Credit Analyst
IDI Distributors Inc., Chanhassen, MN, United States
The
Credit Analyst
is responsible for managing all credit, collection, and accounts receivable reconciliation activities for a designated portfolio of customers.
Responsibilities/Duties:
Credit Management:
Review incoming credit applications and provide recommendations to the Credit Management Team.
Periodically evaluate customer financial conditions, including credit scores, sales field information, and payment trends, to assess financial position and credit risk.
Review customer orders exceeding credit limits or past due triggers, taking appropriate action to release orders or re-establish creditworthiness.
Identify customers needing increased credit limits to support business growth, perform credit reviews, and provide recommendations to the Credit Management Team.
Collections:
Build strong relationships with internal and external customers to maximize cash flow through efficient collections.
Initiate timely collection activities, including phone calls, emails, and other communications, to address account delinquencies proactively.
Work with past due customers and their sales representatives professionally, documenting discussions and agreements, and ensuring timely follow-up.
Conduct collection activities in compliance with federal, state, and local regulations, laws, statutes, and company policies.
Develop payment plans as needed.
Resolve issues related to disputed invoices with customers and the sales team to enable invoice collection or resolution of short‑paid invoices.
Other Duties:
Perform other duties as beneficial to IDI.
Leads Self
Communicates Effectively & Candidly
Drives for Results
Demonstrates Accountability
Takes Initiative
Collaborates
Qualifications/Skills:
Technical Skills:
Proficiency and experience in understanding Credit Reports and Credit Scoring
Proficiency in Microsoft Office software, including Excel and MS Word
Communication Skills:
Excellent interpersonal, written, and verbal communication skills
Strong negotiating skills
Interpersonal Skills:
Ability to work effectively with diverse groups of people
Education and/or Experience:
College degree in Business or related field and/or equivalent experience
3+ years Credit experience or related experience in field of finance preferred
Equal Opportunity Employer
This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.
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Credit Analyst
is responsible for managing all credit, collection, and accounts receivable reconciliation activities for a designated portfolio of customers.
Responsibilities/Duties:
Credit Management:
Review incoming credit applications and provide recommendations to the Credit Management Team.
Periodically evaluate customer financial conditions, including credit scores, sales field information, and payment trends, to assess financial position and credit risk.
Review customer orders exceeding credit limits or past due triggers, taking appropriate action to release orders or re-establish creditworthiness.
Identify customers needing increased credit limits to support business growth, perform credit reviews, and provide recommendations to the Credit Management Team.
Collections:
Build strong relationships with internal and external customers to maximize cash flow through efficient collections.
Initiate timely collection activities, including phone calls, emails, and other communications, to address account delinquencies proactively.
Work with past due customers and their sales representatives professionally, documenting discussions and agreements, and ensuring timely follow-up.
Conduct collection activities in compliance with federal, state, and local regulations, laws, statutes, and company policies.
Develop payment plans as needed.
Resolve issues related to disputed invoices with customers and the sales team to enable invoice collection or resolution of short‑paid invoices.
Other Duties:
Perform other duties as beneficial to IDI.
Leads Self
Communicates Effectively & Candidly
Drives for Results
Demonstrates Accountability
Takes Initiative
Collaborates
Qualifications/Skills:
Technical Skills:
Proficiency and experience in understanding Credit Reports and Credit Scoring
Proficiency in Microsoft Office software, including Excel and MS Word
Communication Skills:
Excellent interpersonal, written, and verbal communication skills
Strong negotiating skills
Interpersonal Skills:
Ability to work effectively with diverse groups of people
Education and/or Experience:
College degree in Business or related field and/or equivalent experience
3+ years Credit experience or related experience in field of finance preferred
Equal Opportunity Employer
This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.
#J-18808-Ljbffr