Credit Analyst

Berlin Packaging Canada Corporation•Mississauga, ON

10d•CA$60,000 - CA$75,000•Hybrid

About The Position

The Credit Analyst is responsible for managing the company’s financial risk of extending credit for specific business units and promote strong cash collections by properly enforcing customers payment terms.

Requirements

Bachelor’s degree in business or finance or the equivalent experience.
Five to seven years of commercial credit and collection experience.
Basic accounting knowledge.
Follow-up skills, attention to detail, ability to multi-task, and possesses a high sense of urgency.
Must be able to work independently as well as in a group setting with minimal supervision.
Proficiency with Microsoft Excel.
Strong business judgment and knowledge of credit and collection tools and techniques.
Ability to effectively communicate to all audiences.
Ability and desire to motivate team members whether a direct report or not.

Responsibilities

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 $500K.
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 work with internal business partners to resolve customer issues where necessary.
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 need temporary extended payment plans.
Validate orders, which are placed on hold by ERP at the time of order entry.
Ensure credit exposure for ongoing customers are maintained within their approved limits.
Build new and strengthen existing relationships with customers, both internal and external.
Assist immediate manager in presenting credit related training sessions.
Prepare monthly reports of past due accounts and other various reports as required.
Effectively negotiate in complex customer situations with assistance from immediate manager.
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.
Promote sales growth by using discretion and professional judgement to prevent credit & collection efforts from adversely affecting customer relations.
Fulfill employee portion of the “Berlin T-Chart”.
Meet or exceed individual KPI goals with which include, but not limited to DSO, % current, Bad Debt Expense, and Cash Collections
Other duties assigned by manager.