- Complete customer payment application daily, reconcile payments discrepancies.
- Analyze customer payment trends and recommend to AR Supervisor adjustment of credit terms on customer accounts.
- Corresponds directly with customer, to investigate and collect delinquent accounts both domestic and international.
- Coordinates legal requirements with internal/external leadership team related to customer delinquencies and bankruptcies.
- Supports the AR Supervisor, ensuring accurate recording of cash receipts to individual customer accounts and reconciles customer accounts to general ledger.
- Process customer invoicing and statements, review Collections Solution for strategy improvements and accuracy.
- Ensures accuracy of the accounting distribution of all miscellaneous cash receipts and proper recordation in detail records
- Assist AR Supervisor with reviews, analysis and interpretation of third-party customer financial data and independent party credit reports to assess credit risk and establish initial credit line and payment terms for new credit requests.
- Adjust existing customer accounts credit line and payment terms by analyzing current trends in customer purchases, payment history, and financial risks.
- Communicates to marketing and sales personnel on actions taken and solicits their counsel and assistance where necessary.
- Assist AR Supervisor with override approval on open orders on credit hold and releases open orders for shipment. Makes order release decisions.
- Directs sales service department to issue debit and credit memos based on detail review and analysis of customer accounts when appropriate.
- Assist with recommendation of uncollectable amounts for write-off.
- Serve as back-up in performance of AR Supervisor responsibilities.
- Prepares and reviews monthly aging reports for both domestic and international customer accounts and other financial reports and summaries as assigned.
- Maintains customer credit files including financial statements and credit reports.
- Although not directly related to credit and collections, assist other finance department activities.
- Three to five years of related experience
- Ability to use a computer and applications such as Microsoft Word, Excel and Outlook.
- Must be a self-starter and able to work both independently and with the sales and marketing team to achieve companywide goals.
- Must have communication skills to interact effectively with customer procurement and financial management personnel to resolve discrepancy and payment issues.
- Must maintain independence and courage of conviction to protect company assets and practices for credit and collection.
- Must be able to effectively communicate and work with Company management.
- Must have and maintain the prerequisite computer skills necessary to successfully complete assigned responsibilities.
-
Credit Analyst
3 days ago
Process Technology Willoughby, United StatesProcess Technology is a global leader designing and manufacturing cutting edge thermal and power conversion equipment that make tomorrow's products possible. Our company is a global sales organization with facilities based in Mentor and Willoughby, Ohio; Amery, Wisconsin; and Mon ...
-
Credit Analyst
3 weeks ago
Process Technology Willoughby, United StatesProcess Technology is a global leader designing and manufacturing cutting edge thermal and power conversion equipment that make tomorrow's products possible. Our company is a global sales organization with facilities based in Mentor and Willoughby, Ohio as well as locations in Wi ...
-
Credit Analyst
3 days ago
Process Technology Willoughby, United States· Reporting to the Accounts Receivable Supervisor, the Credit Analyst is responsible for the analyzing of credit risk, development and execution of policies and procedures for valuations of credit for third-party customers both domestic and international; Perform credit and coll ...
-
Credit Analyst
1 week ago
Process Technology Willoughby, United StatesProcess Technology is a global leader designing and manufacturing cutting edge thermal and power conversion equipment that make tomorrow's products possible. Our company is a global sales organization with facilities based in Mentor and Willoughby, Ohio as well as locations in Wi ...
-
Credit Analyst
3 weeks ago
Key Bank Cleveland, United StatesLocation: · 4910 Tiedeman Road - Brooklyn, Ohio 44144 · ABOUT THE JOB (JOB BRIEF) · Credit Analysts need to have strong finance and banking knowledge, as well as quantitative abilities. They are responsible for gathering, analyzing, and interpreting all types of credit informa ...
-
Credit Analyst
1 week ago
Preformed Line Products Cleveland, United StatesJob Description · Job DescriptionThe Credit Analyst will assist the Credit Manager with development and execution of policies and procedures for valuation of credit for third-party customers (domestic and international) credit and collection activities for PLP USA. Apply cash pay ...
-
Credit Analyst
3 weeks ago
Paychex Beachwood, United StatesOverview: · Manage entire underwriting process from initial receipt of application until first funding and manage periodic underwriting review of existing customers. · Responsibilities: · Advance Partners is an entrepreneurial and rapidly growing specialty finance and business ...
-
Credit Analyst II
3 weeks ago
Fifth Third Cleveland, United StatesMake banking a Fifth Third better · We connect great people to great opportunities. Are you ready to take the next step? Discover a career in banking at Fifth Third Bank. · GENERAL FUNCTION: · The Credit Analyst II is primarily responsible for partnering with Portfolio Manager ...
