Credit Analyst Jobs

POSITION OVERVIEW:
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.
MAJOR FUNCTIONS:
1. Investigate potential customers’ credit applications to determine credit worthiness and assign credit limits within authorized levels.
2. Perform periodic reviews of existing customer accounts to monitor current financial status.
3. Communicate and interact effectively with internal and external customers regarding credit decisions.
4. Plan collection strategies and efforts for all customers.
5. 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.
6. Perform regular collections on past due accounts within an assigned portfolio.
7. Prepare reports as requested.
8. Complete special projects as requested.
9. Other duties as assigned.
In order to fulfill the duties of this position, the incumbent must possess:
A minimum of five years of progressive, successful credit / collections experience
Working knowledge of credit and commercial collection laws
Strong computer skills - Excel, Outlook, Word and system queries
Bachelors Degree in Finance, Accounting or Business Management is preferred
Experience in the Material Handling or Construction Equipment industry is a plus
Ideal candidate must enjoy working in a hands-on, fast paced environment and be able to thrive under pressure.