Credit Analyst

Description

· Collects receivables by verifying information and amounts; and, identifying insufficient payments and delinquent accounts. 

· Supports Customer Service by reviewing customer’s credit history, credit limits, and order amounts; and approving the extension     

  or denial of credit within the company’s defined credit policy; updates records; informs customers of credit hold and arranges 

  payment in line with company policy. 

· Helps ensure adequate bad debt insurance coverage by monitoring sales expansion, collection attempts, unpaid debts, and 

  financial intelligence; compiling information and generating reports. 

· Collects delinquent customer account balances by reviewing trial balance, developing priorities, and taking appropriate faction 

  such as generating past due invoices, making collection calls, mailing statement and dunning letters; referring delinquent 

  accounts to collection agency; negotiating payment arrangements to avoid write-off or collection fees; and, adhering to 

  established credit department policies and procedures; recommends writing-off uncollectible debt and makes accounting entry.

· Prepares customer reports, statements, analysis, and statistical data by gathering and summarizing information.

· Maintain department flow by providing appropriate back up as needed.

· Assist the finance department to accomplish corporate and departmental goals by performing special assignments.

· Protect integrity of company information by keeping financial data confidential.

Requirements

· Bachelor’s degree in finance, accounting or other business-related field or equivalent work experience. 

· Previous experience in business-to-business credit experience is preferred.

· Proficient in Microsoft Office (Word, Excel, Outlook) and ERP system use; ability to leverage technology to improve own efficiency. 

· Outstanding communication and interpersonal skills; ability to handle sensitive and complicated interactions with diplomacy, tact, 

  and determination.

· Excellent organizational and time management skills. 

· Strong attention to detail.

· Solid understanding of credit terms, leverage ratios, financial statements, and general accounting terms.