Credit Coordinator

3 weeks ago


Des Plaines, Illinois, United States Culligan Full time
Credit Coordinator Job Description

Position: Credit Coordinator

Supervisor: Credit Supervisor

Location: Rosemont, IL

Responsibilities:

  • This position is responsible for the credit and collections on assigned accounts ensuring that customer invoices are paid promptly, and new orders are evaluated and released in accordance with departmental credit policy.
  • Maintain or beat targeted DSO and collection metrics.
  • Position also serves as back-up to the Cash Application Specialist.

Key Responsibilities:

  • Engage in proactive collection activities:
    • Successfully contact and collect past due balances on assigned customers
    • Respond promptly to all customer requests for proof of delivery documentation, copies of invoices, copies of supporting back-up and account history information
    • Utilize proper collection techniques knowing the legal statutes and ramifications when engaging in collection activities
    • Communicate and partner with the sales representative on unresolved past due accounts
    • Work with and involve appropriate parties to resolve billing disputes, short-payments and discrepancies
    • Send progressive collection letters to accounts with amounts past due who have failed to maintain agreed upon payment schedules
  • Communicate with customers professionally and proactively:
    • Answer all calls as they arrive, returning calls the same day
    • Contact customers regarding payments, account irregularities, etc.
  • Prepare month-end reports summarizing past due customers with accompanying notes, explaining the past due
  • Maintain and enter transactional information:
    • Setup and/or maintain customers in SAP system
    • Maintain customer credit files
    • Prepare account posting summary and account adjustments
  • Develop acute knowledge of customer characteristics:
    • Obtain and review customer credit reports and financial statements
    • Learn and understand overall assigned industry billing and payment practices
  • Provide special project support as requested
  • Release orders on credit hold
  • Escalate significant issues timely

Requirements:

  • Associates Degree (A.A.) in Accounting or equivalent; or equivalent experience
  • 3-5 years of experience in Collections, including experience with an integrated Accounts Receivable and General Ledger systems
  • Intermediate knowledge of Excel
  • Experience with multi-site environment
  • Ability to work effectively in changing environment

Competencies:

  • Resourcefulness
  • Customer Focus
  • Team Player
  • Passion
  • Integrity
  • Organizational/Planning
  • Communication
  • Self-Awareness
  • Energy

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