-
Credit Analyst II
1 week ago
Fifth Third Cleveland, United StatesMake banking a Fifth Third better · We connect great people to great opportunities. Are you ready to take the next step? Discover a career in banking at Fifth Third Bank. · GENERAL FUNCTION: · The Credit Analyst II is primarily responsible for partnering with Portfolio Manager ...
-
Credit & Accounts Receivable Analyst
1 week ago
Prysmian Group Highland Heights, United States Full timeOverview:Prysmian Group is seeking a Credit Specialist who will work to minimize bad debt risk while maximizing accounts receivable collections. This role will also work to ensure payment terms are adhered to within assigned portfolio of accounts and review A/R aging reports to d ...
-
Credit & Accounts Receivable Analyst
3 weeks ago
REAL ALLOY Beachwood, United StatesOverview: · REAL ALLOY is the market leader in third-party aluminum recycling and specification alloy production. Headquartered in Cleveland, Ohio, we have 17 plants strategically located across the United States, Mexico, and Canada. We convert aluminum scrap and by-products int ...
-
Credit collections Analyst I
1 week ago
HEXPOL AB Burton, United StatesPLEASE NOTE: THIS POSITION WILL BE 100% ONSITE (BURTON, OHIO) FOR THE FORESEEABLE FUTURE. · Position: Credit and Collections Analyst I · Department: Finance · Position Reports to: Credit and Collections Manager · FLSA Status: Salary, Exempt · Location: Hybrid · Position Summary · ...
-
Senior Credit Risk Analyst
1 week ago
KeyBank NA Cleveland, United StatesLocation: · 1301 Avenue of the Americas - New York, New York 10019 · JOB BRIEF · The Senior Credit Risk Analyst performs functions in support of Key Merchant Services and Integrated Payments ISO and Payment Facilitator program. Responsibilities include merchant onboarding and on ...
-
Sr Financial Analyst
1 week ago
Zortech Solutions Euclid, United StatesJob Description · Job DescriptionJob Designation · The Senior Financial Analyst will develop, prepare, evaluate, and analyze the complex financial analysis studies in an accurate and timely manner using financial analysis principles; company financial practices plus policies, to ...
-
Coordinator, Financial Services
1 week ago
Northern Kentucky University Highland Heights, United States Full timeWorking Title Coordinator, Financial Services · Department Comptroller - General Accounting · Compensation Title Coordinator · Position Number · Position Status Regular · Work Schedule · Monday through Friday 8:15 a.m. – 4:30 p.m. · Hours per Week 37.5 · Months per Year 12 · Com ...
-
Credit and Collections
1 week ago
The Adecco Group Burton, United StatesAdecco has an immediate opening for a Credit and Collections Analyst in Burton, Ohio Starting pay is $25.00 to $30.00 an hour depending on experience Position Summary: To provide administrative and analytical support to the Finance Department. To pro Collections, Credit, Accounts ...
-
Credit Representative I
3 weeks ago
Paychex Beachwood, United StatesOverview: · Responsible for credit reporting and administrative functions. · Responsibilities: · Advance Partners is an entrepreneurial and rapidly growing specialty finance and business services company. Advance provides payroll funding, working capital, back office support a ...
-
Credit Representative I
2 weeks ago
Paychex Highland Hills, United StatesOverview · Responsible for credit reporting and administrative functions. · Responsibilities · Advance Partners is an entrepreneurial and rapidly growing specialty finance and business services company. Advance provides payroll funding, working capital, back office support and ...
-
Senior Business
3 weeks ago
Fidelity TalentSource LLC Westlake, United States· Job Description: · The Role · Enterprise Cybersecurity (ECS) is seeking a Product Analyst to join our Product Analyst Chapter. Enterprise Cybersecurity is responsible for protecting Fidelity from external and internal threats against our infrastructure, data, and systems. We a ...
-
Financial Analyst, M&A Financial Advisory
3 weeks ago
MarshBerry Beachwood, United StatesMarshBerry is growingWe have a people first, fast paced, collaborative culture with plenty of opportunity for growth. MarshBerry has been successful in achieving growth objectives because the trust our clients place in our talented team of professionals, and all MarshBerry collea ...
Credit Analyst - Willoughby, United States - Process Technology
Description
Process Technology is a global leader designing and manufacturing cutting edge thermal and power conversion equipment that make tomorrows products possible. Our company is a global sales organization with facilities based in Mentor and Willoughby, Ohio as well as locations in Wisconsin, Mexico, and India. We are a tight-knit team that thrives on positive collaboration and open communication.
Reporting to the Accounts Receivable Supervisor, the Credit Analyst is responsible for the analyzing of credit risk, development and execution of policies and procedures for valuations of credit for third-party customers both domestic and international; Perform credit and collection activities and provide a high level of professionalism when working with our internal and external customers for Process Technology.
RESPONSIBILITIES:
COMPETENCIES: