“I Am CMA,” by Tracy Rosenbach, CCE

I am CMA, by Tracy Rosenbach of Silgan Containers
I am CMA, by Tracy Rosenbach of Silgan Containers

“Being a member of CMA has been a great experience for me. I look to the Association for education and networking opportunities. The webinars offered are such a wonderful example of efficiency. There is minimal outlay of resources for maximum benefit. I also attended a one-day session on international credit lead by Eddy Sumar which was fantastic. Attending the Western Region Credit Conference for years has been yet another wonderful education and networking opportunity. I firmly believe that knowledge is the key and it is what keeps us ahead in our profession.

In addition to CMA, our national credit organization (NACM) supports our quest for education in many ways including through the professional designation program. I am a big believer in education as one can tell so that is why I worked toward each professional designation (CBA, CBF & CCE) and finally achieved the CCE designation after several years. Earning the CCE designation was a valuable and useful experience that I reference in my career every day.

Networking is also very important for us as credit managers. CMA provides many opportunities for us to connect and reconnect with one another. Sharing our experiences at venues such as the CMA Annual Meeting or an Industry Credit Group meeting is truly invaluable as a credit professional. CMA provides other services for the credit manager as well. One of the most important things that CMA provides is a staff that cares and supports the credit professionals in our area.”

Tracy Rosenbach, CCE
Silgan Containers LLC
CMA member since 1995

 

“I Am CMA” is a Membership Committee driven initiative to allow members to share the most valuable aspects of their membership with CMA members. The monthly series explores CMA’s different programs and services and how they have helped members. With a full range of business credit services from Industry Credit Groups to credit reporting to construction forms filing services to collections to business insolvency, we hope the series will inspire you to utilize CMA more to help provide information to reduce your company’s overall risk.

For more information on the blogs, or to be featured, contact CMA Communications Manager Alan Dicker at 323-573-0840 or adicker@emailcma.org.

CMA Congratulates Recent NACM-Certified Professionals

The NACM professional certification program, sponsored by the National Association of Credit Management, has helped define and establish professional standards in this demanding and rapidly changing field, and fosters recognition of those individuals who possess special expertise. Among credit management professionals, the professional certification program is respected and appreciated. Not only is participation in the program a mark of distinction throughout the profession, but it offers expanded knowledge of the credit profession, better career opportunities, heightened professional recognition, and demonstration of standards of professional excellence.

Congratulations to the following Designees who passed their NACM-Certified Professional Certification exam in November.

• Diane Lukens, Village Nurseries (CBA)
• Trevor Kuramata, Reliance Steel and Aluminum Co. (CBA)
• Jonathan Chandler, Western Oilfields Supply Co. (CBA)
• Paul Wikoff, Wilbur-Ellis (CCE)

For those who are interested in obtaining their certifications, a free informational webinar explaining the benefits of the designation program is available on demand under the education tab at www.CreditManagementAssociation.org. CMA has scheduled its Winter courses for the Credit Business Associate (CBA) program, which can also be accessed via the education tab.

For more information on how to achieve your Designations, please contact Lisa Wong, Member Representative Associate at (951) 672-0581, or lwong@emailcma.org.

Again, congratulations to these members for their achievements!

CMA Chairman’s Blog: Why I Chose to Pursue Professional Credit Certification, by Michael W. Fenner, CBA

Michael Fenner, CMA Chairman of the Board of Directors
Michael Fenner, CMA Chairman of the Board of Directors

Are you looking for a way to be more successful and become more knowledgeable? Have you ever thought about making yourself more valuable at your current job or expand your career opportunities? Would you like to have a level of respect among your colleagues? How about being the best you can be at your current position? For me, my CBA designation helped with all of the above.

First, let’s take a look at the different professional credit certification levels:

The National Association of Credit Management’s (NACM) levels of certification are as follows:

  • Certified Credit and Risk Analyst (CCRA) – For analysis and interpretation of financial statements.
  • Credit Business Associate (CBA) – This includes three credit courses basic financial accounting, business credit principles and introduction to financial statement analysis.
  • Credit Business Fellow (CBF) – The lessons include business law and credit law.
  • Certified Credit Executive (CCE) – You must be proficient at accounting, finance, domestic and international credit concepts, management and law.

Once I made the decision to get my designation, everything else fell into place. Some of my questions were: Where can I get more information? Should I do the classes online or should I do them in a classroom setting? How much does it cost and where do I apply?

I chose to take all my courses in a class room setting and do the Credit Administration Program (CAP). I then networked and studied with a friend. My CBA designation has given me tremendous confidence to do my job and more credibility to my position and credit department.

We all want to grow and continually improve our abilities. The program is definitely worth it and I would highly recommend it.

I won’t be able to answer all of your questions in this blog so make sure you head over to the NACM website for complete information. CMA will be offering the CBA program again in the Fall. Stay tuned to CreditManagementAssociation.org as dates will be released soon.

As we all know, there are no degrees in the credit field, so a professional credit certification is definitely the way to go. Team up with some of your colleagues and learn together. Have fun with it! Let me know your thoughts. I’d love to hear your feedback.

Michael W. Fenner, CBA, is the Credit Management Association Chairman and Regional Credit Manager for Beacon Roofing Supply. He can be reached at 714-321-8187, or mfenner@becn.com.