Credit Specialist
2 months ago
Hartselle, Alabama, United States
Southeast LBM Holdco LLC
Full time
Job Title: Credit SpecialistAt Southeast LBM Holdco LLC, we are seeking a highly skilled Credit Specialist to join our team. As a Credit Specialist, you will play a critical role in ensuring the timely collection of past-due accounts and maintaining accurate credit information.
Key Responsibilities:- Account Monitoring: Continuously monitor existing customer accounts for creditworthiness, analyzing past performance and current information to identify potential credit issues.
- Cash Posting: Post all incoming cash transactions, including wires, deposits, credit card payments, and checks, making necessary adjustments and keeping accounts in accurate order.
- Collection and Resolution: Collect past-due accounts through mailings, phone calls, faxes, internet, and collection agencies or legal counsel when necessary, resolving issues in a timely manner to minimize disruptions.
- Reporting and Analysis: Provide daily, weekly, and monthly reports to the Credit Manager on the condition of aged accounts receivable, projecting estimated collections and identifying potential bad debts.
- Credit Limit Adjustments: Assess customer accounts to determine if and when credit limits may be raised, ensuring creditworthiness and adherence to company policies.
- Accounts Receivable Schedules: Complete detailed accounts receivable schedules on a monthly basis and for the year-end audit, working closely with the finance team and auditors to verify and explain accounts.
- Bankruptcy and Funding Write-Offs: Follow up on bankruptcy notices and balance and complete monthly and annual reports of funding write-offs to ensure trial balance numbers are accurate.
- Education and Experience: Bachelor's degree or equivalent industry experience, with a minimum of 2+ years of credit experience.
- Skills: Excellent oral and written communication skills, strong analytical skills, strong interpersonal and negotiation skills, exceptional organizational skills, and ability to think strategically.
- Certifications and Knowledge: Knowledge of all appropriate credit laws and familiarity with credit best practices.
We offer a competitive salary and benefits package to the right candidate. If you are a motivated and detail-oriented individual with a passion for credit and collections, we encourage you to apply for this exciting opportunity.