Credit Analyst - Minneapolis

Sonepar•Minneapolis, MN

18h•Onsite

About The Position

Viking Electric, a leading provider of electrical products and services to contractors throughout the Midwest, is seeking a full-time Credit Analyst for their Minneapolis location. As part of the Sonepar group, the world's #1 electrical distributor, this role offers an opportunity to invest in a brighter, more sustainable future and make a real difference for customers. The Credit Analyst will handle day-to-day activities in the Credit Department, focusing on maintaining DSO and past-due accounts receivable at objective levels. This role involves responding to customer inquiries, resolving problems, authorizing new orders, managing billing information, and releasing confidential credit information while maintaining customer goodwill. The analyst will utilize various tools, including telephone, PC, Get-Paid Software, and reports, to manage collection activities for assigned accounts, keeping relevant parties informed of issues and actions. Regular meetings with the Credit Manager will be held to discuss account status. Additionally, the role includes managing sales tax collection and documentation, conducting Joint Account Reviews with assigned account managers, and advising salespeople on collection approaches. Monitoring and adjusting credit limits for assigned accounts and authorizing shipments are key responsibilities. The analyst will also handle invoices and documents requiring special attention to ensure prompt payment and utilize the Bill trust website for obtaining documents and processing payments.

Requirements

A minimum of 2 to 3 years in commercial credit or accounts receivable collections, preferably in an electrical construction-related field.
A four-year degree in a business-related field (e.g. accounting, finance) or equivalent experience.
Must have a valid driver’s license.
Willingness to work additional hours to meet deadlines.

Nice To Haves

Limited travel

Responsibilities

Professionally and efficiently handle day-to-day activity in the Credit Department by completing assigned duties and maintaining DSO and past-due accounts receivable at the levels set in objectives.
Effectively respond to inquiries from customers, other associates, and outside organizations on customer accounts, including resolution of problems, authorization of new orders, maintenance of billing information, release of confidential credit information to the appropriate people and maintain customer good will.
Utilizing the telephone, PC, Get-Paid Software, and various reports, as well as effective use of personal visits when appropriate, handle all credit department collection activity for assigned accounts, keeping all appropriate people advised of problems and actions taken/required.
Meet with Credit Manager monthly or as requested to discuss status of accounts.
Manage sales tax collection and documentation for accounts being knowledgeable in sales tax requirements and documentation in the states for which accounts are being managed.
Meet with assigned account managers and complete the Joint Account Review Process each month.
Advise and train salespeople in collection approach and collection options.
Work together with sales to collect accounts and resolve disputes.
Monitor credit limits for assigned accounts, changing credit limits where appropriate, and authorizing shipments as needed.
Handle and manage invoices and other documents requiring special handling to insure prompt payment of invoicing.
Utilize Bill trust website for obtaining invoice and statement documents and customer payments.