What are the responsibilities and job description for the CREDIT ANALYST position at Factory Motor Parts?
The Credit Analyst will be responsible for managing the timely, accurate and complete flow of customer accounts information from Field Sales and Location management to the Credit Department and complete all credit reviews in the account set-up and onboarding process. Credit Analyst will also conduct credit reviews of existing account credit limits and terms to mitigate potential future risk. This individual will collaborate with 1 or 2 employees and will assist in work flow coordination for best and timely results. This incumbent will establish and maintain verbal and written communication with sales team and general managers to develop a good working relationship.
DUTIES & RESPONSIBILITIES :
The Credit Analyst will have content expertise in the following areas and will be responsible for the following reporting and communication requirements as deemed appropriate by the Credit Supervisor :
- Review new accounts for proper credit limit and terms based on information received from customer or national data sources D&B and Experian.
- Review existing accounts within FMPs customer portfolio to ensure proper credit limits and terms are in place to support sales growth and also mitigate future downside risk
- Lead, organize and / or participate in projects designed to improve the Credit onboarding processes.
- Work with Field Sales and Locations to review requests for extended terms on equipment purchases, marketing programs and / or other requests as presented.
- Receive and complete requests for customer information changes in FMP systems.
- Help insure the integrity of all the accounts receivable systems and processes.
- Assist Senior Manager as needed on projects (e.g. new location list of customers loaded into Accuterm, national account upload spreadsheets prepared for IT, tax exemption certificates gathering and recording).
- Effectively communicate credit management information in written or verbal manner to all levels of management as needed.
- Provide assistance to location managers, sales people, and customer service on credit management related issues.
- Respond to customer inquiries and requests in a timely manner.
- Facilitated the setup of new accounts by accurately entering data, verifying information, and ensuring compliance with company policies.
- Establish and maintain positive relationship / communication with other departments to promote sales growth.
- Log pertinent credit and collections activity and changes in Accounts Receivable system.
- All other duties as assigned.
KNOWLEDGE, SKILLS & ABILITIES AND WORK ENVIRONMENT :
WORK ENVIRONMENT :
Work is performed 100% in a company office building. Lifting requirements of up to 25 pounds on an occasional basis may be required. Equipment used may include but is not limited to computer, typewriter, calculator, telephone, copy and fax machines. On-site position, limited opportunity for remote access due to nature of position workflow.
TASKS :
MINIMUM REQUIREMENTS :
We are an EEOC / AA Employer. An industry leader, FMP offers well-balanced compensation and benefits programs, which may include medical, dental, vision, life, 401K, profit sharing, paid holidays / vacation / sick time, STD / LTD, much more. Salary is based on experience and job performance.
