Credit Analyst

Headquarters•Fairfield, NJ

6d•$71,000 - $88,000

About The Position

When you join Kyocera Document Solutions America, Inc. you are joining an organization that is deeply rooted in the Philosophy of “doing what is right as a human being”. Through this Philosophy, our employees are passionate about providing best in class customer service through efficiency, accountability and a sense of urgency all while putting knowledge to work to drive change. In addition, we’re a Great Place to Work… and we really mean it! Kyocera Document Solutions America, Inc. was officially certified a Great Place to Work since 2022. An organization earns this distinction when its employees have expressed their trust the people they work for, have pride in what they do and enjoy the people they work with. As a Credit Analyst, you will handle at least 80 to 100 dealer accounts, in aggregate, for both regions. On a daily basis, you will manage the order releases for all dealer orders on their regional order Queue. You will ensure that all orders for creditworthy accounts are promptly released and advise the dealers of any credit or collection issue. You will also need to secure approvals from the Third-Party companies for inventory finance orders and review all documentation for split funding orders. The chance to do something meaningful, to challenge yourself, to be a part of change in an industry, to influence change doesn’t come around every day.

Requirements

Bachelor’s degree in a business-related field.
Five or more years’ experience in Commercial Credit Management.
Possess strong interpersonal and negotiation skills.
Experience with a major ERP (Oracle, SAP, JD Edwards, etc.)
Proficient with Microsoft Office Suite, particularly Excel and Word.
Must be a strong team player.
Must be able to work overtime particularly during the end of the month.

Nice To Haves

Industry experience is a significant plus.

Responsibilities

Manage the order releases for all dealer orders on their assigned order queue.
Ensure that all conforming orders for creditworthy accounts are promptly released.
Advise dealers of any credit or collection issues and the requirements for resolution.
Secure approvals from third-party finance companies for inventory finance orders.
Review all documentation for lease split funding orders.
Monitor the accounts that are delinquent by regularly reviewing the aging information.
Initiate collection efforts by phone or email to secure payment.
When discrepancies arise, assist the dealers in resolving the identified issues.
Work with Customer Service, Sales administration, and Regional Sales staff in an advocacy role.
Coordinate with Accounts Receivable staff to ensure prompt and correct cash applications, account reconciliation, and invoice payment variances.
Continuously review CWO reports, at least daily, to ensure CWO invoices are paid within policy. Continuously review third-party unpaid reports, at least daily, to ensure these invoices are paid within 30 days of the invoice date.
Effectively negotiate payment plans with dealers and act to ensure adherence to the plans.
Prepare legal referrals for past-due accounts as needed.
Ensure that updated dealer financial statements are received in a timely manner and reviewed on as annual basis, or more frequently as needed.
Assist the National Credit Manager by analyzing all types of customer financial statements including compilations, reviews, audits, tax filings, etc.
Perform financial ratio analysis on the balance sheets income statements and statements of cash flow to measure the financial condition of the dealer base through liquidity, solvency, efficiency, and cash flow statement analysis.
After completion of analysis, prepare a formal written credit narrative explaining the risk profile and then make quantitative recommendations to the National Credit Manager.
Cross train with other regional credit analysts regarding areas of responsibilities.
Provide monthly reports to Corporate Credit Management such as: regional delinquency performance, daily sales Outstanding (DSO), and past due analysis.