Credit and Collections Analyst jobs in United States
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Eaton · 2 weeks ago

Credit and Collections Analyst

Eaton is a leading company in the Corporate Sector division, currently seeking a Credit and Collections Analyst. The role involves analyzing collections strategies, ensuring timely payment of receivables, and developing relationships with internal and external customers while maintaining accurate credit and collection files.

Electric Vehicle
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Responsibilities

Analyze and develop collections strategy and methodology specific to customer portfolio to optimize timely payment of receivables
Thorough review of customer contracts to proactively ensure invoicing requirements are met
Communicate with internal and external customers to ensure prompt payment of receivables
Develop strategic relationships with internal/external customers and suppliers. Provide customer service support
Negotiate customer discrepancies or disputes to resolution and document root cause
Research and reconcile customer payments
Provide financial order management support to ensure invoicing requirements are met, effect timely payment, and minimize risk of customer disputes. Raise credit exposure risks where needed
Provide credit risk analysis and recommend credit limits where needed in accordance with established limits of authority matrix. May include analysis of customer financial statements
Maintain accurate credit and collection files. Maintain electronic collection notes for each customer account
May be responsible for training new credit and collections team members and others as needed
Document root causes of issues that impact receivable aging. Report findings to management and suggest possible courses of action to remedy
Develop and implement process improvements to reduce or eliminate internal and external errors. Will need to communicate effectively with all internal and external stakeholders
Assist where needed to ensure orders are reviewed and approved in a timely fashion. Obtain approval for release in accordance with established limit of authority matrix
Support deduction resolution efforts of deduction analyst(s) assigned to portfolio
Participate in major department projects and take an active role in cross-functional teams to assist in driving quality improvements, processes, and initiatives
Abide by Robinson-Pattman Act, Fair Debt Collection Practices Act, Cannons of Business Credit Ethics, and Eaton Ethics Policy at all times

Qualification

Credit analysisCollections strategyCustomer financeAccounting principlesBusiness writingCustomer serviceStrategic thinkingInterpersonal skillsNegotiating skillsTime managementAttention to detail

Required

Bachelor's Degree from an accredited institution
Minimum three (3) years Credit, Collection, AR Receivables, Customer Finance, or Customer Service-related experience
No relocation benefit is being offered for this position. Only candidates within a 50-mile radius of Moon Township, PA will be considered. Active-Duty Military Service member candidates are exempt from the geographical area limitation
Must be able to work in the United States without corporate sponsorship now and within the future
Strategic thinking demonstrating effective evaluation and problem-solving skills
Strong business writing and professional communication skills
Strong customer focus and interpersonal skills
Ability to apply basic accounting principles in the interpretation of customer financial statements
Strong ethics, values and the ability to influence and impact others' decision making
Keen attention to detail
Ability to deal with ambiguity and make decisions under minimum supervision
Ability to develop relationships with internal and external customers
Demonstrates effective customer service skills
Negotiating skills
Ability to multitask
Strong time management and organizational skills
Up to 10% travel required

Benefits

Health and Welfare benefits
Retirement benefits
Programs that provide for paid and unpaid time away from work

Company

Eaton is an intelligent power management company dedicated to improving the quality of life and protecting the environment for people everywhere.

Funding

Current Stage
Late Stage
Total Funding
$0.6M
Key Investors
Michigan Economic Development Corporation
2023-06-22Grant· $0.6M

Leadership Team

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Craig Arnold
Chairman and CEO
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Gerard Devito
Vice President and Chief Technology Officer Eaton Vehicle Group
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Company data provided by crunchbase