Credit and Collections Associate

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Element Solutions Inc (NYSE:ESI) is a leading specialty chemicals company whose operating businesses formulate a broad range of solutions that enhance the performance of products people use every day. Developed in multi-step technological processes, our innovative solutions enable our customer manufacturing processes in several key segments, including electronic circuitry, communication infrastructure, automotive systems, industrial surface finishing, and offshore energy.

Customers of our businesses use our innovation as a competitive advantage, relying on us to help them navigate in fast-paced, high-growth markets. For example, in-care technology, from infotainment to driver assistance, is accelerating the paste of new product development and automotive markets, and with a deep market expertise in electronics, we sit at the intersection of the fast-growing market, changing the competitive playing field for automotive manufacturers, with a long-standing presence.

We strive to embody the five 'Elements of our Culture'-our '5C's';
Challenge, Commit, Collaborate, Choose, and Care. These core values are the foundation of our organization which our employees embrace in their interactions with customers, colleagues and other stakeholders, to drive financial performance and create a rewarding work environment.

The US FSSC consists of a professional staff whose objective is to provide the US business units with specialized financial services including Credit and Collections services, by employing sound credit judgment to achieve company sales and profit objectives. The Credit Analyst performs a variety of duties related to both extending and monitoring customer credit and the collection of customer AR balances, in accordance with company policies and departmental procedures.

This position is an active part of a cross-functional team and may include daily interactions with various levels of personnel in Sales, Customer Service and Finance.

ESSENTIAL FUNCTIONS:

• Minimize bad debt risk, maximize accounts receivable collections
• Resolve outstanding accounts receivable issues (including disputes and discrepancies on invoices) through customer contact and coordination of collaborative efforts with Sales, Customer Service and Accounting and Executive Management
• Analyze customer financial condition and establish customer credit lines
• Prepare and issue monthly Credit and Collections KPI’s
• Approve new credit accounts by checking trade references and D&B listings
• Promptly inform management of any potential problem accounts
• Prepare and maintain accurate notes in the ERP system on all conversations with customers concerning collections etc.
• Report all pertinent credit related issues to the appropriate salesperson (inside or outside)
• Comply with SOX controls and reporting, including supporting audits
• Participate in process improvement projects, and support other management directives as prescribed

OTHER FUNCTIONS

• Analyze customer financial statements
• Negotiate customer disputes to resolution and documents root cause
• Provide customer service and develops relationships with internal/external customers and suppliers
• Maintain accurate credit files and collection files. Maintain electronic collect notes for each customer account
• Support Sarbanes Oxley audits of Credit and Collections
• Actively participates and communicates in the team-based work groups that make up the Credit Department

• Bachelor’s degree required in Accounting/Finance preferred
• Experience using ERP’s such as SAP, S/4 and JDE
• 5 years of prior experience as a Credit Analyst in a fast-paced environment, preferably in…