Credit Analyst ONS- Birmingham, AL or Mobile, AL

all O'Neal Industries' Affiliates•Birmingham, AL

12d•Onsite

About The Position

O'Neal Steel has an open position for Credit Analyst at our Corporate office in Birmingham, AL or Mobile, AL facility Responsible for credit decisions on assigned customers within approval authority limitations. For accounts outside credit limit scope, gather supporting credit information, analyze, and recommend credit exposure. Perform periodic credit reviews on assigned customers based on customer’s risk profile. Handle complex customer issues which may involve payment analysis, deductions, etc. Assist in achieving or improving Team’s stated collection and bad debt exposure objectives.

Requirements

Above average verbal and written communication, analysis and interpretation, interpersonal, motivation, negotiating, organization, problem solving, judgment and decision making.
Well versed with personal computer applications (Excel, Word etc.)
Conversational English
Concentration and productivity in high pressure situations
Sedentary work, fingering, grasping, talking, hearing, and repetitive motions.
Not substantially exposed to adverse environmental conditions
Bachelor’s degree or Associate’s degree in Accounting, Finance, or Business Administration or equivalent experience
Minimum 3 years of Credit or equivalent business experience with increasing levels of responsibility commensurate with responsibilities described above.
Understanding of credit risk, financial statements, and collection practices.
Upon offer of employment, candidates must pass a criminal background check and drug test.

Nice To Haves

JD Edwards/One World
Microsoft Office/Microsoft Dynamics
Cforia

Responsibilities

Establish and maintain credit exposure for assigned customers or region up to approval limits – by determining, approving, and reviewing credit exposure to ensure that O’Neal is within acceptable business risk parameters.
Ensure that credit analysis/decisions or customer requests are being handled in an expeditious manner.
Act within the bounds of the credit policy.
Analyze customer financial information whether from the customer or from third-party sources to determine a customer’s financial strength and ability to pay.
Refer accounts which may need additional security (such as letter of credit, personal guaranty, lien rights, etc.) to the Credit Manager and assist in obtaining such security items.
Ensure that customer files are complete, up-to-date based on a customer’s risk profile, and maintained in an electronic format.
Ensure customers are set-up/updated on ERP system in an accurate, compete, and timely manner.
Ensure that all additional security documents such as letters of credit, personal guarantees, lien documents, etc. are adequately safeguarded.
Initiate the review of a current customer’s credit needs by monitoring sales growth, payment terms, pending orders, etc. so that credit holds are in sync with reducing unfavorable business risk and not hampering the processing of orders for customers which are creditworthy.
Develop close contact with customers and O’Neal Sales personnel to maintain good working relations, promote sales growth, and minimize business risk which will require direct contact with customers and Sales personnel and may require periodic customer visits as directed by the Credit Manager
Initiate the collection of past due accounts for assigned customers (generally more complex in nature) and guide Collection Specialist in the collection of more routine accounts.
Ensure that the collection efforts (which include bad debt recoveries) are being carried out in a timely manner by effectively using customer calls, correspondence, automated processes, third-party collectors/attorneys, etc.
Research and resolve customer deductions and/or disputes.
Assist the Credit Manager with the hand-off of delinquent customer accounts to third-party collectors or attorneys and monitor such collection efforts.
Assist Team in meeting or beating established key performance indicators (KPI’s) and other benchmarks or objectives; and when necessary, assist Credit Manager in initiating steps to improve such performance.
Assist Credit Manager in credit/collection reporting.
Assist other team members or credit teams as requested by the Credit Manager.
Attend and participate in O’Neal Credit meetings and credit association meetings, as directed by the Credit Manager.
Embrace LEAN initiatives to seek continuous improvement which will add value for our customers, will lower costs, and will improve efficiencies.
Release credit holds upon satisfaction of a customer’s creditworthiness, payment plan, etc.
Recommend the write-off of customer accounts which have exhausted reasonable collection efforts in accordance with the Credit Policy.