What are the responsibilities and job description for the Account Receivable Credit Coordinator position at HMM America?
Who We Are
HMM is a leading global shipping company operating over 130 state-of-the-art vessels encompassing more than 50 sea routes to over 100 ports of call. HMM strategically collaborates with customers to develop customized supply chain solutions for dry, refrigerated and other specialized cargo.
HMM is currently ranked Top 8 global ocean carriers in terms of service network and market capacity. HMM has formed a global business network of vessels, terminals, railroads, trucks and offices around the world. HMM is highly regarded as one of the world's top integrated-logistics companies with a commitment to operational excellence by our team of industry professionals and state of the art technology.
General Position Overview
A credit coordinator plays a vital role in ensuring the financial stability and sustainability of an organization. They are responsible for assessing and managing credit risk and maintaining the company’s creditworthiness. Credit specialists work with internal and external clients to evaluate credit applications, perform credit analysis and make credit decisions. They also monitor and analyze credit data and make recommendations for improvements to the credit risk management process.
Essential Job Functions/Duties
ESSENTIAL SKILLS
HMM is a leading global shipping company operating over 130 state-of-the-art vessels encompassing more than 50 sea routes to over 100 ports of call. HMM strategically collaborates with customers to develop customized supply chain solutions for dry, refrigerated and other specialized cargo.
HMM is currently ranked Top 8 global ocean carriers in terms of service network and market capacity. HMM has formed a global business network of vessels, terminals, railroads, trucks and offices around the world. HMM is highly regarded as one of the world's top integrated-logistics companies with a commitment to operational excellence by our team of industry professionals and state of the art technology.
General Position Overview
A credit coordinator plays a vital role in ensuring the financial stability and sustainability of an organization. They are responsible for assessing and managing credit risk and maintaining the company’s creditworthiness. Credit specialists work with internal and external clients to evaluate credit applications, perform credit analysis and make credit decisions. They also monitor and analyze credit data and make recommendations for improvements to the credit risk management process.
Essential Job Functions/Duties
- Review of customer credit documents/accounts for accuracy.
- Communicating with Sales rep per Standard Operating Procedure (SOP) for credit
- Responsible for timely review of all customer credit requests to run business credit reports.
- Complete independent analysis and risk assessments for both prospective new customers and existing relationships.
- Make recommendations to Accounts Receivable, Accounting, and Sales Leadership regarding credit terms based on report findings.
- Participate in the initial and final structuring of credit processing.
- Evaluate the credit risk of the commercial portfolio in performance of the Quarterly, Bi-Annual, and annual reviews of all accounts based on the risk category (Low, Medium, and High Risk).
- Identify developing problem accounts that show a deterioration in their overall credit Score within a timely manner to minimize losses.
- Assign risk grades to individual customer accounts.
- Performs other duties as assigned.
ESSENTIAL SKILLS
- Strong time management and attention to detail
- Exercises judgment on credit analysis reviews.
- Advanced proficiency with Microsoft Excel.
- 2 years of credit analyst/loan review experience preferred.
- 2 years of General AR experience.
- Experience with Credit Management & Accounting tools including Dun & Bradstreet
- Advanced analytical knowledge with an ability to interpret analytics and make deductions on facts and circumstances.
- Excellent communication skills (verbal and written) with an ability to communicate with all levels of the organization.
- Work performed in an office environment where the noise level is moderate. Regularly required to stand, sit, and walk around the office. Frequently required to work on a computer. Occasionally required to use force to lift, push and pull up to 20 pounds.
