Regional Credit Analyst I | Fort Worth, TX

TTI, Inc. • Fort Worth, TX

16d

About The Position

The Regional Credit Analyst I supports, with supervision, the Regional Credit
Supervisor (RCS) and Regional Credit Manager (RCM) in assuring adherence to the
company’s credit and collection policies and procedures and actively
participates in credit extension and risk management of their assigned AR
portfolio.  Assists the Regional Collector as needed.  The Regional Credit
Analyst I provides analytical support and other assistance to evaluate the
effectiveness of credit activity and recommend appropriate courses of action to
regional credit and collections leadership.

Headquartered in Fort Worth, TX, TTI, Inc. is the world’s leading authorized
distributor of passive, connector, electromechanical and discrete components. 
Celebrating more than 50 years, this Berkshire Hathaway company is ever-growing
and has over 100 locations in North America, Europe, and Asia! Join a winning
team in a growing global organization!

Our Regional Credit Analyst Team:

Investigates and verifies information provided on new account credit
applications by utilizing bank and trade references, along with D&B and
Summit credit reports and the internet to evaluate and establish credit
limits within authority up to $50,000. Makes recommendations to Regional
Credit Manager for approvals of amounts over authority levels.
Performs new account set-ups on the company database by utilizing the
information provided on the approved credit applications and new account
e-form, ensuring timely and accurate processing.
Proactively evaluates accounts for orders being held and takes appropriate
steps to determine cause and initiate corrective action based on
circumstance.  Supports TTI sales representative or manager as needed.
Effectively and proactively initiates communication with the collaborating
Regional Collector to effectively address account and order risk issues.
Conducts credit reviews for customers, per policy, and maintains customer
account information within the Credit and Collections computer system.
Prepares and reviews weekly status reports for Regional Credit and Sales
Management
Performs Customer Account risk management by utilizing the Credit and
Collections computer system, including reviewing daily task lists, Customer
at Risk reports, etc. 
Provides troubleshooting assistance to the sales team by analyzing customer
account information, evaluating customer balances, billing discrepancies, and
orders being held, to allow optimum account performance. 
Provide, suggest, support, and implement alternatives to work processes that
lead to increased efficiencies and quality of work of the regional credit
team.
Effectively communicates and escalates issues and information to the Regional
Credit Supervisor or other appropriate levels of management on a timely basis
Develops and maintains productive working relationships and rapport with both
internal and external customers.
Provides support to the regional credit department by preparing and
maintaining business correspondence, creating customer files, and providing
credit references and proof of deliveries.

Requirements

• High School diploma or GED required. Pursuing or possession of bachelor’s degree a plus, a minimum of one to three years of experience in commercial credit and collections required; or an equivalent combination of education and experience.
• Knowledge of various accounting systems and knowledge of accounts receivable preferred.
• Possess ability to perform credit and collections analysis and provide appropriate recommendations.
• background in accounts receivable and/or basic accounting
• analytical, problem solving, and negotiation and reasoning skills.
• high level of professionalism essential for interaction with customers, cross functional teams, and management.
• Possesses strong interpersonal, written, and oral communication skills.
• High level attention to detail, accuracy, and timely communication.
• Ability to manage multiple assignments and meet deadlines and quality expectations.
• Ability to take initiative to providing new ideas to improve process efficiencies.
• Ability to write reports and business correspondence proficiently and professionally.
• Possesses technical competency to utilize company computer system and financial related software packages. Knowledge of Microsoft Office applications
• Strong alpha numeric data entry with good quality.
• Ability to perform 10-key by touch.

Nice To Haves

• Pursuit of NACM CBA and CBF Certification is a plus.

Responsibilities

• Investigates and verifies information provided on new account credit applications by utilizing bank and trade references, along with D&B and Summit credit reports and the internet to evaluate and establish credit limits within authority up to $50,000. Makes recommendations to Regional Credit Manager for approvals of amounts over authority levels.
• Performs new account set-ups on the company database by utilizing the information provided on the approved credit applications and new account e-form, ensuring timely and accurate processing.
• Proactively evaluates accounts for orders being held and takes appropriate steps to determine cause and initiate corrective action based on circumstance.  Supports TTI sales representative or manager as needed. Effectively and proactively initiates communication with the collaborating Regional Collector to effectively address account and order risk issues.
• Conducts credit reviews for customers, per policy, and maintains customer account information within the Credit and Collections computer system.
• Prepares and reviews weekly status reports for Regional Credit and Sales Management
• Performs Customer Account risk management by utilizing the Credit and Collections computer system, including reviewing daily task lists, Customer at Risk reports, etc.
• Provides troubleshooting assistance to the sales team by analyzing customer account information, evaluating customer balances, billing discrepancies, and orders being held, to allow optimum account performance.
• Provide, suggest, support, and implement alternatives to work processes that lead to increased efficiencies and quality of work of the regional credit team.
• Effectively communicates and escalates issues and information to the Regional Credit Supervisor or other appropriate levels of management on a timely basis
• Develops and maintains productive working relationships and rapport with both internal and external customers.
• Provides support to the regional credit department by preparing and maintaining business correspondence, creating customer files, and providing credit references and proof of deliveries.

Benefits

• A great benefits package that includes (but is not limited to) Medical/ Dental/ Vision, 401(k)/Roth plan with matching, Healthcare Savings Accounts
• Educational Assistance (Tuition Reimbursement)
• Ongoing training throughout your employment with opportunities to participate in professional and personal development programs
• A strong focus on giving back to our communities through philanthropic opportunities

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: High school or GED
• Number of Employees: 1,001-5,000 employees