Credit collections Analyst I

PLEASE 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

To provide administrative and analytical support to the Finance Department. To provide support within approved policies, procedures, standards, and defined limits on credit matters within the area of responsibility.

Essential Duties/Responsibilities

* Review files, reports, and financial statements on new customers.
* Audit existing customers according to policies and procedures.
* Review credit lines and credit risks. Extend credit to customers in accordance with established policy and terms.
* Review and analyze status of accounts receivable maintained in good condition. Notify appropriate personnel when customer balances exceed safe limits.
* Send information to new customers, ensure appropriate documentation is returned to complete account setup.
* Submit investigations beyond the position's authority to the Manager with all necessary reports, data, and analyses.
* Assist in handling order releases and collection calls.
* Run daily reports for blocked order items and error discrepancies. Research and resolve issues.
* Assist in maintaining the department's credit database and customer credit files.
* Issue necessary credit memos relating to intercompany billings and debit memo/manual invoicing.
* Assist in providing accounts receivable, short pay, and Days Sales Outstanding (DSO) reports.
* Complete and return credit reference requests.
* Provide customer account statements upon request.
* Assist in all treasury functions, including Cash Management Reporting, wiring funds and contact with bank personnel, as necessary.
* Consolidate Accounts Receivable and DSO data to assist in compiling reports.
* Reconcile cash receipts versus general ledger, ensuring accounts are in balance.
* Perform Cash Application and Vendor Master activities.
* Perform any other project/task as assigned by Management.

Education, Skills, and Experience Requirements

* Associates Degree in Business, Finance or Accounting or related field. Experience may be considered in lieu of education.
* Five (5) years' experience in accounting or credit analysis in a manufacturing industry preferred.
* Strong written, verbal, and interpersonal communication skills.
* Strong computer/systems skills - MS Office (Excel/Word/PowerPoint/Outlook).
* Strong cooperation and collaboration skills.
* Ability to work effectively in a fast-paced environment establishing priorities and managing multiple tasks and demands.
* Ability to adjust to and flexible with change with a willingness to learn
* Attention to detail, high energy, self-motivated and self-reliant.
* Ability to interact well with all personality types.

Please note this job description is not designed to contain a comprehensive listing of all activities, duties, or responsibilities that are required of the Associate for this job. The employer has the right to modify essential job functions, physical demands of the job and job qualifications at any time.

This job description has been approved by Management.