Health Value Analyst jobs in Illinois

True Value Company has an immediate need for a Credit Analyst at our corporate headquarters near O'Hare Airport.

Incentive: This position is eligible to participate in the Company’s Incentive Plan. Incentive target will be 10% of your incentive eligible earnings.

Benefits True Value Company offers a competitive, total benefits package that acknowledges and rewards your contribution and performance. That's why we provide so many ways to help you be your healthiest self, physically, emotionally and financially. The benefits package include: medical, prescription drug, dental care, 401K (4% matching), holiday and paid time off, life insurance, short-term and long-term disability insurance, employee assistance program and employee discounts.

The Credit Analyst recommends and reviews credit review points for new and existing accounts; reviews established accounts to determine compliance with credit limits and payment terms; analyzes financial statements, credit reports, security documents and Letters of Credit to maximize credit extension while managing True Value Company's risk; assists customers with claims and disputes. Minimal supervised travel required

Responsibilities (May perform other duties and responsibilities, as assigned).

1. Monitors and collects outstanding debt as directed on Active/Inactive past due accounts.

2. Reviews and approves orders after verifying Customer payment status, financial position and True Value security position.

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

4. Interfaces with sales representatives, A/P department, order processing, warehouse and Customer Support on new and existing True Value stores.

5. Initiates and follow ups on Letters of Credit, collateral deposits, wire transfers, cash applications and reconciliation of funds.

6. Prepares, processes, files and maintains security documentation where required (UCC-1, UCC-3, L/C's, Collateral Deposits, etc.).

7. Performs financial statement analysis of new and existing stores to determine financial strength, credit line, security requirements, and risk analysis; consults with Regional Directors/Sales Representatives and Retail Finance Managers on analysis of operational challenges on new/existing Customers.

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

9. Processes New Customer Packages, reviewing for accuracy and completeness.

10. Contacts accounts, vendors and freight forwarders as necessary to resolve disputed invoices.

Education & Experience

· Bachelor’s Degree or equivalent work experience.

· 1-3 years of experience, preferably in Finance.

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

Licenses & Certifications: N/A

Physical Requirements (Delete those that do not apply and only keep those that apply to the role)

· Balancing, Climbing, Crouching, Hearing, Kneeling, Lifting, Pulling, Pushing, Reaching, Repetitive Motion, Seeing, Sitting, Standing, Stooping, Talking, Typing, Visual Acuity, Walking

Work Environment: Generally, works in climate-controlled office environment.

Travel: Travel may vary in length and duration.

Job Type: Full-time

Pay: $65,000.00 - $75,000.00 per year

Benefits:

• 401(k)
• 401(k) 4% Match
• Dental insurance
• Employee assistance program
• Employee discount
• Flexible schedule
• Flexible spending account
• Health insurance
• Health savings account
• Life insurance
• Paid time off
• Parental leave
• Professional development assistance
• Referral program
• Tuition reimbursement
• Vision insurance

Schedule:

• 8 hour shift
• Monday to Friday

Work Location: Hybrid remote in Chicago, IL 60631