What are the responsibilities and job description for the Credit Analyst/ Accounts Receivable position at C.N. Robinson Lighting Supply Company, Inc. (CNR Lighting)?
Job Title: Credit Analyst/Accounts Receivable
Job Summary:
The Credit Analyst/Accounts Receivable is a critical role within the accounting department, responsible for safeguarding the company's financial integrity through comprehensive management of the accounts receivable function. This position serves as a key "Gatekeeper," ensuring accurate credit analysis, efficient billing processes, and effective collection strategies.
Work Schedule: Monday – Friday, 7:00 AM to 3:30 PM
Key Responsibilities:
- Accounts Receivable Management:
- Process order confirmations and generate accurate invoices.
- Maintain and verify daily sales registers for accuracy.
- Accurately post sales data to sales analysis reports.
- Code and post cash receipt payments with precision.
- Manage and reconcile cash receipts registers, implementing necessary updates.
- Administer customer credit accounts throughout their lifecycle, from initial application to account closure, including establishing and monitoring credit limits.
- Verify the validity of tax-exempt customer billing documentation.
- Execute comprehensive collection activities, including direct communication with customers regarding delinquent accounts.
- Escalate complex collection issues to relevant sales personnel, department managers, and senior management.
- Proactively identify and report potential cash flow risks to the Controller and President, recommending appropriate mitigation strategies, including legal action or payment plan implementation.
- Provide support in addressing legal matters related to collections.
- Perform routine financial reporting processes.
- Extended Responsibilities:
- Contribute to month-end close-out procedures.
- Participate in cross-training within the Accounts Payable department to ensure departmental continuity and support.
Qualifications:
- Associate’s degree in Accounting, Finance, or a related field preferred; High school diploma or equivalent required.
- Minimum of three (3) years of proven experience in accounts receivable and credit analysis.
- Demonstrated understanding of fundamental accounting principles and practices.
- Proficiency in accounting software and the Microsoft Office Suite.
- Strong analytical and problem-solving capabilities.
- Excellent written and verbal communication skills.
- Proven ability to effectively manage multiple tasks and prioritize workload.
- Must have reliable transportation.