Credit Analyst I

Stolle Machinery Company•Centennial, CO

About The Position

Responsible for analyzing credit and financial reports to determine risk involved in extending credit. Ensures that letter of credits are processed timely and accurately.

Requirements

High School Diploma
4 year degree Preferred
Some technical Training
5 - 10 years of experience in credit and collections accounts receivable environment
Excel/Word-Intermediate Level
Analytical and problem solving skills
Attention to detail
Organization skills and the ability to prioritize tasks to meet deadlines
Communication skills to interact professionally and effectively with management, customers, and co-workers

Responsibilities

Analyze, assess and report on risk of potential new and existing accounts.
Review customer account information to identify accounts with potential credit line increase and accounts with potential risk and makes recommendations to management regarding risk reduction strategies.
Prepare reports for AR review by management of accounts as needed. Provide training and assistance to new and credit analyst I team members in this process.
Review unresolved customer credit issues. Also develop internal relationships with customer service and sales personnel in order to execute customer credit issues
Provide Statements, Account History, etc. as needed.
Review and release of pending sales orders. Coordinate communication with Customer Service. Provide training and assistance to new and credit analyst I team members in this process.
Manage/Process Customer Deposits and Payment in Advance Orders. Provide customer reports as necessary.
Maintain Customer Accounts regarding bill-to/ship-to information, sales tax, terms.
Provide current payment information to Staff Accountant to assist in cash forecasting.
Maintain Company policies and procedures and uphold confidentiality.
Letters of Credit: Reviews contract terms for LC Customers and provide recommendations to the Sales team if perhaps an LC would not be necessary for a particular customer. Create LC Template for Customer, Review and Accept Draft of LC from Customer, provides support for as necessary, and follows LC until funded.
Additional responsibilities and duties may be assigned.