Credit Analyst

Central States; Tontitown (AR); On-site; USD 45,000 - 65,000; Full time

Job summary

Central States is seeking a Credit Analyst to support the credit team by analyzing the AR portfolio, reviewing financial statements, and approving or denying credit within policy. You will work closely with sales and customer service to maintain strong relationships and minimize bad debt while ensuring timely, accurate decisions.

This role emphasizes collaboration across departments, adherence to credit and collection procedures, and the preparation of insightful reports to support

Qualifications

• High School Diploma or Equivalent and 3+ years in commercial credit.
• Strong self-starter with solution orientation and good follow-through.
• Ability to operate in a fast-paced environment with high volume of work.
• Analytical skills to evaluate credit data and make sound decisions.
• Proficient in MS Office, especially Excel with formulas and pivots.
• Experience with credit scoring and presenting to management.

Responsibilities

• Ensure prompt attention to matters impacting the order to cash cycle.
• Approve or deny credit orders per policies to balance risk and customer relations.
• Apply credit and collection policies and procedures.
• Review collections status and ongoing credit risk of customer portfolio.
• Initiate credit limit reviews and request financial statements as needed.
• Analyze requests for credit and approve terms within policy.
• Represent credit and collection functions to optimize systems use.
• Develop and analyze reports to meet business needs.
• Submit credit requests beyond authority to Credit Supervisor.
• Respond to inquiries related to the credit department.
• Maintain relationships with customers, sales, and external credit sources.
• Collaborate with sales to resolve disputes including pricing and promotions.
• Monitor delinquent accounts and recommend actions on those accounts.

Skills

Credit Analysis

Financial Statements

Microsoft Excel

Credit Scoring

Communication

Problem Solving

Teamwork

Job description

The Credit Analyst is responsible for assisting the credit team in mitigating credit

risk through credit analysis of the AR portfolio and working with all customers in an accurate, timely and professional manner. This position will develop strong relationships with new and existing customers, both internal and external, ensuring ongoing successful partnerships. The Credit Analyst plays a pivotal role in the Credit department, which is a multi-functional area, interacting with many business departments within the company. Our role in the company provides us with an opportunity to provide value added services to both our external and internal customer base.

Job Duties And Essential Functions

• Ensure prompt attention to all matters that impact the order to cash cycle
• Responsible for the approval or denial of credit orders in accordance with established policies, practices, and procedures in a manner that will result in harmonious ongoing relationships with customers both internal and external with a focus on ease of doing business, while balancing risk and the minimization of bad debt losses
• Knows, understands and applies the company’s credit and collection policies, practices, and procedures
• Reviews regularly the status of collections impacting accounts to assure that accounts are in sound condition with on-going credit risk appraisal of customer portfolio
• Initiate credit limit reviews and solicit financial statements on an as needed basis and in compliance with policy
• Analyzes requests for credit and approves terms and limits within policy for investigations of new customers by analyzing financial statements, trade and bank references as well as any company credit reports available to help assist in the credit decision process
• Represent all aspects of the credit and collection function to insure operating system is utilized optimally
• Review and confirm all processes and procedures are working as designed. Develop, create and analyze reports to ensure all business needs are being met
• Submits credit requests beyond the position’s authority to the Credit Supervisor
• Respond to internal and external inquiries relative to the credit department
• Initiate contact and maintain close, harmonious relationships with customers, peers, sales, customer service, and outside sources of credit information
• Collaborate closely with sales department to resolve any disputes; including, but not limited to pricing and quantity but advertising and promotional allowance / expenses as well
• Participate and recommend what actions need to be taken on delinquent account
• Monitor all accounts for possible bad debt write-offs and report results to Credit Supervisor for proper recording

Minimum Qualifications

• High School Diploma or Equivalent and a minimum of 3 years in commercial credit
• The ability to be a strong self-starter who is solution oriented with good follow through skills
• Ability to operate in a fast-paced environment, handling a high volume of work, prioritizing multiple tasks, while making decisions with limited information, and communicate decisions effectively with internal and external customers while maintaining a harmonious balanced relationship
• Analytical skills- Ability to apply these skills to evaluating customer credit data and make sound decisions concerning credit terms and processing order(s)
• Ability to write reports, business correspondence, and standard operating procedure(s) and or manuals
• Intermediate or advanced Microsoft Office skills: Outlook, PowerPoint, and EXCEL with demonstrated expertise utilizing formulas- VLOOKUP’s, pivot tables, and calendar / time management
• Credit Scoring utilizing rules and metrics
• Ability to present information in front of colleagues and/or senior management
• Communicates ideas clearly and succinctly; effectively listens and responds to other. Ensures appropriate information flows freely
• Teamwork – effectively works within the department and across departments as a pro–active team member.
• Ability to handle conflict and find resolution
• Ability to help achieve department KPI’s and goals
• Prior experience in commercial credit 3+ year