Credit Analyst

Uniforce Staffing Solutions - Montvale, NJ

Full-time - Entry Level

Montvale, NJ

Administrative and Support Services

About the position

The Credit Analyst position at an international consumer products company involves reviewing and updating customer credit files, requiring strong analytical, quantitative, and technical skills. The role focuses on assessing creditworthiness, implementing credit policies, and managing collections to minimize financial risk.

Responsibilities

• Release orders based on credit availability
• Analyze financial statements in conjunction with credit risk analysis
• Determine overall credit worthiness
• Implement credit-related policies as appropriate
• Handle portfolio of assigned accounts
• Gather and analyze credit and/or other data to determine impact on business operations, as appropriate
• Make recommendations for credit limits based on availability of credit insurance, payment history, trade references, third party sources, and other credit tools, as applicable
• Evaluate and implement internal and external credit scoring models using both traditional and other predictive technologies
• Participate in and contribute to projects to develop recommendations for credit policy, credit/data support systems and provide revenue, cost, delinquency, and loss forecasts
• Interface with customers and other departments to develop strategies to prevent problems and develop solutions to correct existing problems
• Handle weekly collections emails to accounts (based on aging report)
• Regularly reviews the status of past-due accounts and makes a decision on collection efforts in order to minimize risk
• Generates various receivable reports utilizing variants and databases which identify high exposure and or problem accounts

Requirements

• Must have basic knowledge and understanding of financial statements
• Strong organizational, analytical, problem-solving, verbal and written communication skills
• Intermediate with Excel (Vlookups, Pivot Tables)