Credit Analyst

Job DescriptionJob DescriptionWe are offering an opportunity in the Payroll Services industry at a location in ROCHESTER, New York, for a Credit Analyst - AP. This role includes processing customer applications, maintaining accurate customer records, and resolving any customer enquiries. It also involves monitoring customer accounts and taking appropriate actions when necessary.

Responsibilities:

• Conduct detailed research and analysis on the accounts receivable information for aging concentration and other issues.
• Scrutinize transactional data for anomalies that might affect our position.
• Analyze the client's capability to handle the current obligation due Advance; this includes assessing the size and concentration of the portfolio, current liens, and their effect on the portfolio.
• Investigate end debtors for financial viability and credit worthiness based on available financial and credit information.
• Maintain detail oriented and open relations with clients and debtors.
• Prepare and present accurate reports on the client base.
• Ensure risk factors are identified promptly and communicated to the appropriate teams in a timely manner.
• Uphold the company's values and work in partnership to support each other.
• Execute all duties in a manner that supports company policies and procedures, promoting effective and positive teamwork.
• Perform other duties as assigned.• Proficiency in Reporting, ensuring accurate and up-to-date financial data.
• Familiarity with Procedures in payroll services and credit analysis.
• Strong Research skills to gather and analyze financial data.
• Ability to Review and interpret financial statements and credit reports.
• Experience with Accounts Receivable (AR) management.
• Capability to Perform Ad Hoc Financial analyses as required.
• Solid understanding of Credit processes and principles.
• Excellent TeamWork skills for effective collaboration within the team.
• Knowledge of Company Policy related to credit and financial operations.
• Experience with Collateral Management to secure credit.
• Innovation skills to develop new strategies for credit risk management.
• Familiarity with Liens and their impact on credit decisions.
• Knowledge of Worker's Compensation Claim processes.
• Experience in Transactional operations in a credit environment.
• Ability to manage Debtors and ensure timely payment.
• Skills to assess Credit Worthiness of clients and potential clients.
• Ability to Identify Anomalies in financial reports and credit applications.
• Experience with Paychex payroll services.
• Ability to assess Potential Risk in credit operations.

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