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Credit Manager - Cranbury, NJ
Cooper Electric
24d ago
Intermediate (4-7 years), Expert & Leadership (13+ years), Experienced (8-12 years)
Full Time
Cranbury, NJ
Office Full-Time
Company Size
850 Employees
Service Specialisms
Electrical Contracting
Design-Build
Construction Services
Engineering
Project Management
Technical Services
Sector Specialisms
Contractors
Industrials
Utilities
Commercial
Residential
Solar
Light Commercial
Industrial
Role
What you would be doing
credit application review
administer credit holds
monitor credit limits
recommend 3rd party collections
reconcile payments
work with sales
- Perform credit application reviews and approve/deny for potential new accounts.
- Oversee all credit staff activities to ensure compliance with policies and procedures within their authority levels.
- Administer appropriate ‘credit holds’ for accounts to ensure that orders are not processed when perceived credit risks do not warrant additional exposure.
- Determine when internal collections efforts are no longer effective and recommend 3rd party collection efforts by providing details to warrant the referral.
- Assign and monitor credit limits. Regularly review limits with credit staff to ensure risk mitigation and reflection of current financial standing.
- Determine and administer other alternatives of payment such as joint check agreements, bond claims, lien filings and workout plans.
- Reconcile payments from the customer to assist the cash applications group or prove to a customer where a payment was applied.
- Work closely with the internal sales team to correct billing errors, provide information needed to resolve disputes, and proactively discuss accounts nearing a “hold” status.
- Oversee and prioritize collection activity with credit staff. Determine best course of action to keep accounts within an acceptable standing.
What you bring
get paid
8+ years
management exp.
negotiation
verbal/written
fast-paced
- The ability to operate computers and relevant computer software. Experience utilizing Get Paid is a plus.
- Ability to prioritize needs in a fast-paced environment.
- A minimum of 8 years of experience in a credit and collections role.
- A minimum of 5 years management experience (approx. 7 direct reports)
- Strong negotiation, mathematics, verbal, and written communication skills.
- This job is performed primarily in an office environment and requires the ability to operate standard office equipment and keyboards.
- Strong customer service skills and interpersonal communication skills.
- Repetitive motion of wrists, hands, and/or fingers.
- Ability to effectively communicate information and present solutions to a customer.
Information not given or found
Training + DevelopmentInformation not given or found
Interview process
Information not given or found
Visa SponsorshipInformation not given or found
Security clearanceInformation not given or found
Company
Overview
1961
Year Founded
Began as a family‑owned business in New Jersey.
$280 Million
Annual Revenue
Generated in support of contractors and utilities with essential supplies.
50+ Locations
Expansion Milestone
Expanded from Cranbury headquarters to a widespread network across the tri‑state area.
- Born from humble beginnings, the company expanded from its Cranbury headquarters to over 50 locations, driven by a mission to meet diverse electrical needs.
- Specializing in procurement, automation, lightning design, recycling, BIM, prefabrication, instrumentation & controls, and calibration services.
- Typical projects include outfitting commercial buildings, residential upgrades, industrial installations, and utility service contracts.
- Unique for its deep roots in family leadership and long-standing presence in the tri‑state region since 1961.
- Backed by Sonepar USA, it blends local service with global supply chain capabilities to deliver reliable, end‑to‑end electrical solutions.
- Committed to being the trusted partner for all customers' electrical needs.
- Act with integrity and transparency in all business practices.
- Continuously seek new ways to improve and deliver value in the electrical industry.
- Work together to achieve the best outcomes by combining expertise and resources.
- Prioritize the health, safety, and well-being of employees, customers, and communities.
Net Zero by 2040
Net Zero Emissions Target
The company is working towards achieving net zero emissions by 2040, demonstrating a strong commitment to sustainability.
- Committed to providing sustainable solutions to help customers reduce energy consumption and carbon footprint.
- Promotes energy-efficient products and services actively.
- Has implemented initiatives to reduce its own environmental impact.
- Creating an inclusive environment where all employees are valued, respected, and empowered.
- Implementing programs to ensure equal opportunity and address unconscious bias in hiring processes.
- Actively working on gender equality and diversity through various recruitment initiatives.
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