Credit Analyst

Full Time
Saint Joseph, MI 49085
Posted
Job description

WHO ARE WE?

Consolidated Electrical Distributors, Inc. (CED) is one of the nation’s largest electrical supply distribution networks, with over 700 locations across the United States. We sell and distribute just about every piece of equipment that keeps your lights on, your energy flowing, and your lifestyle comfortable.

CREDIT ANALYST

A Credit Analyst assists in protecting the financial assets of the company within CED Credit Offices. The desired candidate will use discretion and independent judgment to investigate credit granting, manage a portfolio of receivable accounts, and review and execute legal documents on the behalf of CED. The ideal candidate requires self-motivation, must prioritize effectively, and work successfully with minimal supervision.

REPORTS TO: Division Credit Manager

MINIMUM QUALIFICATIONS:

  • Proficiency with MS Excel
  • Excellent math skills
  • Experience in credit and collections
  • Excellent ability to read, write, and speak English

PREFERRED QUALIFICATIONS:

  • College degree - will consider related experience in lieu of degree
  • Strong negotiation skills
  • Proficiency with Microsoft Office Suite software
  • Detail oriented
  • Ability to solve problems
  • Must be a self-starter who can handle a heavy volume of work and be able to handle multiple tasks at the same time

WORKING CONDITIONS:

  • Largely sedentary role in an office environment
  • Routine use of office equipment such as computers, phones, photocopiers, fax machines, filing cabinets

SUPERVISORY RESPONSIBILITIES: No

ESSENTIAL JOB FUNCTIONS:

  • Be able to manage a large accounts receivable portfolio which includes negotiating, financial review, and creating plans of action with customers and the Division Credit Manager.
  • Recommend best method of collection on delinquent accounts in collaboration with the Division Credit Manager and PC Manager.
  • Ability to review credit applications for credit granting and establishing credit limits.
  • Process job accounts and send preliminary lien notices as required by state statue and directed by the credit manager.
  • Escalating collection activities as required by business circumstances.
  • Prepare bank deposits and post customer payments.
  • Assisting the Division Credit Manager to maintain and enforce CED’s lien and bond rights for secured projects.
  • Using experience and customer knowledge to determine the proper time to place accounts on credit hold in collaboration with the Division Credit Manager and PC Manager.
  • Negotiating differences with customers and making arrangements for payment and dispute resolution.
  • Answer and direct phone calls, fax distribution, process incoming and outgoing mail.
  • Presenting "payment, status, plan" reports and information to management for quarterly credit meetings.
  • Respond to credit inquiries about our customers.
  • Maintaining professional relationships with Managers and external customers.

NOTE: Because positions may evolve due to the needs of the business, this job description may not list all essential functions and is not designed to contain a comprehensive listing of all required activities, duties, or responsibilities. Other essential functions, duties, responsibilities, and activities may be assigned at any time; with or without notice.

CED is an Equal Opportunity Employer - Disability | Veteran

Job Type: Full-time

Pay: $50,000.00 - $55,000.00 per year

Benefits:

  • 401(k)
  • 401(k) matching
  • Dental insurance
  • Health insurance
  • Health savings account
  • Life insurance
  • Paid time off
  • Parental leave
  • Vision insurance

Schedule:

  • 8 hour shift

Supplemental pay types:

  • Bonus pay

Work Location: One location

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