Analyst - Credit and Collections

WESCO Distribution; Glenview (IL); On-site; USD 50,000 - 70,000; Full time

Job summary

A leading company in distribution is seeking a Credit & Collections Analyst to manage overdue accounts and collect credit information. This role requires collaboration across teams to ensure timely collection and maintain account accuracy. Ideal candidates will have an Associate's Degree and experience in high-volume credit environments.

Qualifications

• 1 year experience in accounts receivable or finance required; 3 years preferred.
• Strong level of Excel knowledge preferred.
• Experience with credit and collections in a high-volume environment required.

Responsibilities

• Monitor past due invoices and perform high-volume collections.
• Evaluate collectability and perform account reconciliations.
• Work cross-functionally with finance and sales teams.

Skills

Communication

Attention to Detail

Organizational Skills

Solution-Oriented

Team Collaboration

Education

Associate’s Degree in Accounting, Finance, Supply Chain, or Business

Bachelor’s Degree (preferred)

Tools

Microsoft Office (Excel, Outlook, Word)

ERP platforms (e.g., Oracle, DAX, AS400)

Job description

As a Credit & Collections Analyst, you will be responsible forcollectingand maintainingbasic credit information. You will assist reviewing and verifyingoverdue accounts. You will contact customers to confirm outstanding payments and renewcredit information to help minimize outstanding debts.

Responsibilities:

• Monitors past due invoices and make a high-volume of collections contacts via phone, e-mail, or customer portals.
• Works with the customer to determine root cause of dispute for unpaid or short-paid invoices. Identifies and documents detailed reason.
• Performs customer account reconciliations, including research of unapplied cash, and credits and unearned discounts.
• Evaluates collectability of unearned cash discounts, finance charges, small dollar invoices, etc. and performs write-offs of uncollectable amounts within their level of authority.
• Obtains appropriate credit information to rate credit worthiness of new and existing accounts within assigned portfolio.
• Works cross-functionally with sales, operations, finance, contract administration, and customer master administration teams to gather and review documents, including purchase orders, credit applications. And loads into contract tracking tool for approval by financial services management and partners.
• Reviews orders on credit hold by assessing credit worthiness of customers, including financial ratings, open invoices, in-process payments and backlog, and makes recommendations for order release to supervisor.

Qualifications:

• Associate’s Degree in Accounting, Finance, Supply Chain, or Business required;Bachelor’s Degree preferred
• Licenses/Certificates/Designations - NACM or similar preferred
• 1 year required, 3 years preferred, of experience with accounts receivable, accounting, finance, supply chain or general business
• 1 year required, 3 years preferred, of knowledge of computer system applications:Microsoft Office, including Outlook, Excel, and Word, and familiarity with an ERP platform (e.g., Oracle, DAX, AS400 etc.) required.
• 1 year required, 3 years preferred, of commercial, business to business, credit and collection experience in a high-volume environment required
• 1 year required, 3 years preferred, of Working with trade credit and other third parties (e.g., D&B, Experian, Equifax, NACM, CreditSafe) to obtain credit information
• High level of Excel knowledge preferred
• Strong written, oral communication and interpersonal skills with a positive disposition
• Strong organizational skills and solution-oriented philosophy preferred
• Ability to work independently as well as in a team environment
• Strong attention to detail with a passion for accuracy
• Willingness to accommodate temporary working hour changes as required by workflow is preferred
• Ability to prioritize tasks and demonstrate a willingness to accept new challenges is preferred

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