Credit and Collections Specialist Job

Arkema; Radnor (Delaware County); Hybrid; USD 60,000 - 80,000; Full time

Job summary

A leading company in the finance sector is seeking a Credit and Collections Specialist in Radnor, PA. The role involves analyzing credit risks and managing collections from clients. Ideal candidates have a finance-related degree and substantial relevant experience, with the opportunity to work in a hybrid schedule.

Qualifications

• 5+ years of related job experience or 8+ years relevant experience in lieu of a degree.
• Experience analyzing financial statements is a plus.

Responsibilities

• Analyze counterparty credit risk daily for compliance and reporting.
• Collect outstanding accounts receivable from existing clients.
• Monitor credit hold queue and assess customer financial conditions.

Skills

Problem solving

Effective communication

Education

BS/BA in Finance or Accounting

Tools

SAP

High Radius

Job description

TheCredit and Collections Specialist position is located in our Radnor, PA office. This position will analyze counterparty credit risk daily for compliance and reporting and monitor the credit hold queue. Responsible for collections of outstanding accounts receivable dollars from existing client base and all other aspects of collections, resolving customer billing problems and reducing accounts receivable. Maintains the credit files and credit and collection system.

Essential Responsibilities

• • Review open accounts for collection efforts and follow up with customers as needed. (50%)
  • Monitor High Radius credit hold queue on an hourly basis for order release. (20%)
  • Assess customer financial condition and establish credit limits, maintain customer credit files. (10%)
  • Work with credit insurance company to secure coverage for customers. (10%)
  • Communicate credit issues with BUs as required and perform monthly review with BU personnel to review problem accounts. (10%)

Qualifications and Experience

• • BS/BA in Finance or Account with 5+ years of related job experience.
  • In lieu of degree, 8+ years of relevant experience.
  • Knowledge in using SAP, High Radius preferred.
  • Experience analyzing financial statements a plus.
  • Communicates effectively, both verbal and written.
  • Solve problems creatively and independently.
  • Exercises sound judgment when determining credit limits.

• • Hybrid schedule – minimum of 3 days in the office.

#LI-MS1