Senior Credit Analyst
- Job Title
- Senior Credit Analyst
- Job ID
- 27413229
- Location
- Dearborn, MI
- Other Location
- Description
-
Senior Credit Analyst
Job Summary
Possessing leadership characteristics; supports the Credit Manager with department functions; including, however not limited to on-boarding of new hires, process improvements, report and trend analysis, offering policy and procedure guidance to less seasoned team members, promoting cohesion and driving effective outcomes through accomplished metrics.Representative Responsibilities
- Maintain a senior portfolio of trade receivables based on an assigned portfolio of accounts. Selection of accounts require a more strategic effort to manage, are deemed more difficult, high profile and more profitable to the organization and have large and complex trade balances
- Conducting research and analysis to provide resolution to credit and collections; while assisting internal and external business partners on complex issues
- Ability to positively adjust to the demands of changing priorities in a fast-paced setting and inspire and lead other team members to follow
- Anticipate and resolve complex credit and collection complications independently
- Ensure accurate documentation of all engagements with customers for historical reference and potential dispute resolution
- Lead bridge building and business partnering initiatives with internal and external colleagues by developing sustainable relationships
- Participate in department projects and take an active role in cross-functional teams to assist in driving quality improvements, processes, and initiatives to achieve desired results
- Monitor metrics and continually seek out opportunities to improve departmental efficiency; including, but not limited to, implementing and maintaining up to date knowledge of best practices, benchmarking and trends; in order to make recommendations for process improvements
- Proactively provide financial order management support to Supply Chain and Sales business partners; while controlling credit exposure and ensuring business continuity
- Actively participates and contributes expertise to the team and communicates in team-based work groups and meetings
- Assist management with cash forecasting and understanding what receivables are in the pipeline
- Review financial statements, market conditions, credit reports and other available credit tools to ensure appropriate credit line exposure
- Ensure an efficient on-boarding process for new applicants, including the appropriate request and review of financial information, bank and trade references, and business credit reports
- Maintain a minimum of meets expectation to ensure satisfactory levels of achievement for both individual and departmental metrics
- Assist in month end accounting activities; providing statistical analysis and reporting
- Ensure compliance with all federal and state laws, audits and departmental policies and procedures
Required Education
- Bachelor's Degree in Finance or Accounting discipline
Required Skills & Experience
- BS/BA with a Finance or Accounting Discipline
- 5 or more years of experience in B2B Credit & Collections Environment
- Applied Knowledge of Credit & Collections Processes and Procedures
- Proficiency in MS Office Suite (VLOOKUP, Formulas, Pivot Tables)
- Preferred: Advanced Financial Statement Analysis & Credit Assessment Skills
- Preferred: Advanced Excel spreadsheet utilization, report building and complex data manipulation
- Preferred: Retail Industry Experience A Plus
- Preferred: SAP Knowledge & Application Utilization
- Ability to prioritize work and effectively work on multiple tasks in a fast paced, demanding environment under strict timelines
- Willingness to quickly shift priorities in response to business demands as well as learn new and complex work processes
- Detail and process oriented, paying close attention to detail and maintaining accuracy
- High level of professional maturity and excellent interpersonal skills
- Prudent negotiation skills exemplifying sound judgement and decision-making ability
- Proven leadership competencies and traits
- Strong written and oral communication skills
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