Accounts Receivable/Credit Analyst

$50,000 - $65,000/Yr

Bleuwave - Tempe, AZ

Full-time

Tempe, AZ

About the position

The Accounts Receivable (AR) Credit Analyst will manage and oversee the AR functions within our construction company, focusing on credit risk assessment, monitoring account collections, and maintaining positive customer relationships. This role ensures accurate and timely receivable processing while minimizing credit risk. You will collaborate closely with project managers, the finance team, and clients to support cash flow and improve financial stability.

Responsibilities

• Evaluate new and existing customers' creditworthiness by reviewing financial statements, credit reports, and payment histories.
• Establish credit limits and terms for customers in alignment with company policies and industry standards.
• Recommend adjustments to credit limits based on changing risk assessments.
• Process and manage all accounts receivable transactions, ensuring accurate billing and payment application.
• Maintain aging reports, monitor outstanding balances, and address delinquent accounts promptly.
• Reconcile accounts to resolve discrepancies and investigate any billing issues with project managers or clients.
• Contact customers regarding overdue payments in a professional manner, maintaining positive client relationships.
• Develop and implement effective collection strategies to reduce past-due accounts.
• Coordinate with the sales and project teams to resolve issues delaying payment and provide updated AR information.
• Prepare regular AR and collection reports for management, highlighting key issues and trends.
• Perform variance analysis on AR and credit KPIs, such as DSO (Days Sales Outstanding), aging buckets, and bad debt provisions.
• Provide insights on collection performance and offer recommendations for improvement.
• Assist in the development and enforcement of credit and collections policies, ensuring adherence to industry and company standards.
• Ensure compliance with company policies and procedures and maintain accurate records for auditing purposes.
• Stay up to date on construction industry trends and economic changes impacting AR and credit risks.

Requirements

• Bachelor's degree in accounting, Business Administration, or a related field.
• 3-5 years of experience in accounts receivable, credit analysis, or collections, preferably within the construction or similar industry.
• Experience with financial analysis and understanding of construction billing and payment structures, including lien waivers and progress billing, is an advantage.
• Strong analytical skills and attention to detail.
• Excellent communication and negotiation skills for collections and client management.
• Proficient in Microsoft Excel, ERP systems, and accounting software such as QuickBooks online or Sage.

Nice-to-haves

• Credit analysis: 3 years (Preferred)
• Collections: 3 years (Preferred)

Benefits

• 401(k)
• 401(k) matching
• Dental insurance
• Disability insurance
• Employee assistance program
• Health insurance
• Health savings account
• Life insurance
• Paid time off
• Vision insurance