Credit & Collections Analyst

Koroseal Interior Products; Fairlawn (OH); On-site; USD 50,000 - 80,000; Full time

Job summary

An established industry player is seeking a detail-oriented Credit & Collections Analyst to join their dynamic team. This role is pivotal in managing the financial health of high-volume accounts, ensuring timely collections and efficient order processing. You will leverage your expertise in credit analysis and communication to resolve disputes and collaborate with both customers and internal teams. With a focus on professional growth, the company offers paid training, generous vacation time, and a supportive work environment. If you're ready to make a significant impact in the financial management sector, this opportunity is perfect for you.

Benefits

Paid training and career development

Vacation time

Personal days

11 paid holidays

Company events

401(k)

Qualifications

• 3+ years of credit analyst experience, preferably in building materials or construction.
• Strong PC skills with proficiency in Word and Excel.

Responsibilities

• Manage financial oversight of high-volume accounts and collections.
• Evaluate creditworthiness and initiate collection actions as needed.

Skills

Credit Analysis

Communication Skills

Problem Solving

Financial Management

Education

Bachelor’s degree in Finance, Accounting or Business Administration

Tools

Microsoft Word

Microsoft Excel

Job description

Corporate Office, 1111 Medina Road, Medina, Ohio, United States of America Req #35

Wednesday, February 19, 2025

Position Overview

The Credit & Collections Analyst is responsible for overseeing the financial management of high-volume accounts, including General Contractors, Sub-contractors, and independent installers. This role focuses on extensive day-to-day evaluation of creditworthiness, managing collections, and ensuring timely order releases through proactive follow-ups, effective communication, and meticulous documentation. This role will be reporting to the Credit and Resolutions Manager and located in our Corporate Office in Fairlawn, OH.

Why Join Us?

• Paid training and career development
• Vacation time, personal days, and 11 paid holidays
• Company events
• 401(k)

Key Responsibilities:

• Review receivables status and initiate appropriate collection actions.
• Evaluate account status for approval of new orders based on established guidelines.
• Research and resolve disputes on delinquent account balances, including correcting misapplied payments or overpayments, and collaborate with customers and internal teams for resolution.
• Track delinquent account status and document collection efforts. Recommend credit limit adjustments when necessary.
• Identify accounts suitable for referral to outside collection agencies and monitor progress.
• Work to improve receivables turnover while balancing customer needs.
• Partner with sales representatives to resolve disputes or address delinquent accounts.

Skills & Qualifications

• Bachelor’s degree with a concentration in Finance, Accounting or Business Administration.
• Minimum 3 years credit analyst experience, preferably in the building materials or construction industry.
• Experience with the Collections and/or Construction Lien process preferable.
• Excellent communication skills both verbally and electronically with the ability to communicate with people at all organization levels.
• Strong PC experience, including Word and Excel.
• Must be able to sit for long periods of time and have the ability to lift up to 20lbs safely.