Collections Analyst

Olympic Steel, Inc.; Bedford, Northern (OH, KY); Hybrid; USD 48,000 - 70,000; Full time

Job summary

Olympic Steel, Inc. seeks a Collections Analyst to manage the timely collection of invoices in line with credit terms and AR policies. The role involves assessing collections risk for new and existing customers and driving process improvements to optimize cash flow.

The position emphasizes building strong relationships with customers and partners while ensuring compliance with safety and regulatory requirements. This is a formal opportunity within a growing metals company.

Qualifications

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

Responsibilities

• Process timely collection of due and past due invoices in accordance with customer credit terms and AR policies.
• Monitor outstanding/past due collections and perform risk assessments for new and existing customers.
• Recommend and execute process enhancements to improve cash flow and reduce receivables.
• Build strong, long-term relationships with customers and business partners.

Education

Bachelor’s degree in Finance or related field

2+ years of commercial collections and/or credit experience

Problem solving

Compliance

Organizational skills

Interpersonal/communication skills

Job description

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.
• Exceptional organizational, multi-tasking, planning, leading, and controlling skills.
• Strong interpersonal, verbal and written communication skills.

Why Work for Olympic Steel:

Olympic Steel offers comprehensive benefits, including 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.

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.