Credit and Collections Analyst

Mother Parkers Tea & Coffee•Mississauga, ON

About The Position

Mother Parkers is one of the largest tea and coffee manufacturers in North America, with a mission to create a better beverage experience for their customers. As a leading customer solutions provider to some of North America’s largest retailers and foodservice chains, they use state-of-the-art technology and new product innovation to help their customers grow their business and deliver superior products to their clientele. The team of coffee and tea experts are deeply passionate about what they do, proud of their 100+ years of business success, and excited about building a future with endless possibilities. This role is responsible for evaluating customer creditworthiness, managing accounts receivable, managing deductions and ensuring timely collection of outstanding balances and deduction repayments while minimizing financial risk.

Requirements

Post secondary education in accounting, finance or business, or equivalent combination of education and experience
Minimum of two years of progressively responsible collections, deductions experience, preferably in a manufacturing environment
Proficiency in ERP systems (Microsoft D365), Excel and reporting dashboards (PowerBI)
Experience in credit analysis, Trade Deduction, collections, or accounts receivable.
Effective verbal and written communication with internal teams and external customers
Attention to detail and ability to manage multiple priorities and meet deadlines in a fast-paced environment
Strong analytical and problem-solving skills.

Responsibilities

Analyze customer credit applications and financial data to set or recommend credit limits
Monitor accounts receivable aging and follow up on past-due accounts including Daily AR Balancing
Manage daily deduction process, including clearing, approvals and collections of repayments
Manage daily bank deposit cash applications and balancing, assessing credit risk and recommending actions such as credit holds or escalations including accurate coding of operational and trade deductions
Collaborate with sales, customer service, and finance teams to balance risk and customer relationships including collections of past due invoices and Deduction repayments
Manage and monitor daily invoices run for continuity and accuracy, including ad hoc manual invoice requirements
Analysis of monthly credit & deduction reporting requirements, which includes reports on credit exposure, collection performance, delinquency trends trade deduction and write-off analysis.
Ensure compliance with company policies and applicable credit, Deduction and collection regulations as well as other duties as required