Credit Analyst

Crane Payment Innovations is the leader in world class automated payment solutions. We partner with businesses to provide payment experiences that set new and innovative standards for consumer convenience, security and reliability. We are excited to explore new ways every day to improve how millions of people across the globe can make their payments in a way that fits with their lives. Our global engineers develop products and deliver innovative solutions in currency validation technologies, cash management systems, digital payment technologies, mobile applications, security and digital advertising. We offer a range of devices for bill and coin validation, cash recycling and dispensing systems, IoT applications for our enterprise-level connected products and services, and software applications to integrate sensory hardware to machines and networks.

At CPI you will become a valuable part of an inclusive culture of collaboration and innovation with the support of over 2,000 associates working in one of our 15 offices across the world. If you want to have a hands-on global impact on payment solutions, we want you to join our team as a Credit Analyst. This is a full-time position based in our office in Malvern, PA located just outside of Philadelphia, PA.

Primary Function

This position is US based supporting customers in North/ South America and APAC region. This role will be responsible for Accounts Receivable Management in several divisions within CPI, which includes credit review, order release, effective overdue collection and problem solving to settle customer disputes on a timely basis. In addition, you will be responsible to make sure cash is apply daily accurately to customer’s account and to assist the with AR reporting.

Responsibilities And Duties

• Works with the internal and external sales teams to maximize sales while minimizing the company’s risk. Works within the customer service organization to provide support to customers. Handles national and international accounts, with geographic limitations.
• Credit and Accounts Receivable management to establish credit limits for new and existing customers. Periodic credit reviews of existing customers, performing account reconciliations, generating reports on outstanding balances, and actively following up on overdue invoices to maintain optimal cash flow. Research invoice discrepancies, unearned discounts and past due balances to avoid aging problems. Record incoming customer payments, applying them correctly to corresponding accounts. Proactively contact customers with outstanding balances to remind them of payment due dates, negotiate payment plans, and escalate overdue account to appropriate parties with necessary. Engage assistance of Sales team and management when necessary.
• Review sales orders on Credit Hold, work with customer service, supply managers and/or sales to ensure orders are released within a timely manner. Submit order release requests for approval as necessary.
• Research and process Credit and Debit Memos for pricing errors, product returns, sales taxes and service center warranty invoices.
• Monthly Financial Reporting and special projects such as, providing samples to internal and external audit.
• Miscellaneous: Process Letters of Credit, upload invoices to customers’ portals, process credit card payments and apply cash.
• Financial Statement review & Ratio Analysis.
• D&B information and rating interpretation.
• Ability to adhere and understand the Credit and Customer Service policies, practices and procedures.
• Knowledge of general ledger accounts and their relationships with cash and A/R.
  
  

Qualifications And Required Skills

• Bachelor’s Degree Credit, Accounts Receivable or Banking, applicable years of experience will also be considered.
• Minimum of 3 years’ experience in Accounting, Finance or Credit in an unsecured environment.
• Additional background in Banking or Cash Management preferred.
• Excellent oral, written and telephonic communication skills with the ability to conduct effective oral presentations.
• Proficiency in SAP and Salesforce.com
• Experience with Microsoft Office Suite (Outlook, Excel and Word)
• Strong analytical and problem-solving skills along with being detail-oriented
  
  

Key Attributes for Success

• Excellent interpersonal and customer service skills; ability to interface with personnel from various departments and levels.
• Excellent organizational skills with the ability to handle multiple tasks simultaneously with attention to detail and commitment to excellence. Ability to work independently, and to seek assistance/direction when necessary.
• Ability to prioritize to meet deadlines.
• Ability to quickly analyze data/situations and draw relevant conclusions to have positive effects on business in a complex environment.
• Ability to make independent decisions to achieve desired results.
• Ability to respond to calls/inquiries in a timely and efficient manner based on the goals and objectives of the department.
• Must be a team player and a self-starter that can cope with changing information and heavy inter-departmental interaction
  
  

We offer

• Competitive salaries
• Paid time off
• Sick time off
• Medical, dental, & vision insurance
• Flexible spending accounts
• Life insurance and disability benefits
• Onsite gym
• 401K with Company contribution
• Discounts for childcare
• Community involvement
• Opportunities to travel and work at our global sites
  
  

Be a part of Crane Payment Innovations and Crane Co.

CPI is a part of Crane Co., a diversified manufacturer of highly engineered industrial products. Founded in 1855, Crane Co provides products and solutions to customers in four business segments: Aerospace & Electronics, Fluid Handling, Engineered Materials, and Payment & Merchandising Systems. Crane has approximately 12,000 employees in North America, South America, Europe, Asia and Australia. Crane Co. is traded on the New York Stock Exchange (NYSE:CR).

Crane Co. is an Equal Opportunity Employer. Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, gender identity, sexual orientation, age, disability, military status, or national origin or any other characteristic protected under federal, state, or applicable local law.

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