Credit Manager (On-site)
Full time @Daybar Industries Limited posted 7 hours ago in Accounting / Finance Shortlist Email JobJob Detail
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Job ID 21477
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Experience 5 Years
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Qualifications Degree Bachelor
Job Description
“Credit & Collections Manager (On-site) Brampton-ON
Location: Brampton, ON (On-Site)
Industry: Manufacturing – Commercial Steel Doors & Frames
About Daybar Industries Limited
Daybar Industries Limited has been a recognized leader in the design, manufacture, and distribution of high-quality commercial steel doors and frames since 1964. With operations across Canada and the United States—including Brampton, Calgary, Florida, Texas, Atlanta, and Arizona—we are proud of our five-decade legacy of innovation, reliability, and exceptional customer service.
As we continue to grow, we are seeking a Credit & Collections Manager to join our finance team at our Brampton, ON headquarters. This is a critical role responsible for ensuring the financial health of our receivables portfolio by overseeing credit risk, optimizing collections, and managing key stakeholder relationships.
Key Responsibilities
Credit Management & Risk Assessment
Lead the customer onboarding process in alignment with corporate credit policy and risk guidelines.
Evaluate the creditworthiness of new and existing customers using financial analysis, trade data, and internal/external credit reporting.
Establish and maintain appropriate credit limits and payment terms to support business objectives while mitigating risk.
Ensure strict compliance with credit insurer policies; prepare and submit claims for delinquent accounts where necessary.
Collections Oversight
Oversee the collection of outstanding receivables across multiple locations, prioritizing high-dollar and escalated accounts.
Issue customer statements and dunning letters on a regular schedule; monitor aging reports and drive timely resolution.
Negotiate payment plans and recommend appropriate actions for delinquent accounts, including legal proceedings when necessary.
Process Optimization & Internal Controls
Manage the end-to-end credit request process, ensuring documentation and approval protocols are consistently followed.
Implement and monitor internal control processes to ensure compliance, accuracy, and integrity in all AR-related activities.
Collaborate closely with internal stakeholders to support cross-functional initiatives and resolve disputes affecting cash flow.
Team & System Leadership
Provide guidance to AR staff, ensuring adherence to policies and accuracy of entries within the ERP system.
Act as a subject matter expert in the AR module of the company’s ERP system; continuously seek opportunities for process automation and efficiency.
Other Duties
Perform credit checks and support customer application processes as required.
Contribute to continuous improvement initiatives and special projects as assigned by finance leadership.
Other duties as required.
Qualifications
Bachelor’s degree in accounting, finance, or a related discipline (required)
Certified Credit Professional (CCP) designation in good standing (required)
5+ years of progressive experience in credit and collections, with a minimum of 3 years in a supervisory or management role
Prior experience in a manufacturing environment is strongly preferred
Solid understanding of credit risk management, financial reporting, and AR modules within ERP systems
Demonstrated ability to lead, influence, and collaborate cross-functionally
Strong analytical, negotiation, and communication skills
Detail-oriented with excellent time management and organizational capabilities
Additional Details
Employment Type: Full-time
Work Schedule: Monday to Friday
Work Location: On-site – Brampton, ON (L6T 2J4)
Job Type: Full-time
Benefits:
Company events
Dental care
Vision care
Schedule:
Monday to Friday
Application question(s):
Do you have managerial experience?
Licence/Certification:
CCP (required)
Location:
Brampton, ON L6T 2J4 (required)
Work Location: In person
Expected start date: 2025-06-02
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