Tennant Company · 11 hours ago
Credit Manager
Eden Prairie, MN
Full-time
Onsite
Mid, Senior Level
$105K/yr - $163K/yr
7+ years expTennant Company is a globally recognized leader in the cleaning equipment industry, seeking a US Credit Manager to lead their worldwide credit risk strategy and credit policy. This role is responsible for customer credit assessment and portfolio risk management to optimize cash flow and enhance customer experience while managing a team across the Americas.
Machinery ManufacturingManufacturingProduct Design
Responsibilities
Develop, implement, and maintain global credit policies, procedures, and controls consistent with U.S. GAAP and SOX requirements
Define credit limit frameworks, escalation thresholds, and approval matrices; ensure consistent application across regions
Establish risk segmentation (e.g., high/medium/low risk, strategic accounts) and appropriate mitigation strategies (guarantees, letters of credit, trade credit insurance)
Conduct creditworthiness assessments using financial statements, bank/trade references, external agency data, and internal payment history
Own portfolio monitoring, early‑warning indicators, and risk dashboards; proactively adjust credit exposure based on macro or customer‑specific signals
Maintain and optimize trade credit insurance programs (coverage, claims, compliance)
Drive O2C process excellence: order release controls, billing accuracy, chargeback management, and write‑off governance
Champion ERP/CRM enhancements (e.g., SAP S/4HANA) and credit scoring automation tools
Implement KPI dashboards and reporting cadence for executive visibility
Ensure adherence to U.S. GAAP, SOX, and applicable international laws (sanctions/export controls, anti‑bribery/anticorruption)
Maintain documentation and audit trails; support internal/external audits and control testing
Build, coach, and scale a high‑performing global credit team (direct reports or regional leads)
Facilitate cross‑regional best‑practice sharing and continuous improvement initiatives (Lean/Six Sigma)
Qualification
Required
Bachelor's degree in Finance, Accounting or related field
7+ years of experience in credit management / accounts receivable, with 3+ years in a leadership role
Demonstrated expertise in financial statement analysis, covenant assessment, and setting credit limits
Hands‑on experience with ERP (e.g., SAP), credit bureaus/data providers (e.g., D&B, Experian), and collections platforms
Strong knowledge of U.S. GAAP, SOX controls, and international trade terms (Incoterms, letters of credit)
Excellent stakeholder management and negotiation skills; ability to influence commercial decisions
Benefits
Health insurance
401(k)
Profit sharing
Disability
Life insurance
Paid time off
Voluntary benefits
Company
Tennant Company
Tennant Company is a recognized leader of the cleaning industry.
1001-5000 employees
Funding
Current Stage
Late StageLeadership Team
Dave Huml
President & CEO
Tom Paulson
CFO
Recent News
2025-10-23
The Motley Fool
2025-09-25
Company data provided by crunchbase