Credit Analyst

ASSA ABLOY•Monroe, NC

11d

About The Position

The Credit Analyst manages the accounts receivable portfolio assigned by the District Credit Manager, focusing on minimizing risk and maximizing collections. The role involves decision-making in credit underwriting, collections, project securitization, and initiating legal actions when necessary. The analyst works with internal stakeholders and external customers to assess creditworthiness, resolve outstanding balances, and ensure compliance with company policies. The position supports the financial health of the business and district operations, and reports to the Director of Credit Collections, NA.

Requirements

At least 2 years of experience in credit and collections; construction industry experience preferred.
Timely collection and follow-up within the assigned portfolio.
Cross-functional capability.
Contribute to the success of District metrics.
Continue developing understanding of underwriting, analysis, collection practices, job securitization, and industry-specific activity.
Excellent and timely communication to maximize customer experience.
Analytical financial skills.
Excellent oral and written communication skills.
Organizational and interpersonal skills.
Ability to handle stress successfully, manage time, and multitask.
Ability to work independently on assigned tasks.
Computer software skills, including Windows, Office, and Excel.
Ability to work as part of a team.

Nice To Haves

A degree in Finance, Accounting, Business Management, or a related field is preferred.
Experience in the construction industry is preferred.

Responsibilities

Conduct credit investigations on existing and potential customers and projects.
Perform underwriting analysis on general contractors, owners, sureties, and other relevant parties for new jobs.
Analyze corporate financial statements and information from D&B, NACM, and other credit services to establish secured and unsecured credit extensions within assigned authority limits.
Prepare and submit monthly reports to management regarding collection issues.
Monitor aging accounts and determine appropriate action.
Work with the Shared Services Department to ensure timely responses and a positive customer experience.
Perform ad hoc reporting as requested by credit and finance leadership.
Communicate regularly with all levels of District Management.
Make collection calls and manage accounts within the assigned portfolio.
Respond to internal and external requests for credit assistance.
Reconcile short payments and discrepancies, and perform account reconciliations as needed.
Review lien and bond filing dates to help ensure collectability of the accounts receivable portfolio.
Follow up on disputes in a timely manner and work with Districts and salespeople to resolve them.
Facilitate placement of accounts with collection agencies and escalate collection efforts as appropriate.
Participate in training and education opportunities for next-level roles and responsibilities.