Collections Analyst

Socket.dev; Bedford (OH); On-site; USD 55,000 - 75,000; Full time

Benefits offered by this job

Medical benefits

Dental benefits

Vision benefits

401(k) match

Tuition reimbursement

Bonuses

Job summary

Olympic Steel is seeking a Collections Analyst responsible for collecting invoices and assessing customer credit risk while adhering to policies and procedures. The role focuses on improving cash flow and strengthening relationships with customers and partners.

The position emphasizes process enhancements, compliance with safety and regulatory requirements, and collaboration with cross-functional teams to resolve short- and non-payment issues.

Qualifications

• Associate or Bachelor’s in Finance or related field preferred.
• 2+ years of commercial collections and/or credit experience.
• Demonstrated ability to implement corrective actions and perform problem solving analysis.
• Demonstrated ability to observe and comply with safety, environmental, regulatory, and statutory requirements.
• Excellent negotiating skills.
• Exceptional organizational, multi-tasking, planning, leading, and controlling skills.
• Strong interpersonal, verbal and written communication skills.

Responsibilities

• Timely and efficient collection of due and past-due invoices per terms.
• Assess collection risk for new and existing customers.
• Recommend and implement process improvements to improve cash flow and reduce delinquencies.
• Build strong, long-term relationships with customers and business partners.

Skills

Collections experience

Negotiation

Communication

Organization

Problem solving

Attention to safety

Education

Associate or Bachelor’s in Finance or related field

Additional finance-related certifications

Job description

About Olympic Steel:

Since 1954, Olympic Steel has been focused on safe, profitable, and sustainable growth through the direct sale of a wide range of processed metal products and several metal-intensive branded products. Guided by our Core Values, we put safety first - always, and we believe in cultivating an inclusive workplace where employee belonging, and empowerment are foundational to everything we do. Olympic Steel offers employees the best of both worlds: the culture and community of a closely connected team with the resources, opportunity and stability of a large, growing organization.

Job Description

The Collections Analyst is responsible for the timely and efficient collection of due and past due invoices in accordance with customer credit terms and collections and accounts receivable policies and procedures. Position conducts collection risk assessments of new and existing customers, while monitoring outstanding/past due collections. Recommends and executes process enhancements to improve cash flow, reduce receivables and resolve and reduce short / non-payment issues. This position is also responsible for helping build strong and long-term customer and business partner relationships.

Qualifications

• Associate or Bachelor's in Finance or related field preferred
• 2+ years of commercial collections and/or credit experience
• Demonstrated ability to participate in collections-related matters, by successfully implementing corrective actions and performing problem solving analysis.
• Demonstrated ability to observe and comply with all safety, environmental, regulatory, and statutory requirements.
• Excellent negotiating skills.
• Exceptional organizational, multi-tasking, planning, leading, and controlling skills.
• Strong interpersonal, verbal and written communication skills.

Why Work for Olympic Steel:

• medical, dental, and vision benefits
• paid holidays and vacation
• a 401(k) match
• tuition reimbursement
• and various opportunities to earn cash bonuses.

And, we offer more than a competitive total compensation package. We provide our employees the ability to build a meaningful life-long career. When you work at Olympic Steel, you can make a significant impact - at our company, in the local community and in the world. See for yourself at IamOlympicSteel.com.