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Company

Original Job Post

Process Technology · 2 days ago

Credit Analyst

Willoughby, OH

Full-time

Onsite

Mid Level

3+ years exp

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ManufacturingSemiconductor

Growth Opportunities

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Responsibilities

Complete customer payment application daily and reconcile payments discrepancies.

Analyze customer payment trends and recommend adjustment of credit terms on customer accounts.

Correspond directly with customers to investigate and collect delinquent accounts both domestic and international.

Coordinate legal requirements related to customer delinquencies and bankruptcies with internal/external leadership team.

Support the Accounts Receivable (AR) Supervisor in ensuring accurate recording of cash receipts to individual customer accounts and reconciling customer accounts to the general ledger.

Process customer invoicing and statements, review Collections Solution for strategy improvements and accuracy.

Ensure accuracy of the accounting distribution of all miscellaneous cash receipts and proper recordation in detail records.

Assist AR Supervisor with reviews, analysis, and interpretation of third-party customer financial data and independent party credit reports to assess credit risk and establish initial credit line and payment terms for new credit requests.

Adjust existing customer accounts credit line and payment terms by analyzing current trends in customer purchases, payment history, and financial risks.

Communicate to marketing and sales personnel on actions taken and solicit their counsel and assistance where necessary.

Assist AR Supervisor with override approval on open orders on credit hold and release open orders for shipment.

Make order release decisions and direct sales service department to issue debit and credit memos based on a detailed review and analysis of customer accounts when appropriate.

Assist with recommendation of uncollectable amounts for write-off and serve as back-up in the performance of AR Supervisor responsibilities.

Prepare and review monthly aging reports for both domestic and international customer accounts and other financial reports and summaries as assigned.

Maintain customer credit files including financial statements and credit reports, and assist in other finance department activities.

Qualification

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CollectionComputer skillsFinancial managementSalesMarketingMicrosoft OfficeProblem-solvingCommunicationIndependenceTeamwork

Required

Three to five years of related experience

Ability to use a computer and applications such as Microsoft Word, Excel and Outlook

Must be a self-starter and able to work both independently and with the sales and marketing team to achieve companywide goals

Must have communication skills to interact effectively with customer procurement and financial management personnel to resolve discrepancy and payment issues

Must maintain independence and courage of conviction to protect company assets and practices for credit and collection

Must be able to effectively communicate and work with Company management

Must have and maintain the prerequisite computer skills necessary to successfully complete assigned responsibilities