What are the responsibilities and job description for the Commercial Credit Analyst position at RemX?
Job Description
Job Description
Credit Analyst
Position Summary
The Credit Analyst is responsible for evaluating credit data, including financial statements, ratios, trade reports, and references, to assess the creditworthiness of customers and make informed credit recommendations. This role also involves managing collections, collaborating with Sales and the Director of Credit, and ensuring accounts remain current. Additionally, the Credit Analyst will oversee the release of orders from credit hold in compliance with internal controls and work closely with the Cash Application team to reconcile and maintain clean account records.
Essential Functions & Responsibilities
- Analyze the creditworthiness of new and existing customers, recommending credit limits and terms in alignment with company policies.
- Monitor and manage collections, ensuring alignment with company objectives for Days Sales Outstanding (DSO) and maintaining a high percentage of current accounts.
- Review and release orders on credit hold, escalating decisions to management as needed.
- Provide backup support for accurate and timely billing to the USDA, coordinating closely with internal teams.
- Respond to credit inquiries from other manufacturers.
- Assist the AR Supervisor with journal entries and reporting tasks.
Skills & Knowledge :
Education & Experience :
Company Description
Join this well established and growing firm and launch your career!
Company Description
Join this well established and growing firm and launch your career!
