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Senior Credit Analyst - Chicago, IL

Berlin Packaging Chicago ,IL
  • Posted: June 27, 2020
  • Full-Time

In order to continue our record growth streak,

we need people like YOU to join our team! Are you up for the opportunity of a lifetime? If so, we are seeking a Senior Credit Analyst who will be responsible for managing the company's financial risk of extending credit for specific business units and ensure customers adhere to payment terms.

Key Accountabilities:

  • Manage credit and collection activities for portfolio of business unit(s) including processing new credit applications by reviewing credit data and approving credit limits for new and existing customers up to $350,000.
  • Ensure compliance of payment terms, timely dispute resolution, and perform account reconciliation by reviewing aging reports weekly. Schedule frequent communication with sales and operations to coordinate plan for corrective action.
  • Address delinquent payments by contacting customers and working internally with salespeople and account coordinators for dispute resolution. Monitor for signs of financial problems and report to immediate manager an action plan to mitigate risk.
  • Prepare and follow through payment schedules for customers who are in need of temporary extended payment plans.
  • Validate orders, which are placed on hold by Fortitude ERP at the time of order entry.
  • Ensure credit exposure for ongoing customers are maintained within their approved limits.
  • Build new and strengthen relationships with customers, both internal and external.
  • Ability to review financials with assistance from immediate manager.
  • Prepare monthly reports of past due accounts and other various reports as required.
  • Effectively negotiate in complex customer situations with minimal guidance and ability to see results to completion.
  • Recommend and implement credit and operational processes & procedures for continuous improvements by collaborating with various departments including leveraging technology where appropriate.
  • Provide accurate customer trade references.
  • Accept responsibility for managing higher credit risks and dealing with complex customer relationships.
  • Prepare credit related training materials and conduct training sessions for various members of the organization.
  • Meet or exceed individual KPI goals with which include, but not limited to DSO, % current, Bad Debt Expense, and cost savings initiatives.
  • Fulfill employee portion of the “Berlin T-Chart”.
  • Periodically present monthly results to Corporate staff.
  • Knowledge, Skills, Abilities:

  • Bachelor’s degree in business or finance or the equivalent experience.
  • Minimum Three to five years of commercial credit and collection experience.
  • Basic accounting, financial statement, and bankruptcy knowledge.
  • Follow-up skills, attention to detail, ability to multi-task, and possesses a high sense of urgency.
  • Interpersonal effectiveness and time management skills. Must be able to work independently as well as in a group setting with minimal supervision.
  • Intermediate/Advanced level proficiency with Microsoft Excel.
  • Strong business judgment and knowledge of credit and collection tools and techniques.
  • Ability to communicate to large audiences.
  • Ability to motivate credit team members whether a direct report or not.
  • Working Environment: 

  • Work in a fast-paced office environment. Limited travel is required.
  • Berlin offers an outstanding compensation and benefits package including profit sharing, 401(k) with company match, medical insurance (including an HSA option and telemedicine), dental, vision, life insurance, short- and long-term disability, paid parental leave, health club reimbursement, tuition reimbursement, 529 college savings plan, employee assistance, smoking cessation program, pet insurance (new!), employee discounts, employee referral bonus program, and, last but not least, flexible spending accounts for transportation, medical, and dependent care.

     Berlin Packaging provides equal employment opportunities for all employees and applicants for employment without regard to race, color, creed, religion, national origin, ancestry, citizenship status, age, sex or gender (including pregnancy, childbirth and related medical conditions), gender identity or gender expression (including transgender status), sexual orientation, marital status, military service and veteran status, physical or mental disability, protected medical condition as defined by applicable state or local law, genetic information, or any other characteristic protected by applicable federal, state, or local laws and ordinances.

    Berlin Packaging

    Address

    Chicago, IL
    USA

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