Financial Credit Analyst

Financial Analyst - Credit

Position Description

ICON International is currently seeking a
Financial Credit Analyst.
This individual will be responsible for timely review, evaluation and communication for new client set-up of new or updated client contracts, the collection of receivables, coordination and reporting of credit database, and assisting in the evaluation of new media investments. The Financial Credit Analyst effectively uses broad-based qualitative and quantitative data, third-party services/reports, real-time information and other necessary measures appropriate to maintain and improve credit processes.

Responsibilities

• Proactively coordinates (i) the review and evaluation of all short-term client credit risk for approvals to the Chief Credit Officer (CCO); (ii) the compilation, review, and maintenance of client credit files, including internal and external communications, contracts, media authorizations, financial statements, third party and other related credit reports; and (iii) the creation and maintenance of client information on accounting, credit and billing information systems.

• Assists the CCO as required in/Knowledge, experience and use of credit resources that will assist in reaching VSA and Media Investment credit recommendations. Knowledge about how to research industry trends, ranking of companies within industries and analyzing outside influences that may effect credit decisions

• Pro-actively sends statements and coordinates with clients and/or Agency representatives to ensure timely payment of Receivables owing, consistent with established credit terms and/or credit policies.

• Reviews and monitors payment status of all key/major dollar accounts and recommend and/or initiates action steps necessary for timely reconciliation and/or collection. Promptly refers all material issues regarding payment delays or problems to the CCO.

• Identifies invoice-related matters under client dispute; assists with and/or initiates timely resolution with other required Icon personnel; and, ensures completion of any follow-up required for payment collection.

• Proactively researches and resolves all payment application and/or Credit Memo-related problems, disputes or discrepancies, and follow through to ensure final and accurate application of all funds received.

• Maintains awareness of, promotes adherence to and consistency with Icon's core Values Initiatives with all clients and colleagues.

• Maintains company-wide Receivable Days' Outstanding at or inside established departmental and company guidelines. Monitors monthly for compliance or necessary corrective action steps.

• Maintains strong interpersonal communications and relationships with all assigned client Accounts Payable and Marketing personnel; proactively maintains and promotes similarly strong relationships with Icon Account Management, Sales, Media, Fulfillment, and other Accounting Department personnel.

Skills and Qualifications

• Bachelor's degree in Accounting, Finance or Business
• A minimum of 1-2 years of experience in accounting, finance, collections and/or related fields
• Interacts with co-workers, customers and other personnel with sensitivity
• Ensures compliance with company and department policies. Pro-actively initiates dialog with client and agency contacts (external and intercompany) financial, marketing and payment personnel to achieve all functional objectives and to enhance firm-wide client/company relationships
• Strong verbal and written communication skills
• Strong analytical skills
• Proficient in Microsoft Office Systems, specifically in Excel
• Familiar with tools such as - D&B, S&P, Moodys, Credit Safe, Allianz, etc
• Familiar with collection process. Collection, work-outs, arbitration and litigation
• Familiar and knowledgeable about UCC filings, standby and documentary letters of credit
• Ability to work in a fast-paced environment and manage multiple projects simultaneously.
• Must have the legal right to work in the United States

Company Overview

Founded in 1986, ICON International provides clients with financial solutions built around the concept of corporate barter. We help businesses leverage their underperforming assets by trading those goods for high-value professional products/services. It's a complex and dynamic field, driven by strategy, integrity and creativity.

Additional Information

This position is based in ICON's corporate office. The work environment is dynamic and collaborative, providing opportunities for growth and professional development.

The strength of our business comes from our people, our financial resources and the great relationships we've built with clients and other business partners. ICON brings them together to solve problems and to create innovative business opportunities. We've developed trading strategies that maximize asset value and improve business outcomes.

Award-Winning Culture:
Recognized as one of the 25 Best Places to Work in Connecticut and a Top Workplace in Fairfield County

Competitive Compensation:
We offer a robust base salary paired with an attractive benefits package including generous PTO, medical, dental, vision, and 401(k) with match.

Apply now and become an integral part of a Company that's reshaping the landscape of Corporate Finance and Barter.