Credit and Collection Analyst

Since 1985, Coilplus has dedicated itself to becoming one of the most trusted names in flat rolled Carbon steel, Stainless Steel and Aluminum processing in North America. Our customers expect nothing less than excellence and we enjoy keeping our customers satisfied and loyal. From the administrative staff through the company ownership, everyone who is a part of our Coilplus family understands that four strategic principles are what make our story a successful and prosperous one.

Responsible for working with customers from assigned division(s), finance, sales and customer service to process credit applications, collect account receivables, manage and resolve deductions and handle other credit and collections as assigned.

• Conducts credit assessments & determines credit worthiness of new and existing customers within assigned division(s) by reviewing customer Financials, Bank & Trade references, market news and using credit reports such D&B and Credit Risk Monitor . Monitors current accounts on a regular basis looking for changes in their credit worthiness. Provides updates and recommendations on existing and potential customers to internal stakeholders ensuring all levels of management know the exposure of customers current debt level and future risk of upcoming potential sales or charge-offs.
• Monitors closely those accounts that are 90+ days overdue finding creative ways to bring them back into compliance and barring that ensuring that these accounts have up-to-date assessments, so decisions about future sales and credit charge offs are based on the latest information. Provides division statistics and information on specific divisional customers to Credit and Collection leaders so they can develop pertinent reports for senior management.
• Maintains and updates credit process documentation including creating and updating customer information in the Stratix and AS400 systems. Ensures there is a clean data base of all completed credit files.
• Monitors credit limits for assigned division customers making sure that that their available credit hasn’t expired and that the customers haven’t exceeded their credit limits. Reviews orders on hold and works with the customers and sales representatives on what payments are needed to release orders for shipments. Sees that sales and operations are notified when customers fail to meet predefined payment requirements, so shipments can be stopped.

• Excellent problem-solving, analytical, and critical thinking skills
• Ability to effectively communicate to senior management through verbal, written and presentation decks
• Ability to professionally and effectively communicate with delinquent accounts is needed to bring them back into compliance with Coilplus credit standards.
• Solid time management skills including strong multi-tasking and prioritization skills are required
• Collaborative & relationship building skills with the ability to listen is needed to be effective in this role.
• Work authorization:
  United States (Required)

• BA preferably in Finance or Accounting
• 3 - 5 years in risk management in ever increasing areas of responsibilities.
• Proven track record providing credit assessments and collecting outstanding debt in mid-size to large companies.