Credit & Accounts Receivable Analyst

Prysmian•Highland Heights, KY

3d•Onsite

About The Position

Prysmian is the world leader in the energy and telecom cable systems industry. Each year, the company manufactures thousands of miles of underground and submarine cables and systems for power transmission and distribution, as well as medium low voltage cables for the construction and infrastructure sectors. We also produce a comprehensive range of optical fibers, copper cables and connectivity for voice, video and data transmission for the telecommunication sector. We are 30,000 employees, across 50+ countries. Everyone at Prysmian has the potential to make their mark; because whatever you do, wherever you are based, you will be part of a company that is helping transform the world around us. At Prysmian Group, we offer our employees opportunities to sharpen their skills every day through rich assignments, focused performance-driven training and a highly interactive, relationship-driven team environment. Our employees are exposed to a wide range of experiences and are encouraged to express their ideas for continuous improvement. Overview: Prysmian Group is seeking a Credit Specialist who will work to minimize bad debt risk while maximizing accounts receivable collections. This role will also work to ensure payment terms are adhered to within assigned portfolio of accounts and review A/R aging reports to determine account status and initiate collection procedures to further reduce past dues.

Requirements

Bachelor’s Degree in Business, Accounting, Finance, or related field (or equivalent work experience)
Minimum 2 years of credit/collections experience
Working knowledge and application of all terms and conditions as they relate to collections and payment terms
Strong attention to detail
Effective customer service skills
Proficient utilization of Microsoft Excel (pivot tables, vlookup, if/and statements, etc.)

Nice To Haves

3-5 years of credit/collections experience
Strong knowledge and application of all terms and conditions as they relate to collections and payment terms
1-2 years financial statement analysis experience
SAP Experience
A/S 400 Experience

Responsibilities

Analyze requests for credit extension on new and existing accounts.
Establish credit lines and risk classes - Analysis will include financial records such as Income Statement, Cash flow Statement, Balance sheet and purchases of the company, payment habits, trade references, discussions with CFO, Internet Searches, etc.
Obtain Insurance, cross company guaranties, PMSI’s,etc as appropriate to mitigate risk
Enter invoices in 3rd party systems
Researching unapplied cash
Review A/R aging report to determine status of collections and follows up on assigned past due accounts
Documents and initiates offsets and recommends write-offs to be processed
Minimize bad debt risk while maximizing accounts receivable collections
Negotiate customer disputes to resolution and document root causes
Maintain accurate credit and collection files
Reconciling cash transactions & third-party remittances
Other special projects as requested