Credit Analyst II

Institut Straumann AG; Andover (MA); On-site; USD 70,000 - 90,000; Full time

Job summary

A leading company in dental solutions is seeking a Credit Analyst to manage a significant finance portfolio and conduct credit evaluations. The role involves collaborating with various teams to ensure financial goals are met, making it crucial for candidates to have strong analytical skills and experience in credit risk management. The organization offers competitive compensation and a supportive environment focused on innovation and employee well-being.

Benefits

Generous PTO allowance

401(K) plan with employer match

Competitive compensation plans

Health, dental, and vision insurance

Qualifications

• 4+ years of experience in credit related field.
• Experience providing credit risk analysis and financial statement analysis.
• Strong interpersonal, verbal, and written communication skills.

Responsibilities

• Responsible for annual finance portfolio of up to $50,000,000.
• Review customer credit worthiness and risk evaluation.
• Set and maintain customer financing approvals and credit limits.

Skills

Problem-solving

Analytical skills

Time-management

Organizational skills

Communication

Education

Bachelor’s degree in business related field

Tools

SAP

High Radius

Excel

Job description

#ChangeMakers

Ready to make an impact?

We develop, manufacture, and supply dental implants, clear aligners, instruments, CADCAM prosthetics and biomaterials for use in esthetic dentistry, tooth replacement and restoration solutions or to prevent tooth loss.

We empower our employees to perform and make an impact, to question the status quo, to drive change, to stay ahead of the competition. From the first Dental Implant in 1974 to the latest Digital Solution – we do things differently than others

We deliver innovation based on evidence. This is part of our employer culture as well as an exceptional team spirit that truly encourages diversity and a powerful “can-do” attitude.

#WeChangeDentistryevery day. Be part of it.

Credit Analyst is responsible for approving, monitoring, reporting, and managing all activities for a portfolio of accounts financed internally withing Straumann, or externally via third-party finance partners. This includes overseeing internal financing applications, payment plans, and external financing partners such as DLL and PEAC. This role involves collaborating with internal management to recommend and monitor goals and performance measures, ensuring alignment with Straumann USA LLC's financial objectives.

Job Responsibilities

This position is responsible for, but not limited to, the following:

• Responsible for annual finance portfolio of up to $50,000,000 between both Internal and External financed customers.
• Review customer credit worthiness and risk evaluation for Internal Financed customers.
• Finance approvals based on defined Credit Approval matrix.
• Set and maintain customer financing approvals and credit limits through financial analysis & credit research including but not limited to past payment performance, credit reports, industry analysis and risk assessment.
• Collaborate with internal management to set up payment plans in SAP and Delego for internally financed customers; close out payment plan when final payment is completed.
• Communicate order finance status, both internal and external finance, to Straumann Sales, Sales Support, Customer Service and Digital Team.
• Maintain daily reconciliation of Third-Party financing companies, primarily DLL and PEAC. Insure Straumann is funded prior to order release and all payments and credits get applied correctly.
• Update all finance reporting for the sales team (commissions) accurately and always before month-end closes.
• Run and analyze weekly aging for past due accounts; research root cause of issues that delay payments.
• Successfully negotiate and process payment plans within the defined approval matrix.
• Provide weekly accounts receivable delinquency updates to a shared drive; participate as requested in management weekly conference calls with Sr. AR Manager, Director of Accounting, CFO, and Sr. Sales Leadership.
• Review clearing and process of all credits on accounts.
• Regular hours are 9:00 AM to 6:00 PM, with up to four days per month from 10:00 AM to 7:00 PM

Minimum Qualifications

• Bachelor’s degree in business related field, or equivalent work experience.
• 4+ years’ experience in credit related field.
• Experience providing credit risk analysis and financial statement analysis.
• Experience using spreadsheet software.
• Strong problem-solving, analytical, critical thinking, reporting, time-management, and organizational skills required.
• Attention to detail.
• Adept at decision making and negotiation.
• Strong interpersonal, verbal, and written communication skills. Able to communicate with personnel at all levels of technical ability and expertise.

Preferred Qualifications

• Bachelors Degree
• Experience with SAP AR/Collection functions
• Experience in SAP, SAP CRM and High Radius
• Experience with High Radius
• Basic knowledge of Excel & MS Windows
• Excellent communication skills, listening, and problem solving

Additional Information:

Whether you’re looking to build your career, improve your health, or brighten your SMILE, we offer generous benefits to help you achieve your goals.

• Very Competitive total compensation plans (some positions include discretionary bonus, or Performance Share Units).
• A 401(K) plan to help you plan for your future with an employer match
• Great health, dental and vision insurance packages to fit your needs to ensure you’re happy and healthy. Straumann contributes a healthy portion towards employees’ premium.
• Generous PTO allowance - plenty of time to recharge those batteries!

Please understand that we do not need external support by recruiting agencies and consultants to fill this vacancy. Thank you for respecting this.

Videos To Watch:

https://youtu.be/3lq5BLAvIdQ

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or disability.

Employment Type:Full Time

Alternative Locations:United States : Andover (MA)

TravelPercentage:0 - 10%

Requisition ID: 18205