- Supports the Credit manager, ensuring accurate recording of cash receipts to individual customer accounts and reconciles customer accounts to general ledger. Handles, processes, and records cash receipts from all sources, foreign and domestic. Ensures accuracy of the accounting distribution of all miscellaneous cash receipts and proper recordation in detail records.
- Assist Credit Manager with reviews, analysis and interpretation of third-party customer financial data and independent party credit reports to assess credit risk and establishes initial credit line and payment terms for new credit requests. Adjusts existing customer accounts credit line and payment terms by analyzing current trends in customer purchases, payment history, and financial risks.
- Corresponds directly with customer to resolve past due open items and collect delinquent amounts. Communicates to marketing and sales personnel on actions taken and solicits their counsel and assistance where necessary.
- Assist Credit Manager with override approval on open orders on credit hold and releases open orders for shipment.
- 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 Credit Managers responsibilities.
- Prepares and reviews monthly aging reports for both domestic and international customer accounts and other financial reports and summaries as assigned. Runs and reviews monthly customer statements, attaching written comment and invoice attachments when appropriate.
- Maintains customer credit files including financial statements and credit reports.
- Although not directly related to credit and collections, assist other finance department activities
- Associates or Bachelors degree in business or equivalent.
- Three to five years of related experience.
- Ability to use a computer and applications such as Microsoft Word and Excel.
- Must be a self-starter and able to work both independently and with the sales and marketing team to achieve company wide goals.
- Must have communication skills to interact effectively with customer's 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
2 days 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 II
2 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
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; Amery, Wisconsin; and Mon ...
-
Credit Card Quantitative Analyst
4 days ago
The Ladders Cleveland, United StatesDescription · This individual will be responsible for providing quantitative analytic support for Huntington's Card Product Portfolios (Credit and Debit Card) through marketing campaign development and analysis, Credit Risk monitoring and overall portfolio performance analysis. ...
-
Senior Credit Risk Analyst
2 weeks 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 ...
-
Credit Analyst
2 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 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
4 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
1 week 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 collections Analyst I
2 weeks 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 · ...
-
Credit & Accounts Receivable Analyst
4 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 Card Quantitative Analyst
2 weeks ago
Huntington Bancshares, Inc. Akron, United StatesThis individual will be responsible for providing quantitative analytic support for Huntingtons Card Product Portfolios (Credit and Debit Card) through marketing campaign development and analysis, Credit Risk monitoring and overall portfolio perform Analyst, Quantitative, Credit, ...
-
Senior Credit and Collections Analyst
3 weeks ago
Aspen Technology Medina, United StatesSenior Credit and Collections Analyst page is loaded · Senior Credit and Collections Analyst · Apply · locations · Medina, Minnesota · Houston · Bedford, Massachusetts · time type · Full time · posted on · Posted 2 Days Ago · job requisition id · R6067 · AspenTech is ...
-
Senior Credit and Collections Analyst
3 weeks ago
Aspen Technology Medina, United StatesAspenTech is a global software leader helping industries meet the increasing demand for resources from a rapidly growing population in a profitable and sustainable manner. Our Digital Grid Management software suite, including AspenTech OSI products, helps power and utilities comp ...
-
Senior Credit and Collections Analyst
3 weeks ago
Aspen Technology, Inc. Medina, United States Regular, Full timeAspenTech is a global software leader helping industries meet the increasing demand for resources from a rapidly growing population in a profitable and sustainable manner. Our Digital Grid Management software suite, including AspenTech OSI products, helps power and utilities comp ...
-
Credit & Accounts Receivable Analyst
2 weeks 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 ...
-
Analyst-Finance
2 weeks ago
Applied Industrial Technologies Cleveland, United StatesLOOKING FOR A COMPANY WITH A GREAT CULTURE AND RICH HISTORY OF SUCCESS? · Applied Industrial Technologies is celebrating 100 years of leadership in distribution and we are one of North America's largest independent distributors representing more than 3 million parts critical to ...
-
Senior Portfolio Analyst
2 weeks ago
Bwecap Cleveland, United StatesThe Senior Portfolio Analyst is responsible for supporting the Asset Manager by identifying and mitigating the credit, financial, operational, physical and market risks impacting the collateral of the Servicing Portfolio. The senior portfolio analyst will implement day-to-day ris ...
-
Quantitative Associate/Analyst
3 days ago
Federal Reserve System Cleveland, United States Full timeCompany · Federal Reserve Bank of ClevelandThe Federal Reserve Bank of Cleveland is part of the nation's central bank and we've provided many opportunities for professional growth during our history. · We've been named "One of Northeast Ohio's Best Places to Work" by North Coas ...
-
Senior EVG Valuation Analyst
3 days ago
PNC Financial Services Group Cleveland, United StatesJob Description · Position Overview · At PNC, our people are our greatest differentiator and competitive advantage in the markets we serve. We are all united in delivering the best experience for our customers. We work together each day to foster an inclusive workplace culture wh ...
Credit Analyst - Cleveland, United States - Preformed Line Products
Description
Job 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 payments daily, reconcile differences between payment and amount due as necessary. Analyze customer payment trends and recommend to Credit Manager adjustment of credit terms on customer accounts. Ensures proper recordation of cash receipts and adjustments in customer accounts. Investigate and collect delinquent accounts of customers. Coordinates legal requirements with internal/external legal counsel related to customer delinquencies and bankruptcies.
Essential Functions:
Qualifications and Requirements
