Credit Analyst

Central States Manufacturing, Inc.; Tontitown (AR); On-site; USD 60,000 - 80,000; Full time

Job summary

Central States Manufacturing, Inc. is seeking a Credit Analyst in Tontitown, AR to support the credit team by analyzing the AR portfolio and mitigating credit risk. You will build relationships with customers and internal partners to ensure accurate, timely credit decisions and successful partnerships.

You will review financial statements, apply credit policies, and prepare reports while collaborating with sales to resolve disputes and protect company cash flow.

Qualifications

• High school diploma or equivalent with at least 3 years in commercial credit.
• Ability to be a self-starter with a solution-oriented mindset.
• Ability to operate in a fast-paced environment, handling high volume and making decisions with limited information.
• Analytical skills to evaluate customer credit data and determine terms.
• Ability to write reports and business correspondence.
• Excel expertise including formulas (VLOOKUP, pivot tables).
• Credit scoring utilizing rules and metrics.
• Ability to present information to colleagues and management.
• Strong communication and teamwork.
• 3+ years of commercial credit experience.

Responsibilities

• Ensure prompt attention to all matters impacting the order-to-cash cycle.
• Approve or deny credit orders per policy to balance risk and customer relations.
• Know, understand and apply credit and collection policies, practices, and procedures.
• Regularly review collections status and assess credit risk for customers.
• Solicit financial statements for credit review as needed.
• Analyze credit requests and set terms within policy using financial data and references.
• Represent all aspects of credit and collections to optimize systems usage.
• Develop and analyze reports to meet business needs.
• Submit credit requests beyond authority to Credit Supervisor.
• Respond to internal and external inquiries related to credit.
• Maintain harmonious relations with customers, peers, and sales; collaborate with Sales to resolve disputes.
• Monitor delinquent accounts and participate in actions; report to supervisor.

Skills

Credit experience (3+ yrs)

Self-starter

Solution oriented

Analytical thinking

Effective communicator

Report writing

Education

High School Diploma or GED

Tools

Outlook

PowerPoint

Excel

Job description

Corporate
171 Naples St
Tontitown, AR 72762, USA

Corporate
171 Naples St
Tontitown, AR 72762, USA

JOB SUMMARY: 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
• 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

Qualifications

Skills

Behaviors

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Motivations

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Education

Experience

Licenses & Certifications

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.