Cargill NA CPS Credit Manager in Wichita, Kansas
NA CPS Credit Manager
Cargill provides food, agriculture, financial and industrial products and services to the world. Together with farmers, customers, governments and communities, we help people thrive by applying our insights and over 150 years of experience. We have 155,000 employees in 70 countries who are committed to feeding the world in a responsible way, reducing environmental impact and improving the communities where we live and work.
This position will lead the retained credit organization for Cargill Protein and Salt (CPS) and have oversight of credit-to-cash risk and accounts receivable (A/R). This individual will be a strong business partner driving initiatives across the businesses within CPS North America (NA) to facilitate the end to end credit-to-cash processes while taking the appropriate risks to maximize returns. This individual acts as a liaison and facilitates communication between the retained credit organization, Cargill Business Services (CBS), global credit leadership, and business leadership ensuring policies, risk exposures, and credit market trends are properly understood. This role provides credit expertise, valued insight and monitoring of CPS credit issues as they impact the enterprise in North America. Understands complex industry and individual counterparty market positions, interprets market data and trends, and creates forward-thinking insight for best possible risk management. Uses broad-based knowledge to help Cargill and the business avoid credit losses and potential involvement in bankruptcies or other high risk situations. Serves as the key credit contact point for strategic customers. Provides ongoing oversight and guidance on accounts receivable goals and working capital targets.
40% Credit Risk and Accounts Receivable Oversight: Establishment and oversight of credit policies and processes that comply with Cargill Global Credit Policy. Proactively work with the NA CPS businesses to find the right balance between minimizing risk while maximizing rewards.
Provide guidance in escalated, high risk/high reward situations.
Provide risk mitigation solutions and facilitate credit risk discussions with business leadership.
Ensure Credit and Financial Risk Committee (FRC) policies and procedures are understood, complied with, and adhered to by the retained credit organization and the CBS credit team for the CPS NA businesses.
Communicate all policy and procedure changes and provide on-going training to the credit, CBS, and commercial teams.
Good understanding of the business environment and variables impacting our customer´s businesses and the ability to translate that into risk avoidance or value creation.
On-going monitoring of credit exposure vs approved limits.
Provide oversight on bankruptcy/bad debt accounts.
Provide oversight of accounts receivable and ensure processes are aligned to meet working capital and DSO goals.
40% Business Partnering: This individual will be responsible to address the critical issues escalated by CBS and the businesses. Working with the CBS leadership and business teams, this individual will be responsible to ensure efficiency and effectiveness in the processes for evaluating credit worthiness, credit limits setting, credit exposure monitoring/reporting, A/R collections and past due/defaults monitoring and control.
Build and maintain relationships with strategic customers and business leaders.
Create and maintain a culture of cooperation between the retained credit organization, CBS, and commercial teams to ensure that complete and timely credit worthiness evaluation is prepared for each customer, (as per credit policy) before the credit limit request is submitted for approval into the systems workflows.
Provide oversight for CPS approach to managing customers’ risk.
Ensure strong communication and collaboration between the Global Credit Group, the CBS centers, and the business.
Partner with CBS on credit exposure, monitoring/reporting, A/R management and continuous Improvement.
Ensures visibility and accountability of key business metrics and fosters a culture of cooperation and continuous improvement with the CBS centers.
20% Talent management:
Identify, develop, and coach direct reports to ensure we have high performing teams. Empower team to initiate change and drive results.
Identify, retain, and develop key talent to support risk management and continuous improvement.
Accountable for overall performance management, talent development, succession planning, and engagement.
Create a culture of self-driven curiosity development and encourage intellectual curiosity to meet individual development goals.
- Ability to travel (10%)
Bachelor’s Degree in Finance, Accounting or related field
Minimum 7 years’ experience in credit management or Finance
Knowledge of credit, collection, & bankruptcy laws, collection agencies and attorneys
Understanding of business structures, corporate hierarchies, subsidiaries
Expertise in financial statement analysis and risk assessment
Excellent written communication skills, both written and verbal
Demonstrated experience and success in managing virtual teams and motivating for high performance
Ability to successfully interact and negotiate with customers, both internal and external
Demonstrated flexibility and ability to deal with ambiguity
Strong leadership, team building, interpersonal, and communication skills
Demonstrated change agility
10 years global credit-related experience
Strong knowledge of credit management systems and ERP’s
Proficiency in Microsoft Office applications (Word, Excel, PowerPoint)
Equal Opportunity Employer, including Disability/Vet.
Primary Location US-KS-Wichita
Job Type Standard
Shift Day Job
Req ID: WIC04139