Credit & Collections Analyst

LHH
Villa Park, IL Full Time
POSTED ON 10/7/2024 CLOSED ON 11/6/2024

What are the responsibilities and job description for the Credit & Collections Analyst position at LHH?

Position Overview: The Credit & Collections Analyst will be responsible for managing and optimizing the credit and collections process for our customer accounts. This role involves handling credit applications, collections activities, and waivers process. The ideal candidate will have experience in Supply Chain, or Construction and possess strong organizational and communication skills.

Key Responsibilities:

  • Assist in the credit application process for new and existing customers. Pulling D&B reports, credit references, and other pertinent information needed for credit evaluations
  • Review and monitor credit accounts
  • Manage and oversee the collections process, including contacting customers for overdue payments and negotiating repayment plans
  • Conduct follow-ups on outstanding invoices, addressing and resolving any payment disputes or issues
  • Maintain accurate records of collections activities and account interactions
  • Prepare and file legal liens as needed to secure payment in accordance with state and federal regulations
  • Ensure all lien documentation is accurate and timely filed to protect the company’s financial interests
  • Assist in lien release processes upon receipt of payment or settlement
  • Issue and manage partial and final waivers of lien, ensuring compliance with contractual agreements and legal requirements
  • Verify and confirm receipt of waivers and maintain records of all waiver transactions
  • Generate and analyze reports on accounts receivable, aging accounts, and collection performance
  • Build and maintain positive relationships with customers, addressing any credit or payment issues professionally and effectively

Qualifications:

  • Minimum of 2 years of experience in credit and collections
  • Bachelor’s degree in Finance, Accounting, Business Administration, or a related field preferred but NOT REQUIRED
  • Understanding of credit management, collections processes, and a true interest to learn and grow is important to us
  • High level of accuracy in managing financial records, documentation, and legal filings
  • Excellent verbal and written communication skills
  • Strong organizational and time-management skills with the ability to handle multiple tasks and priorities
  • We are looking for someone very professional, smart, who takes initiative

Benefits Upon Joining!

  • Health, vision and dental plans through Blue Cross Blue Shield
  • Small company environment with lots of visibility and exposure
  • Fast growing company with room for advancement
  • Company sponsored 4% match on 401K investments
  • Generous PTO plans starting at 14 days, 4 of which can rollover
  • Flex spending accounts
  • Discretionary bonus
  • Casual dress code and more!

Pay Details: $50,000.00 to $60,000.00 per year

Search managed by: Jennifer Kizorek

Equal Opportunity Employer/Veterans/Disabled

To read our Candidate Privacy Information Statement, which explains how we will use your information, please navigate to https://www.lhh.com/us/en/candidate-privacy

The Company will consider qualified applicants with arrest and conviction records in accordance with federal, state, and local laws and/or security clearance requirements, including, as applicable:

  • The California Fair Chance Act
  • Los Angeles City Fair Chance Ordinance
  • Los Angeles County Fair Chance Ordinance for Employers
  • San Francisco Fair Chance Ordinance

Salary : $50,000 - $60,000

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