What are the responsibilities and job description for the Credit Analyst position at Earle M. Jorgensen Company?
Earle M. Jorgensen Company
1900 Mitchell Boulevard
Schaumburg, Illinois 60193
Position: Credit Analyst
Reports to: District Credit Manager
Classification: Non-Exempt
Productivity Requirements:
The Credit Analyst is responsible for the credit granting process, including consistent application of the company's credit policy, with the goal of expanding sales and market share while mitigating the company's exposure to bad debt. The Credit Analyst is also responsible for managing the collections of an assigned portfolio of accounts to optimize cash flow.
- This is a full time position with a typical work shift of 8 hours, 8 am - 5 pm.
- May include overtime as needed.
Qualification Requirements:
Certifications: None
Licenses: None
Education: Bachelor's Degree preferred
WPM: Not applicable
Other: Good communication and mathematical skills.
Essential Job Duties
- Investigate potential customers' credit applications to determine credit worthiness and assign credit limits within authorized levels.
- Appropriately assess risk by researching and examining credit history and reports.
- Releasing orders that meet approved credit terms.
- Approving or disapproving and maintenance of credit terms for new and existing accounts.
- Perform periodic reviews of existing customer accounts to monitor current financial status.
- Communicate and interact effectively with internal and external customers regarding credit decisions.
- Plan collection strategies and efforts for all customers.
- Resolve account differences with customers by working in partnership with other functional areas to ensure the timely issuance of credit memos, documentation support and other account adjustments as necessary and appropriate.
- Proactively inform sales members of problem orders and accounts.
- Perform regular collections on past due accounts within an assigned portfolio.
- Maintain and update relevant records, files, and information to the database.
- Prepare reports as requested.
- Complete special projects as requested.
- Other duties as assigned.
Physical Aspects
Occasionally: (1-33%) Frequently: (34-66%) Continuously: (67-100%)
Lift Carry Push/Pull
0-10 lbs. Occasionally Occasionally Occasionally
11-15 lbs. Occasionally Occasionally Occasionally
-Sitting Frequently
-Standing Occasionally
-Walking Occasionally
-Bending Occasionally
-Reaching Occasionally
-Talking Occasionally
-Hearing Continuously
-Near Acuity Continuously
Job Duties potentially expose worker to the following elements
INSIDE Continuously OUTSIDE Occasionally
Tools and Equipment Utilized
- Computer
- Telephone
- Fax machine
- Keyboard
- Scanner
- Printer
- Copy Machine
- Stapler
- 10-Key
- Pens/Pencil
Job Type: Full-time
Work Location: One location
