Credit Analyst

Russel Metals is one of the largest metals distribution companies in North America, with a growing focus on value-added processing. It carries on business in three segments: metals service centers, energy field stores and steel distributors. Its network of metals service centers carries an extensive line of metal products in a wide range of sizes, shapes and specifications, including carbon hot rolled and cold finished steel, pipe and tubular products, stainless steel, aluminum and other non-ferrous specialty metals.

Its energy field stores carry a specialized product line focused on the needs of the energy industry customers. Its steel distributors' operations act as master distributors selling steel in large volumes to other steel service centers and large equipment manufacturers mainly on an "as is" basis.

Key Responsibilities

Credit Assessment:

Review and analyze customer credit applications, financial statements, and credit histories.

Perform credit checks and assess the risk levels associated with extending credit to customers.

Evaluate customers' payment behaviors and set credit limits based on their financial stability and business history.

Credit Decision Making:

Approve or deny credit requests based on analysis and company policies.

Responsible for day-to-day review and release of credit held orders.

Determine appropriate credit terms and conditions for each customer.

Monitoring and Risk Management:

Continuously monitor customers' credit profiles to identify any potential risks.

Responsible for day-to-day collections of accounts. Follow up on overdue accounts and develop strategies for reducing bad debts.

Reporting:

Maintain accurate records of customer credit files and updates.

Prepare regular reports on credit risk, outstanding debts, and customer account status for management.

Customer Communication:

Communicate with customers regarding their credit limits, payment terms, and account status.

Address any inquiries or disputes regarding credit decisions, offering resolutions as needed.

Work with sales, finance, and other internal teams to ensure alignment on credit policies and procedures.

Assist in the development of credit policies and risk mitigation strategies.

Qualifications:

Proven experience (2-4 years) as a Credit Analyst, or in a similar role within finance or accounting.

Strong knowledge of financial analysis, credit risk management, and reporting tools.

Proficiency in MS Excel, Word and financial software (experience with ERP systems is a plus).

Excellent communication and interpersonal skills to interact with customers and internal stakeholders.

Ability to work independently, manage multiple tasks, and meet deadlines.

High attention to detail and accuracy.

Experience in a manufacturing environment is a plus.

What We Offer:

• Paid vacation
• 401(k) with company match
• Comprehensive benefits package to include Health, Dental, Vision, and Life insurance.
• Voluntary Value Share Plan (a Russel Metals stock option).

We are an equal opportunity employer, and all qualified candidates will receive consideration for employment without regard to grounds protected by law including race, national or ethnic origin, color, religion, age, sex, sexual orientation, gender identity or expression, marital status, family status, genetic characteristics and disability

#WIB

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
This employer is required to notify all applicants of their rights pursuant to federal employment laws.

For further information, please review the Know Your Rights notice from the Department of Labor.