Senior Credit Analyst

The Senior Credit Analyst is responsible for the quantitative and qualitative analysis of applicant requests for a line of credit. The Senior Credit Analyst will assess collateral values, credit risk, and prepare and deliver written credit approval or denial correspondence. The Senior Credit Analyst will develop models of credit information to predict patterns and trends using our ERP system (SAP), credit scoring model, business object reporting and Excel. The Sr. Credit Analyst will manage and maintain third party collections process, bankruptcy process, and escheat process in conjunction with the Financial Services Director, Financial Services Collection Manager, and the Finance team. The Senior Credit Analyst will train new credit team members, perform systemic customer master updates on new and existing accounts and maintain credit data integrity. 

• Analyze customer’s financial condition (credit data and financial statements) authorizing customer credit lines =< $1.5MM minimizing bad debt risk, maximizing accounts receivable collections. 

• Analyze customer’s financial condition (credit data and financial statements) obtaining Financial Services Director authorization on customer credit lines in excess of $1.5MM but =< $2.5MMM. 

• Analyze customer’s financial condition (credit data and financial statements) obtaining Controller authorization on customer credit lines in excess of $2.5 MM but =< $5MM. 

• Analyze customer’s financial condition (credit data and financial statements) obtaining CFO authorization on customer credit lines in excess of $5MM. 

• Develop models of credit information to predict patterns and trends on current customer base utilizing performance tools (SAP/D&B) to assess customers’ financial status and mitigate risk. 

• Monitor and maintain SAP functionality as it pertains to the Credit Department to ensure an efficient and effective tool to assist the team in their daily responsibilities. 

• Perform Customer Master audits and updates in SAP including maintaining business partner data input including but not limited to coordinator account assignment, credit limit, risk class, credit block, ZGR6, and payment terms. 

• Manage and maintain bankruptcy process including but not limited to current and historical reporting, invoice management, payment management, and batch creation for cash applications, fees, and recovery, as required. 

• Manage and maintain third party collection process including but not limited to current and historical reporting, invoice management, payment management, and batch creation for cash applications, fees, and recovery, as required. 

• Manage and maintain Escheat process in conjunction with Financial Services Director, Financial Services Collection Manager and Finance team including but not limited to current and historical reporting, payment/credit memo management, and batch creation for cash application, fees, and recovery, as required. 

• Manage and maintain weekly reporting for third party collection activities, bankruptcies, escheat, management accounts, and credit watch. 

• Support all internal and external financial audit activities associated with accounts receivables, ensuring all data requested is accurate and provided promptly, as requested by the Finance team. 

• Engages and works with Sales Representatives in negotiation of customer payments and credit limits. Research and resolve customer and/or internal inquiries or disputes, as it relates to the extension of credit. 

• Adheres specifically to all company policies and procedures, Federal and State regulations, and laws. • Display dedication to position responsibilities and achieve assigned goals and objectives. 

 • Bachelor’s Degree in in Business, Accounting, Healthcare Administration or a related field of study. 

• Excellent knowledge of credit and collection principles such as credit exposure, risk monitoring, bankruptcy laws, corporate credit applications, and analysis dealing with a tangible product (vs. a financial product). 

• GAAP and applied accounting principles in the interpretation of customer financial statements with strong attention to detail and accuracy. • Must have knowledge of accounting principles used in the interpretation of customer financial statements. 

• Must have working knowledge and be familiar with various forms of Bankruptcy including record keeping. 

 • Must have seven (7) or more years of Credit and Collections experience, including analysis of customers’ financial condition along with their D&B Report and the authorization of customer credit limits for a tangible product. 

• Must have five (5) or more years of experience utilizing Microsoft Office (advanced level), SAP, D&B, Internet and related computer skills. 

• Must have experience and working knowledge dealing with 3rd party collection agencies. 

Preferred Experience: • Healthcare industry experience preferred.  

Salary - 65K-85K

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