Credit Analyst

Cleveland-Cliffs•Burns Harbor, IN

11d•$67,000 - $77,000•Onsite

About The Position

Cleveland-Cliffs is looking for a Credit Analyst to manage and oversee business-to-business Credit and Collections activities for a defined portfolio of customers. The salary range for this role is $67,000-$77,000. An employee’s pay within the salary range will be based on numerous factors, including, but not limited to, relevant education, qualifications, experience, skills, geographic location, and business or organizational needs. Cleveland-Cliffs Inc. is the largest flat-rolled steel company and the largest iron ore pellet producer in North America. The Company is vertically integrated from mined raw materials, direct reduced iron, and ferrous scrap to primary steelmaking and downstream finishing, stamping, tooling, and tubing. We offer an excellent total compensation package including competitive pay with variable compensation opportunity, health insurance, retirement, paid time off, and more.

Requirements

Bachelor’s degree in Business, Finance, Economics, or related field.
2+ years of credit/collection experience and Accounts Receivable or relevant finance and accounting experience.
Ability to travel occasionally to conduct customer visits or attend industry credit meetings.
Effective planning, organization, and analytical skills.
Strong written, verbal, and interpersonal communication skills.
Intermediate or higher skill level using Microsoft Excel and other Office applications.
Applicants for this position must be currently legally authorized to work in the United States on a full-time basis.

Nice To Haves

SAP ERP experience is preferred.
Relevant Credit/Collections experience in a manufacturing environment.

Responsibilities

Execute and document credit reviews of new and existing customers.
Perform detailed financial statement analysis and credit report interpretation.
Establish appropriate credit limits.
Monitor and manage customers' Accounts Receivable balance to set credit limits and terms of sale.
Develop customer relationships to drive improved payment behavior.
Partner with outside sales personnel to assist in developing and/or expanding existing customer relationships to maximize sales exposure while minimizing corporate risk.
Proactively identify and lead process improvement initiatives with delinquent customers.
Collaborate with other internal departments to resolve routine and complex problems.
Participate in industry credit groups.
Other duties as assigned.