Credit/collections Analyst - Chicago, United States - Banner Solutions

Banner Solutions
Banner Solutions
Verified Company
Chicago, United States

10 hours ago

Mark Lane

Posted by:

Mark Lane

beBee recruiter
Description

The Credit Analyst is responsible for evaluating credit worthiness of customers, and monitoring and coordinating credit activities for the organization.


  • Assesses the creditworthiness of potential customers, including establishing payment terms and credit limits; handles special credit arrangements and deviations from standard terms of payment.
  • Analyzes credit data and financial statements of individuals or businesses to identify the degree of risk involved in lending money or extending credit.
  • Evaluate customer records and recommend payment plans based on earnings, savings data, payment history, and purchase activity. Assist with investigation of discrepancies.
  • Establishes and maintains customer credit files and/or database; continually reviews customers' credit histories and adjusts customer credit limits and terms as necessary.
  • Reviews collections reports to ascertain status of collections and outstanding balances and to evaluate effectiveness of current collection policies and procedures.
  • Audits delinquent accounts to ensure maximum efforts have been taken before assigning bad debt status to account.
  • Assists with the establishment and implementation of credit policy; recommends adjustments as needed.
  • Ensure timely account setup.
  • Ensure liens are in place were appropriate.
  • Uses computer software to evaluate customers financial status and produce financial ratios.
  • Resolves customer complaints and verifies transactions through consultation.
Other duties as assigned.


Qualifications:

  • Accounting degree or equivalent, or two to four years related experience, or equivalent combination of education and experience
  • Excellent written and verbal communication skills
  • Proficient in Microsoft Office Suite
  • Epicor or other ERP experience a plus
  • Strong organizational, problemsolving, and analytical skills
  • Acute attention to detail
  • Strong interpersonal and customer service skills
  • Good judgement with the ability to make timely and sound decisions
  • Working knowledge of data collection, data analysis, evaluation, and scientific method
Versatility, flexibility, and a willingness to work within constantly changing priorities with enthusiasm


Benefits:


  • 401(k)
  • Dental insurance
  • Health insurance
  • Life insurance
  • Paid time off
  • Vision insurance

Weekly day range:

  • Monday to Friday

Work setting:

  • Hybrid work
  • Office

Experience:


  • Accounts receivable: 2 years (required)
Credit Analysis: 2 years (required)

Work Location:
Hybrid remote in Chicago, IL 60654
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