Credit & Collections Analyst jobs in United States
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Allegion · 1 month ago

Credit & Collections Analyst

Allegion is a global leader in security solutions, recognized for its commitment to safety and innovation. The Credit & Collections Analyst will manage an accounts receivable portfolio, build customer relationships, and optimize collections while embracing change in a dynamic environment.

ElectronicsManufacturingProduct DesignSecurity
badNo H1Bnote

Responsibilities

Must be able to prioritize work to achieve or exceed stated collection metrics
Responsible for using available collection software tools to assist in executing effective strategies and initiatives to achieve continuous receivable delinquency improvement that contributes to a lower DSO
Ensures timely and accurate responses to customer inquiries, questions, documentation issues, billing errors, payment application errors, disputes, program changes, new sale requests and opportunities
Proactively contact customers concerning collections of past due receivables
Provide phone support by handling incoming calls from sales offices and customers on a variety of items
Responsible for developing and maintaining business relationships with customers (contractors and owners) and Sales Office personnel
Monitors assigned portfolio to mitigate loss exposure by ensuring each assigned customer is in full compliance with their approved program. Recommends changes to the existing program where warranted; exceptions are corrected and/or brought to the attention of Management. Prepares and recommends over line approval requests
Responsible for account reconciliation and identifying and tagging disputed items within assigned portfolio. Tracking and ensuring timely clearing of these disputed items is required
Initiates and maintains follow-up to ensure all operating and action conditions placed on approved credit files are completed within established time frames
Compiles all information necessary to comply with and complete reporting in a timely and efficient manner
Follows up on legal documentation required for a given customer account
Manage risk management for accounts & projects within a given level of authority once training is completed
Complete waivers of lien as required to obtain payment from customer
Running Credit reports and calling for credit references as needed
Maintains open communication and good working relationships with Manager and fellow teammates to ensure fulfillment of the Credit goals and objectives
As required, perform all other related functions & projects as assigned
Make decisions to hold & release orders based on credit line exposures and risk determination
Create workout plans for financially distressed customers that mitigate loss exposure to Allegion

Qualification

Accounts receivable managementRisk analysisCredit decision makingFinancial statement analysisCollection software toolsCustomer servicePC literacyInterpersonal skillsNegotiation skillsDetail oriented

Required

2 - 5 years of related experience required
Must possess excellent interpersonal skills with the ability to interact and build relationships with team personnel, sales representatives, commercial offices, plants, and customers
Must exhibit a solid professional business image with a team player attitude
Ability to negotiate and effectively communicate judgment decisions required
Excellent written and oral communication skills required
Must be detail oriented and organized
PC literacy required

Preferred

BS/BA in Finance, Accounting, or other Business degree preferred. Equivalent work experience would be a possible alternative
Strong customer service and general office experience preferred
Related work experiences with risk analysis and receivable collection a plus

Benefits

Health, dental and vision insurance coverage, helping you “be safe, be healthy”
Unlimited Paid Time Off
A commitment to your future with a 401K plan, which currently offers a 6% company match and no vesting period
Health Savings Accounts – Tax-advantaged savings account used for healthcare expenses
Flexible Spending Accounts – Tax-advantaged spending accounts for healthcare and/or dependent daycare expenses
Disability Insurance –Short-Term and Long-Term coverage, paid for by Allegion, provides income replacement for illness or injury
Life Insurance – Term life coverage with the option to purchase supplemental coverage
Tuition Reimbursement
Voluntary Wellness Program – Simply complete wellness activities and earn up to $2,000 in rewards
Employee Discounts through Perks at Work
Community involvement and opportunities to give back so you can “serve others, not yourself”
Opportunities to leverage your unique strengths through CliftonStrengths assessment & coaching

Company

Allegion

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Allegion provides mechanical and electronic security products for residential, commercial, and institutional environments.

Funding

Current Stage
Public Company
Total Funding
$1B
2024-05-21Post Ipo Debt· $400M
2022-06-07Post Ipo Debt· $600M
2013-11-29IPO

Leadership Team

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Rob Martens
Senior Vice President, Chief Innovation & Design Officer, Corporate Development
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Greg Katai
VP Sales and Marketing at Yonomi
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Company data provided by crunchbase