Financial Analyst

Intermountain Technologies LLC•Salt Lake City, UT

56d

About The Position

The Financial Analyst role will include Accounts Receivable / Payable, and Credit Review responsibilities. It will be key to collaborate closely with the Team to reconcile accounts and resolve any discrepancies, thereby contributing to the overall financial health and operational efficiency of the organization. Prompt and assertive Collections efforts will be required for past-due customer accounts. Your attention to detail and ability to maintain clear records will play a crucial role in supporting the company's financial objectives and maintaining positive relationships with customers.

Requirements

High School Diploma
Proficient in Microsoft Office (Excel and Outlook)
Experience with ERP systems (e.g. Business Central, Netsuite)
Team player who prioritizes the success of the Group, in addition to oneself.
Attention to detail and accuracy.
Excellent organizational skills.
Excellent written and verbal communication skills – comfortable on the phone.
Self-motivated and persistent.
Ability to meet deadlines / time management.

Nice To Haves

Bachelor’s Degree strongly preferred

Responsibilities

Post and apply customer payments
Wires
Credit Card
ACH / eCheck
Lockbox (checks)
Deposit customer checks and cash payments into the bank daily.
Reconcile AR journal entries with the bank statements.
Resolve customer account questions related to:
Finance charges
Match requests
Payment research
Provide excellent customer service to all customers.
Credit Assessment: Evaluate the creditworthiness of individuals or businesses by analyzing credit reports (Dun & Bradstreet), financial documents, vendor and bank references, personal guarantees, etc.
Credit Policy Adherence: Ensure compliance with company credit policies and guidelines while making recommendations for credit limits and terms.
Relationship Management: Collaborate with sales teams and customer service to understand customer needs and negotiate credit terms that balance risk and business objectives.
Monitoring and Review: Monitor the financial performance and credit status of existing customers, identifying potential risks or opportunities for adjustments in credit terms.
Commit time to special outreach efforts to past-due customers, adhering to an escalation plan that puts pressure on customers to make payments.
Use various Collections tools to your advantage (e.g. Account Holds, Service Charges, Payment Plans) and recommend any improvement to processes for favorable changes in Days Sales Outstanding KPI.
Ensure timely and accurate processing of vendor invoices.
Code A/P transactions to correct account.
Complete vendor credit applications.
Assist in month end closing processes.
Help provide support for year-end audit.