Senior Manager - Corporate Development & Credit (Treasury)

We are currently looking for a Senior Manager - Corporate Development & Credit (Treasury) to join our team onsite in Holland, MI.

As a Senior Manager - Corporate Development & Credit, you will:
Manage acquisition and other corporate development projects as assigned including responsibility for developing preliminary valuations, target research, due diligence oversight, transaction document preparation, and post transaction implementation. Provides comprehensive analysis to support assessment and valuation of new business opportunities. Identifies innovative assessment strategies and frameworks to build corporate development recommendations.

Oversees credit procedures/policies for North America through development and administration of credit management programs. Serves as key point of contact with customer/dealer community to resolve critical credit issues that arise. Maintains favorable rapport with customers/dealers to balance credit loss prevention with sales activities. Also responsible for activities of Haworth Financial Services ("HFS") through collaborative dealer engagements, applied financial analysis, and loan portfolio administration.

Education:

• Bachelor's degree in Finance or other relevant field.
• Education Equivalency:
  
  
  
  • Associate's degree in Finance or other related field, plus 2 years of working experience in corporate finance, commercial banking, acquisition and transaction management, private equity, credit and/or accounting.
  • 4 years of working experience in corporate finance, commercial banking, acquisition and transaction management, private equity, credit and/or accounting, if no post-secondary education.
  • Military Equivalency at www.mynextmove.org/vets/find/military
  
  
  
  

Experience

• 7 years of working experience in corporate finance, commercial banking, acquisition and transaction management, private equity, credit and/or accounting with a Bachelor's degree.
• 5 years of working experience in corporate finance, commercial banking, acquisition and transaction management, private equity, credit and/or accounting with a Master's degree.
  
  

In addition:

• Current and continuing right to work in the United States without sponsorship.
• Willing and able to travel up to 25 percent of the time domestically, including international as needed.
• Ability to work onsite in Holland, MI without relocation assistance.

• Master's degree in Business Administration (MBA).
• 3 years of supervisory experience.
• Prior experience managing M&A transactions or investment banking background.
• Experience in credit, lending, or commercial banking background.
• Experience with corporate valuation, credit underwriting and/or financial modeling.

To include the following but are not limited to:

M&A

• Supports identification, research, and strategic/financial/product analysis of business development opportunities (i.e., acquisitions, mergers, joint ventures) to support corporation's global strategies and growth objectives.
• Utilizes applied valuation methods and other financial and accounting techniques to determine firm value and develop pro-forma financial forecasts.
• Plan, assemble team, and lead the due diligence review process for acquisition and business development projects, ensuring compliance with legal requirements.
• Coordinates preparation of legal documents as required to support transactions.
• Leads in the creation of transaction synergies in partnership with cross functional product and operational teams to ensure areas of synergy are identified and tracked for execution post transaction.
  

Credit / HFS

• Formulates sound and constructive policies and procedures and applies adequate controls to measure and regulate credit administration and collections with the goal of maximizing overall profitability of the Company.
• Manages activities of Credit team ensuring all extensions of credit are granted in accordance with established credit procedures; collections minimize Days Sales Outstanding (DSO), reduce delinquency, and control bad debt losses; disputes and deductions are resolved expeditiously; and security arrangements are made for orders in excess of risk tolerances.
• Interacts with customer/dealer principals to manage and attempt to resolve credit situations that arise; manages all activities related to accounts placed for collection, in suit, or involved in bankruptcy proceedings to protect Haworth's interests and maximize bad debt recovery.
• Performs ongoing analysis in terms of financial performance and covenant compliance for HFS borrowers to monitor changes in corporation's portfolio risk. Recommends strategies to mitigate or minimize risk of loss to Haworth.
• Leads quarterly HFS Executive Committee to review loan portfolio and provide credit status updates; recommends actions to Committee and follows through on decisions of Committee.

• Lead end-to-end mergers and acquisitions activities, including financial analysis, valuation modeling, due diligence, negotiation support, and coordination with legal counsel to execute complex acquisition transactions.
• Direct cross-functional due diligence efforts, leading internal teams (often senior leaders) to identify risks, evaluate key issues, and surface critical findings and recommendations for executive decision-making.
• Oversee and manage the corporate credit function, including establishing underwriting standards, reviewing and approving financial analyses and credit decisions, and ensuring consistent application of risk management practices.
• Develop and implement financial strategies to mitigate risk across dealer, supplier, and lending portfolios, including distressed situations requiring advanced understanding of financial structures, legal protections, and credit instruments.
• Lead complex financial modeling and analysis to support acquisitions, dealer transitions, supplier financing, and other strategic initiatives, providing insights that inform executive-level decisions.
• Manage relationships and negotiations with external stakeholders, including dealers, suppliers, financial institutions, and legal counsel, often representing Haworth independently in high-stakes financial and operational discussions.
• Drive development of tools, automation, and analytics capabilities to enhance financial evaluation processes, improve efficiency, and strengthen decision-making across credit and M&A activities.
• Provide leadership and development for direct and indirect teams, including coaching the credit function, building team capability in financial analysis and underwriting, and ensuring alignment with enterprise standards and expectations.
• Must be able to perform all essential job functions with/without accommodation.
• Uses office automation, communication, software, and tools used in Haworth office environment.
• Performs other duties within scope as assigned.

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