additional Benefits:
  • Comprehensive medical, dental, and vision benefits
  • 401k plan and matches $1 for $1 up to 4% of earnings, matched & vested at every pay cycle
  • Life insurance
  • Short/long-term disability coverage
  • Paid maternity/paternity leave
  • Pet insurance


What Should You Expect?

Hybrid: SanMar's Eastpointe office is located in Issaquah, WA in the Seattle metropolitan area. Employees are required to work in our offices Tuesday through Thursday each week and additional days may be added based on business needs. Our standard working hours are 8:00-5:00 PST. While performing the duties of this job, the employee is regularly required to sit; reach with hands and arms and talk or hear. The employee is frequently required to use hands to finger, handle or feel. Specific vision abilities required by this job include close vision, distance vision, color vision, peripheral vision, depth perception and ability to adjust focus. Work environment is moderately quiet. Ability to work on computer for multiple hours with frequent interruptions. Quarterly travel may be required.

About SanMar

SanMar is a leading supplier of apparel and accessories to the promotional products industry. The company offers a wide range of products, including T-shirts, polo shirts, jackets, hats, bags, and more. SanMar serves customers in the United States, Canada, and Europe through a network of distribution centers. The company is committed to sustainability and has implemented various initiatives to reduce its environmental impact. SanMar was founded in 1971 and is headquartered in Issaquah, Washington.
Learn more about SanMar
Size
4,000 employees
Industry
Net Income
$50 million
Founded
1971
5 Year Trend
+10%
Revenue
$1 billion
NASDAQ

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