Credit Risk Specialist
3 weeks ago
Graco is a leading manufacturer of premium equipment for various industries. We are seeking a skilled Credit Representative to join our team.
- Key Responsibilities:
- Gather information and provide recommendations for payment terms and credit limits for new and existing customers, in accordance with Corporate Policy and Guidelines.
- Collect outstanding Accounts Receivable balances using various collection procedures, including telephone, written communication, or personal contact with the customer.
- Monitor customer credit exposure on select accounts to ensure it does not exceed established limits.
- Resolve open disputed items, including chargebacks, deductions, short payments, and unpaid invoices.
- Work directly with customers to resolve or collect disputed transactions.
- Identify deduction trends, patterns, and concentrations, and work with appropriate areas to address the root cause.
- Recommend write-off of uncollectible disputed items, with support as required.
- Monitor, research, and resolve all open Credit Memos, On Account Cash, and Unapplied balances.
Requirements:
- Bachelor's degree in Finance, Accounting, or a similar field, or an equivalent combination of education and experience.
- Minimum 0-2 years in a finance-related function.
- Basic familiarity with Credit terms and conditions and financial instruments, with the ability to learn.
- Excellent communication skills, both written and oral.
- Demonstrated ability to analyze financial statements and make sound credit/risk decisions.
- Demonstrated ability to handle sensitive confidential credit issues with customers.
- Demonstrated ability to learn a variety of computer programs.
Graco offers a dynamic work environment, attractive compensation, and comprehensive benefits, including medical, dental, stock purchase plan, 401(k), tuition reimbursement, and more. We are proud to be named a Best Place to Work by Fortune Magazine. If you are a motivated and detail-oriented individual with a passion for finance, we encourage you to apply for this exciting opportunity.
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