Credit Analyst

Socket.dev; Wood Dale (IL); On-site; USD 65,000 - 85,000; Full time

Benefits offered by this job

Competitive salary

Medical/Dental/Vision coverage

401(k) with company match

Paid time off

Professional development

Job summary

AAR is seeking a Credit Analyst to analyze credit data and estimate risk for extending credit and facilitating collections. This role supports prudent business decisions and timely customer communication.

You will evaluate accounts for credit release, establish limits, monitor payments, and produce regular reports. Requires an Associate degree and 4 years in a credit-related role, with knowledge of accounting basics. Competitive salary and benefits.

Qualifications

• 4 years of experience in a credit-related role.
• Associate degree or equivalent.
• Understand basic accounting principles and general ledger.
• Computer literate - Excel and Word.

Responsibilities

• Evaluate clients on credit hold for credit release.
• Responsible for financial analysis to make prudent business and credit decisions.
• Establish credit limits.
• Maximize collections and maintain customer relations.
• Monitor accounts to ensure timely payments.
• Produce spreadsheet reports on a daily and monthly basis.
• Analyze account reconciliations.
• Identify areas of opportunity for process improvement.
• All other duties as assigned.

Skills

Analytical skills

Communication skills

Problem solving

Education

Associate degree or equivalent

Tools

Excel

Word

Job description

Analyzes credit data to estimate the degree of risk involved in extending credit and responsible for facilitating the collection of customer receivable balances owed to AAR

What you will be responsible for:

• Evaluate clients on credit hold for credit release.
• Responsible for financial analysis to make prudent business and credit decisions. Evaluate accounts, establish payment plans, and maintain proper follow-up (timely, professional customer communication and system documentation of actions taken).
• Establish credit limits.
• Maximize collections and maintain customer relations.
• Monitor accounts to ensure timely payments.
• Produce spreadsheet reports on a daily and monthly basis.
• Analyze account reconciliations.
• Identifying areas of opportunity for process improvement.
• All other duties as assigned.

What you need to be successful in this role:

• Computer literate - Excel and Word
• Strong technical, analytical, problem solving and communication skills.
• Associate degree (A.A.) or equivalent from two-year college or technical school; or four years related experience and/or training; or equivalent combination of education and experience.
• Must have 4 years of experience in a credit related role.
• Understand basic accounting principles and general ledger.

The rewards of your career at AAR go far beyond just your salary:

• Competitive salary and bonus package
• Comprehensive benefits package including medical, dental, and vision coverage.
• 401(k) retirement plan with company match
• Generous paid time off program
• Professional development and career advancement opportunities

Physical Demands/Work Environment:

The physical demands and work environment characteristics 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.
• While performing the duties of this job, the employee may be regularly required to sit, stand, bend, reach and move about the facility.
• The environmental characteristic for this position is an office setting.
• Candidates should be able to adapt to a traditional business environment.

AAR provides accommodation in accordance with applicable laws through all stages of the hiring process. If you require accommodation for any part of the application and/or hiring process, please advise Human Resources.

Compensation:

The anticipated salary range for this position is $65,000 to $85,000 annually. This range reflects the base salary for candidates who meet the requirements of the role, including experience, education, and location. [In addition to base pay, this role is eligible for a bonus.] AAR offers a competitive benefits package, including medical/dental/vision/life/and AD&D insurance, 401(k) savings plan with employer match, paid time off and holiday pay, as well as opportunities for professional development and growth.