Consolidated Electrical Distributors Credit Analyst in St. Joseph, Michigan
Job title: Credit Analyst
Job ID: 202098410002
Department: Michigan Credit
Location: MI-St. Joseph
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.
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
Proficiency with MS Excel
Excellent math skills
Experience in credit and collections
Excellent ability to read, write, and speak English
College degree - will consider related experience in lieu of degree
Strong negotiation skills
Proficiency with Microsoft Office Suite software
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
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.
CED is an Equal Opportunity Employer - Disability | Veteran