Accounting and Credit Analyst

Duties and Responsibilities

• Post and apply customer payments
  • Wires
  • Credit Card
  • ACH / eCheck
  • Lockbox (checks)
• Deposit customer checks and cash payments into the bank daily.
• Reconcile AR journal entries with the bank statements.
• Resolve customer account questions related to:
• Finance charges
• Match requests
• Payment research
• Provide excellent customer service to all customers.
• Credit Assessment: Evaluate the creditworthiness of individuals or businesses by analyzing credit reports (Dun & Bradstreet), financial documents, vendor and bank references, personal guarantees, etc.
• Credit Policy Adherence: Ensure compliance with company credit policies and guidelines while making recommendations for credit limits and terms.
• Relationship Management: Collaborate with sales teams and customer service to understand customer needs and negotiate credit terms that balance risk and business objectives.
• Making Recommendations: Monitor the financial performance and credit status of existing customers, identifying potential risks or opportunities for adjustments in credit terms.
• Special Outreach: Commit time to special outreach efforts to past-due customers, adhering to an escalation plan that puts pressure on customers to make payments.
• Tools Usage: Use various Collections tools to your advantage (e.g. Account Holds, Service Charges, Payment Plans) and recommend any improvement to processes for favorable changes in Days Sales Outstanding KPI.
• A/P Processing: Ensure timely and accurate processing of vendor invoices.
• Vendor Applications: Complete vendor credit applications.
• Support: Assist in month end closing processes.
• Year End Audit Support: Help provide support for year-end audit.

Qualifications

• Education: High School Diploma, Bachelor’s Degree strongly preferred
• Skills: Proficient in Microsoft Office (Excel and Outlook), Experience with ERP systems (e.g. Business Central, Netsuite)
• Characteristics: Team player who prioritizes the success of the Group, in addition to oneself; Attention to detail and accuracy; Excellent organizational skills; Excellent written and verbal communication skills – comfortable on the phone; Self-motivated and persistent; Ability to meet deadlines / time management.