Credit & Accounts Receivable Specialist
Prysmian•Highland Heights, KY
•Onsite
About The Position
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
- 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
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
