Credit Analyst

MDM Commercial; Ponte Vedra Beach (FL); On-site; USD 50,000 - 80,000; Full time

Job summary

MDM Commercial in Florida is seeking a Credit and Collections Analyst to manage credit and collection activities for our assigned business line. This role supports both Analyst and Senior Analyst levels, with authority to approve credit lines within defined limits.

You will analyze financial information, build relationships with Inventory Finance partners, and communicate with the Credit and Collection Supervisor on unresolved issues.

Qualifications

• College degree preferred.
• Minimum 3 years in commercial credit and collections (Sr. Analyst 7+ years).
• Strong written and oral communication skills.
• Solid Excel skills and MS Office proficiency.
• Familiarity with analyzing financial statements.
• Detail oriented with analytical/problem solving abilities.

Responsibilities

• Gather and interpret financial information and perform in-depth credit and financial analysis.
• Build and maintain relationships with external Inventory Finance companies and internal teams.
• Communicate with Credit and Collection Supervisor on unresolved issues and resolutions.
• Initiate collection calls to delinquent customers and determine when to place with third party agencies.
• Assist management with credit policy formulation as needed.

Skills

Credit analysis

Collections

Excel

Financial analysis

Time management

Teamwork

Written and verbal communication

Education

College degree

Tools

Microsoft Office

Job description

The Credit and Collections Analyst is responsible for all aspects of credit and collections

management for customers within an assigned business line.

There are two levels of Credit and Collections Analyst: Analyst and Senior Analyst,

differentiated by years of experience and level of authority to assign credit lines

(Analysts can authorize credit lines up to $25K with check in with managers; Senior

Analyst can authorize credit lines up to 50K).

What you will do in this role:

• Gather and interpret financial information and perform in-depth credit and financial analysis utilizing data from multiple sources. Make recommendations to extend higher credit lines, revoke credit lines and alter customers’ payment terms.


• Build and maintain relationships with external Inventory Finance companies to ensure prompt payments and proper discounts as well as internal (Sales, A/R, Legal, etc.) customers.


• Communicate with Credit and Collection Supervisor regarding unresolved issues and advise of resolution.


• Responsible for initiating collection calls to delinquent customers to acquire payment status. Makes determination to place account into collection (to third party collection agency).


• Also responsible for other Duties/Projects as assigned by business management as needed. (Senior Analyst may assist management in the formulation of credit policies)

What we look for in a candidate:

• College degree preferred


• Minimum 3 years of experience in commercial credit and collections (Sr. Analyst requirement of 7+ years of experience)


• Strong written and oral communications skills


• Working knowledge of Microsoft Office with intermediate to advanced Excel skills


• Solid data mining and analysis skills


• Detailed oriented with strong analytical and problem solving skills


• Excellent time management and organizational skills


• Ability to multi-task and adhere to deadlines


• Results oriented and strives for continuous improvement


• Ability to work well and collaboratively in a team environment


• Knowledge of liens and other security instruments


• Familiarity with analyzing financial statements

Additional skills, knowledge, and abilities:

• The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. Specific vision abilities required by this job include close vision, color vision, and ability to adjust focus.


• While performing the duties of this job, the employee is regularly required to sit; use hands to finger, handle, or feel; and talk or hear. The employee is occasionally required to stand, walk, and reach with hands and arms.


• The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. The noise level in the work environment is usually moderate.


• Ability to multi-task and handle a fast paced environment. Accuracy, reliability, and dependability are a must. Able to work well with others, both inside and outside the