Credit & Collections Analyst

Less than 5 years experience  • 

Salary depends on experience
Posted on 05/16/18
Fort Wayne, IN
Less than 5 years experience
Salary depends on experience
Posted on 05/16/18

Job Description

* If you want to work for a company with a passion for quality and innovation, consider Franklin Electric, or one of our companies.

* As the premier designer and manufacturer of residential, agricultural, and commercial water and fuel systems, we're making a fundamental difference in the lives of people around the world. Your career at Franklin will be well rewarded with competitive compensation and benefits--and more.

* We understand a fulfilling family life is the foundation to a successful professional one.

* We strive to promote from within and help every employee realize their professional potential.

* We believe in lifetime careers that continually challenge and fulfill.

GENERAL DESCRIPTION OF POSITION

* Responsible for evaluating the credit risk for all current and potential customers.

* Releases orders, processes credit applications, oversees collections, manages credit control, performs administrative and analytical assignments.

* Provides support on insurance related matters as needed.

ESSENTIAL DUTIES AND RESPONSIBILITIES

* Exercises prudent control and sound judgment while reviewing orders daily for possible release.

* Follows up on past-due accounts.

* Manages accounts within established terms and credit limits.

* Establishes and maintains customer credit limits within established policy parameters.

* Investigates and verifies the financial status and reputation of prospective and existing customers by reviewing and analyzing credit reports, financial statements, bank references, trade credit references, and payment history.

* Possesses a working knowledge of global credit and collection practices, including documentary collections.

* Updates and maintains the customer credit files in compliance with credit policies.

* Effectively interacts with customers, sales organizations, all levels of management, credit associations, and banks.

* Reviews periodic customer account statements.

* Prepares spreads to apply unapplied cash.

* Performs analyses and projects as assigned.

* Prioritizes and effectively manages multiple responsibilities.

Requirements

POSITION QUALIFICATIONS

Skills and Abilities

* Excellent communication skills in dealing with internal and external customers and business partners.

* Must have a customer service focus that builds and enhances positive relationships within the organization and with external parties.

* Effectively collaborates with various internal business functions to resolve issues and increase cross functional effectiveness.

* Understands basic accounting and mathematical concepts and able to perform related analyses, including financial statement analysis.

* Ability to solve practical problems with a variety of variables in situations where only limited standardization exists.

* Contributes to improvement initiatives that eliminate, simplify, standardize and automate processes.

Education and Experience

* Bachelor's degree in accounting, business administration, finance or a related field (Required)

* One to three years of experience in credit & collections, accounting or a related field (Required).

Computer Skills

* Strong computer skills with interest and ability to learn and support implementation of new systems.

* Intermediate: MS Excel, MS Word, MS Powerpoint, MS Outlook, SharePoint

* Basic: Accounting/ERP Systems.

Equal Opportunity Employer / Disability / Vet.

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