Credit and collections analyst

$65,000 - $70,000/Yr

Robert Half - Leominster, MA

Full-time

Leominster, MA

Administrative and Support Services

About the position

We are seeking a skilled Credit and Collections Analyst to manage customer accounts, process credit applications, and ensure timely collections. This role is essential in maintaining the financial health of the organization by overseeing credit lines and accounts receivable within the Commercial Credit sector in Leominster, Massachusetts.

Responsibilities

• Oversee the establishment and processing of new customer accounts.
• Regularly follow up on credit applications, including reviewing credit reports, trade activity, and references.
• Regularly establish and review credit lines.
• Daily monitor credit hold orders and take necessary action.
• Ensure prompt collection of accounts receivable to maintain suitable DSO levels.
• Arrange contract payment options for customers who are delayed in making payments.
• Identify and report high-risk accounts to the management team.
• Reconcile customer accounts and apply cash receipts correctly as needed.
• Work with other departments to resolve any disputed invoices.
• Prepare accounts receivable reports and conduct an annual review of customer accounts.
• Adapt to additional work assignments as required, demonstrating proficiency in Excel and other relevant software.

Requirements

• Proven experience as a Credit and Collections Analyst.
• Proficiency in Commercial operations related to credit.
• Demonstrable skills in Credit Analysis.
• Familiarity with processes related to Credit Approvals.
• Comprehensive understanding of Policies & Procedures related to credit.
• Knowledge and experience in Risk Management related to credit.
• Proficiency in Commercial operations related to collections.
• Experience in Collections related to credit.
• Advanced proficiency in spreadsheet software.

Benefits

• 401(k)
• Dental insurance
• Disability insurance
• Vision insurance