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Do it Best · 1 day ago

Credit Analyst

Fort Wayne, IN

Full-time

Onsite

Entry Level

1+ years exp

Do it Best Group is the world's largest hardware, lumber, and building materials buying cooperative in the home improvement industry. They are seeking a Credit Analyst to recommend and review credit points for accounts, analyze financial statements, and assist customers with claims and disputes.

Wholesale

Responsibilities

Monitor and collect outstanding debt as directed on Active/Inactive past due accounts

Review and approve orders after verifying Customer payment status, financial position and True Value security position

Maintain existing portfolio of account files with current financial information, business credit reports, and personal credit bureau reports

Interface with sales reps, A/P department, order processing, warehouse and Customer Support on new and existing True Value stores

Initiate and follow up on Letters of Credit, collateral deposits, wire transfers, cash applications and reconciliation of funds

Prepare, process, file and maintain security documentation where required (UCC-1, UCC-3, L/C's, Collateral Deposits, etc.)

Perform financial statement analysis of new and existing stores to determine financial strength, credit line, security requirements, and risk analysis; consulting with Regional Directors/Retail Consultants and Retail Finance Manager on analysis of operational challenges on new/existing Customers

Responsible for performing customer account reconciliation to include the identification of account statement items and communicating the status of open items to members, etc

Process New Customer Packages, reviewing for accuracy and completeness

Contact accounts, vendors and freight forwarders as necessary to resolve disputed invoices

Qualification

Financial statement analysisCredit risk managementMS OfficeCustomer account reconciliationCommunication skills

Required

Bachelor's Degree or equivalent work experience

1-3 years of experience, preferably in Finance

Intermediate knowledge of MS Office (Word, Excel and PowerPoint)

Benefits

Full insurance benefits package including Medical, Dental, & Vision

Paid time off to foster work/life balance

Profit sharing

Bonus Pay opportunities

Retirement funding opportunities

Education reimbursement

Health club reimbursement

Career advancement opportunities

Company

Do it Best

Based in Fort Wayne, Ind., we are the only U.S.-based, member-owned, comprehensive and fully integrated hardware, lumber and building materials buying cooperative in the home improvement industry.

Founded in 1945

Fort Wayne, Indiana, USA

1001-5000 employees