Job description
"WORLDPAC Credit Analyst"
Worldpac National Hiring Event September 9th!!! Apply via WorldpacCareers.com or easy apply through Indeed. Remote interviews will be scheduled for qualified candidates! Great opportunity for a finance professional!
The Credit Analyst is responsible for monitoring, managing and maintaining the risk portfolio for accounts receivables. The Analyst Performs credit risk reviews as well as investigations and is responsible to make timely credit related recommendations and decisions as applicable. The role is responsible to mitigate company bad debt risk.
The role will work closely with internal Credit team members, Commercial Sales and Customer First teams as necessary to review customer credit limits. The analyst will work with Collections management team on proper escalation of customers with payment issues. A strong customer service mindset is required for success.
The Credit Analyst will work closely with cross-functional departments and Credit team members to coordinate daily workflow and ensure compliance with SLAs. This role will work closely with key customers and the cross-functional teams to understand and resolve issues while adhering to established company policies and procedures.
While other duties may be assigned, the ESSENTIAL DUTIES & RESPONSIBILITIES include the following:
- Process requests for new customers credit limits based on recommendation per credit check; D&B, Experian, financial statement analysis and other credit tools
- Meet established SLA’s and KPI’s for credit risk evaluation processes
- Monitoring credit terms and limits by conducting periodic reviews based upon business needs, established policies and procedures and changes in customer risk profile
- Assist sales and Customer First teams as it related to credit lines and the approval process
- Assist in system enhancement/conversion testing as needed
- Develop awareness of the customer’s business and financial standing in the marketplace to support the credit review process
- Involved in reviewing the A/R portfolio to specifically identify and recommend accounts for Bad Debt reserve accrual for manager approval
- Analyze historical data to spot trends and problem areas that can be communicated to Commercial and Operations; aiding efforts to improve business processes and contract negotiations
- Assist with necessary customer communications
- Ability to organize and interpret data as well as communicating analytic results/recommendations
- Able to manage multiple tasks simultaneously to completion with sound business judgment
- Ability to develop ad-hoc and monthly reports and utilize data as it relates to credit risk
- Assist in internal and external SOX audit support as needed
- Ability to provide constructive feedback to management related to Credit Administrator team members
- Assist in internal and external SOX audit support as needed
- Special projects as assigned
WORK WEEK
The regular workweek is forty hours, however, requirements of the position may warrant extended work hours. Associate must be available to work Saturdays.
QUALIFICATIONS
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
EDUCATION AND/OR EXPERIENCE
- Minimum BBA/BS degree in Business related field preferred, or equivalent experience in lieu of degree
- Minimum of five years relevant, applicable and transferable experience in a corporate and/or Shared Services environment or equivalent
- Able to read and interpret complex financial statements
- Able to read and interpret complex contractual agreements
- Knowledge of transactional processes and systems
- Strong analytical capabilities and attention to detail
- Ability to interpret a variety of instructions furnished in written, oral, diagram, or schedule form.
- Excellent communicator with all levels of organization
- Exceptional interpersonal and customer service skills
- Excellent negotiation & problem-solving skills
- Ability to handle confidential and sensitive information
- Exposure to AS400 accounts receivable systems or large ERP
- NACM CBA, CBF designation desirable
- Strong working knowledge of Microsoft Excel, Word and Outlook
Core Competencies:
- Customer Service Mentality; ability to build collaborative relationships with customers and internal business partners (Finance, Commercial, Accounting…..)
- Leads by example
- Clear and concise communication skills
- Self-starter
- High Level of Accountability
- Organization-wide Perspective
- Results Orientation
- Financial Business Acumen
- Conceptual Thinking
- Process Improvement Mindset
- GAAP Accounting Knowledge
PHYSICAL DEMANDS
- While performing the duties of this job, the associate is regularly required to talk, hear, stand, walk and use hands to finger, handle or feel objects, tools or controls.
- The associate frequently is required to reach with hands and arms.
- The associate is frequently required to sit and occasionally required to climb or balance; and stoop, kneel and crouch.
- The associate must regularly lift and/or move up to 10 pounds and occasionally lift and/or move up to 25 pounds.
- Specific vision abilities required by this job include reading vision for computer monitor and hard copy print.
Job Type: Full-time
Pay: $65,000.00 - $75,000.00 per year
Benefits:
- Dental insurance
- Employee assistance program
- Flexible spending account
- Health insurance
- Health savings account
- Life insurance
- Paid time off
- Parental leave
- Referral program
- Vision insurance
Schedule:
- 10 hour shift
- 8 hour shift
- Day shift
- Monday to Friday
Work Location: Remote
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