Credit Analyst

Magnera Corporation; Evansville (IN); On-site; USD 45,000 - 75,000; Full time

Job summary

Magnera Corporation in Evansville, IN seeks a Credit Analyst to manage assigned customer accounts, assess creditworthiness, monitor portfolios, and support collections to improve cash flow.

Responsibilities include evaluating credit risk, proposing credit limits and payment terms, resolving disputes, and collaborating with Sales, Operations and AP to meet business goals.

Qualifications

• Bachelor’s degree in Accounting, Finance, Business Administration, or a related field.
• Two or more years of commercial credit, credit analysis, accounts receivable, collections, or related financial functions preferred.
• Ability to analyze financial and credit information to support sound credit decisions.
• Experience with ERP systems and customer portals preferred.

Responsibilities

• Monitor assigned customer accounts and proactively manage delinquent balances following company credit policies.
• Execute collection and risk mitigation strategies to improve cash flow, reduce DSO, increase AR turnover, and minimize bad debt exposure.
• Evaluate creditworthiness of new and existing customers through review of financial information, credit reports, trade references, and payment history.
• Recommend credit limits and payment terms based on risk assessment.
• Conduct periodic reviews of customer credit limits and payment performance and recommend adjustments based on changing risk profiles.
• Investigate and resolve invoice disputes, deductions, and payment discrepancies through collaboration with customers and internal stakeholders.
• Provide trade and credit references as requested.
• Maintain accurate customer credit files, account documentation, and collections activity records.
• Collaborate with Sales, Customer Service, Operations, and Customer Accounts Payable teams to resolve account issues, support credit decisions, and achieve business goals.
• Follow all company safety, environmental, and regulatory requirements.
• Perform other credit, collections, and accounts receivable duties as assigned.

Skills

Financial analysis

Credit risk assessment

Accounts receivable management

Excel

Communication skills

Negotiation

Education

Bachelor's degree in Accounting, Finance, or related field

Tools

ERP systems

Customer portals

Job description

Overview

Magnera's purpose is to better the world with new possibilities made real. For more than 160 years, the originating companies have delivered the material solutions their partners need to thrive. Through economic upheaval, global pandemics and changing end-user needs, they have consistently found ways to solve problems and exceed expectations. By bringing together these legacy companies, the distinct scale and comprehensive portfolio of products will bring customers more materials and choices. With a combined legacy of resilience, Magnera will build personal partnerships that withstand an ever-changing world.

Manage assigned customer accounts through credit risk assessment, portfolio monitoring, and collections support to maintain healthy accounts receivable balances and minimize financial risk. This role is responsible for evaluating customer creditworthiness, reducing delinquent accounts, resolving disputes, and supporting company cash flow goals.

Responsibilities

• Monitor assigned customer accounts and proactively manage delinquent balances following company credit policies.
• Execute collection and risk mitigation strategies to improve cash flow, reduce DSO, increase AR turnover, and minimize bad debt exposure.
• Evaluate creditworthiness of new and existing customers through review of financial information, credit reports, trade references, and payment history.
• Recommend credit limits and payment terms based on risk assessment.
• Conduct periodic reviews of customer credit limits and payment performance and recommend adjustments based on changing risk profiles.
• Investigate and resolve invoice disputes, deductions, and payment discrepancies through collaboration with customers and internal stakeholders.
• Provide trade and credit references as requested.
• Manage customer-specific portal requirements, payment processes, and credit-related documentation requirements.
• Maintain accurate customer credit files, account documentation, and collections activity records.
• Collaborate with Sales, Customer Service, Operations, and Customer Accounts Payable teams to resolve account issues, support credit decisions, and achieve business goals.
• Follow all company safety, environmental, and regulatory requirements.
• Perform other credit, collections, and accounts receivable duties as assigned.

Qualifications

• Bachelor’s degree in Accounting, Finance, Business Administration, or a related field, or equivalent experience.
• Two or more years of commercial credit, credit analysis, accounts receivable, collections, or related financial functions preferred.
• Ability to analyze financial and credit information to support sound credit decisions.
• Understanding of credit risk assessment, collections practices, and accounts receivable management.
• Proficiency in Microsoft Excel, Word, and PowerPoint.
• Experience with ERP systems and customer portals preferred.
• Strong analytical, problem-solving, negotiation, and organizational skills.
• Excellent written and verbal communication skills.
• Ability to manage multiple priorities in a fast-paced environment.