Credit Analyst

Arrow Components; Penang; On-site; MYR 60,000 - 80,000; Full time

Job summary

A leading technology firm in Penang is seeking a Credit Analyst to manage accounts receivable and ensure financial risk is minimized. The ideal candidate holds a Bachelor's in Finance and has 3-5 years of experience in credit analysis. Responsibilities include negotiating payment plans, resolving disputes, and collaborating with treasury teams. The role offers competitive pay and benefits including medical and life insurance, bonuses, and growth opportunities.

Benefits

Medical Insurance

Life Insurance

Year-end bonus

Performance Bonus

5-Day Work Week

Growth Opportunities

Qualifications

• 3-5 years of relevant experience in AR accounting, credit analysis, and collection.
• High astute sense of risk.
• Experience working cross-functionally with strong commercial acumen.

Responsibilities

• Negotiate payment plans for overdue accounts.
• Work with customers on A/R disputes to resolve non-payment.
• Facilitate sales and manage risk by reviewing credit transactions.
• Identify root causes for process improvement.

Skills

Risk assessment

Interpersonal communication

Self-starter

Financial analysis

Education

Bachelor’s Degree in Finance/Economics

Tools

SAP

Oracle

Job description

Position

Credit Analyst

Job Description

What You’ll Be Doing

• Collects to terms—negotiates payment plans; may need to elevate cash flow problems according to management reporting structure. Takes appropriate action such as credit hold, placement with collections; ability to work independently done with little or no guidance.
• A/R disputes—works with customer to determine reason (s) for non-payment of invoices and queries the specific invoice(s) for action by the Reconciliation Associate; works on disputes that have been researched by the Reconciliation Associate and collects outstanding balance if applicable.
• Credit—AR exposure, facilitating sales and managing risk by reviewing order release and customer master file; releasing orders as appropriate; setting limit or order release based on research; elevating to CM, CD as necessary. Identify bad debt and set reserve.
• Process improvement—identify root causes, recommend and implementing solutions. Establish/update best collection practices.
• Analysis of customer financials/credit, Identifies key issues and patterns from partial/conflicting data
• Takes a broad perspective to problems and spots new, less obvious solution
• Seek measures not limited to credit insurance to mitigation risks
• Monitor and sourcing of pertinent information for preventive actions
• Work with treasury team to maximum factoring opportunity
• Assists in account receivable management
• Ad hoc project related to portfolio risks management
• Completes work with a limited degree of supervision
  
  

What We Are Looking For

• Bachelor’s Degree in Finance/Economics
• 3-5 years of relevant experience in AR accounting, credit analysis and collection
• High astute sense of risk
• Good interpersonal and communication skill, fast learner, self-starter in a fast pace and dynamic environment
• Experience working cross functionally within countries, business and strong commercial acumen
• SAP or Oracle financial system experience preferred
  
  

What’s In It For You

At Arrow, we recognize that financial rewards and great benefits are important aspects of an ideal job. That’s why we offer competitive financial compensation, including various compensation plans, and a solid benefits package.

• Medical Insurance
• Life Insurance
• Year-end bonus
• Performance Bonus
• 5-Day Work Week
• Growth Opportunities
• And more!
  
  

About Arrow

Arrow Electronics, Inc. (NYSE: ARW), an award-winning Fortune 154 and one of Fortune Magazine’s Most Admired Companies. Arrow guides innovation forward for over 220,000 leading technology manufacturers and service providers. With 2024 sales of USD $27.9 billion, Arrow develops technology solutions that improve business and daily life. Our broad portfolio that spans the entire technology landscape helps customers create, make and manage forward-thinking products that make the benefits of technology accessible to as many people as possible. Learn more at www.arrow.com.

Our strategic direction of guiding innovation forward is expressed as Five Years Out, a way of thinking about the tangible future to bridge the gap between what's possible and the practical technologies to make it happen. Learn more at https://www.fiveyearsout.com/.

For more job opportunities, please visit https://careers.arrow.com/us/en.

Location:

MY-Penang, Malaysia (Jalan Sultan Ahmad Shah)

Time Type

Full time

Job Category

Accounting/Finance