Strategic Credit & Collections Analyst

Socket.dev; Rosemont (IL); On-site; USD 65,000 - 90,000; Full time

Job summary

Coilplus in Rosemont, IL, a trusted name in flat rolled carbon steel, stainless steel and aluminum processing, seeks a Credit & Collections professional to collaborate with customers, finance, sales and customer service to manage credit applications, receivables and deductions.

You will assess creditworthiness, monitor accounts 90+ days overdue, maintain credit files in Stratix and AS400, and help ensure timely payments while protecting company cash flow.

Qualifications

• BA preferably in Finance or Accounting
• 3-5 years in risk management in ever increasing areas of responsibilities
• Proven track record providing credit assessments and collecting outstanding debt in mid-size to large companies.

Responsibilities

• Conducts credit assessments & determines credit worthiness of new and existing customers within assigned division(s) by reviewing customer financials, bank & trade references, market news and using credit reports such D&B and CreditRiskMonitor.
• Monitors accounts that are 90+ days overdue, finding ways to bring them back into compliance and ensuring decisions about future sales and charge offs are based on current information.
• Maintains and updates credit process documentation including creating and updating customer information in the Stratix and AS400 systems.
• Monitors credit limits for assigned division customers, reviews orders on hold, and coordinates with customers and sales reps to release orders when payments are made; ensures shipments are stopped when required.

Skills

Problem solving

Communication to senior management

Debt collection communication

Time management

Relationship building

Work authorization

Education

Bachelor's in Finance or Accounting

Tools

Stratix

AS400

Job description

Coilplus in Rosemont, IL, a trusted name in flat rolled carbon steel, stainless steel and aluminum processing, seeks a Credit & Collections professional to collaborate with customers, finance, sales and customer service to manage credit applications, receivables and deductions.

You will assess creditworthiness, monitor accounts 90+ days overdue, maintain credit files in Stratix and AS400, and help ensure timely payments while protecting company cash flow.