Credit Analyst
About The Position
Priority1 strives to go beyond simply offering jobs. We foster careers by creating a great working environment for our team members. We hire talented individuals who will provide the best support and can quickly adapt to the rapidly changing world of logistics. These talented men and women drive our business, and we are committed to their success. Summary: The Credit Analyst role provides analytical and credit evaluation support for the Financial Services team including an independent analysis of creditworthiness for new and existing customers. Responsibilities include: Approving and controlling extension of credit to customers, validating billing requirements and promoting efficient payment processes, maintaining professional relationships with internal and external contacts, including support, sales and customers. Priority1 specializes in consulting and managing domestic less than truckload and truckload operations for small to large shippers in North America. Description: Approve and control extension of credit for new and existing customers per LOA guidelines. Reviews existing customer base on monthly basis to ensure adequate credit limits are provided to customers nearing their limit. Confirm billing requirements and ensuring our billing system is set up correctly for new customers while promoting best payment practices such as ACH or Online Payments. Communicate with Internal partners on credit decisions and ensure timely review of pending credit requests Review and approve extended terms requests per LOA guidelines Participates in periodic reviews with financial services leadership and take necessary action to improve performance. Prepare narrative analysis of findings and recommendations for any credit request which exceeds their LOA. Review accounts on credit hold by assessing credit worthiness of customers, including financial ratings, open invoices, in-process payments and backlog, and make recommendations for order release to supervisor. Provides administrative support for financial services leadership, Credit reviews, ad-hoc reporting, routine tasks for top accounts, etc.
Requirements
- Credit, Accounts Receivable, accounting, finance or general business; 3+ years required; 5+ years preferred.
- Abilities required: Microsoft Office, including Outlook, Excel, and Word, and familiarity with an ERP platform (e.g., Oracle, Sage, AS400 etc.) - knowledge of Microsoft Dynamics GP preferred but not required
- Strong written, oral communication and interpersonal skills with a positive disposition; required.
- Willingness to accommodate temporary changes in the normal working hours as required by workflow; required.
Nice To Haves
- knowledge of Microsoft Dynamics GP preferred but not required
Responsibilities
- Approve and control extension of credit for new and existing customers per LOA guidelines.
- Reviews existing customer base on monthly basis to ensure adequate credit limits are provided to customers nearing their limit.
- Confirm billing requirements and ensuring our billing system is set up correctly for new customers while promoting best payment practices such as ACH or Online Payments.
- Communicate with Internal partners on credit decisions and ensure timely review of pending credit requests
- Review and approve extended terms requests per LOA guidelines
- Participates in periodic reviews with financial services leadership and take necessary action to improve performance.
- Prepare narrative analysis of findings and recommendations for any credit request which exceeds their LOA.
- Review accounts on credit hold by assessing credit worthiness of customers, including financial ratings, open invoices, in-process payments and backlog, and make recommendations for order release to supervisor.
- Provides administrative support for financial services leadership, Credit reviews, ad-hoc reporting, routine tasks for top accounts, etc.
Benefits
- Competitive base plus commissions
- Medical Insurance with premiums paid at 100% for employees AND dependents
- Dental Insurance 100% paid for Employee
- Vision Insurance
- HSA with Employer Contributions
- Life Insurance
- Short Term Disability
- Long Term Disability
- 401(k) Plan
- Profit Sharing: Typical annual contribution of 15% of total eligible compensation
- Paid Holidays AND PTO
- Cancer, Critical Illness, and Accident Policies available
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Education Level
No Education Listed
