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Hankook Tire America Corp. · 4 hours ago

Credit Analyst

Nashville, TN

Full-time

Onsite

Mid Level

4+ years exp

Hankook Tire & Technology is a global leader in high-performance tire manufacturing, seeking a Credit Analyst to assist the Credit Manager in managing credit operations for B2B customers. The role involves daily credit hold releases, managing accounts receivable, and performing financial analysis to determine credit lines.

Automotive

Responsibilities

Daily credit hold releases and approvals based on company established guidelines – within credit line and not beyond terms

Managing their section of the A/R portfolio with respect to credit, collections, and customer interaction for the TBR, PCLT and Corporate account teams

Collection duties to include email, phone calls and customer visits

Extension of credit lines based on company policy, review financial statements and input into Credit Management Suite (CMS)

Credit extension criteria based on risk analysis and coverage by outside third party – Coface, Wells Fargo, and CIT. Coordinate credit granting activities with outside credit granting agencies to include factors, credit insurance, banks and government agencies

Monthly meetings with Sales Manager and DM’s regarding PCLT accounts to discuss status of account, past due balances and resolution of chargeback and deductions

Preparing, editing and refining Aging, Past Due, Credit Extension and other reports for Senior Management

Filling of UCC1 and Security Agreement as directed and Credit Manager(s)

Travel up to 5% (where applicable)

Independent review of customer’s orders to release credit holds based on specific guidelines (within the credit limit and not past due)

Determination as to whether or not to release orders without immediate consultation with management based on parameters outlined using his/her sole discretion

Responsible for credit hold releases and any over-the-line or past due balances as result of releasing orders outside of given credit policies and procedures

Processing of AVB, Haiss, CDTP, Pricing and other credits as deemed necessary to effectuate the Order-to-Cash (OTC) processes

Working in the Credit Management Suite (CMS) platform which was setup to analyze customer’s financials including balance sheet, income statement and statement of cash flows

Inputting and analyzing balance sheet, income statement, statement of cash flows along with D&B and NACM reports into CMS

In-depth credit analysis and reporting of all In-House credit lines based on updated financials, sales trending and customer profitability

Financial analysis based on liquidity, asset management, debt management and profitability

Increase proficiency in reading/interpreting financial statements to determine credit lines and customer trending

Run and analyze NACM (National Association of Credit Manager’s) reports and other manufacturers trade reporting

Research & resolve customer payment discrepancies to include deductions for shortage, returns, cash discount and other

Work with D & B and other credit reporting agencies to determine customer viability and potential

Integrate sales forecasting and trending into customer credit line determination

Qualification

Credit analysisFinancial statement analysisB2B credit experienceMicrosoft ExcelSAPERP knowledgeCustomer service skillsVerbalDetail orientedTeamworkWritten communication