Senior Credit Analyst

W.W. Grainger • Janesville, WI

303d • $55,900 - $93,200 • Hybrid

About The Position

As a Senior Credit Analyst, you will provide professional management and administration relating to all credit and credit related responsibilities including $80M of Accounts Receivable and $350M of open account sales. This involves continuous investigation and research designed to assist in formulating credit objectives, policies, plans and programs ensuring positive contributions to economic earnings, increased shareholder net worth, continued sales growth, and profitability. You will ensure alignment to meet emerging business needs, keeping customer focus in tandem with Marketing, Sales and Branch Operations. This position is Hybrid requiring 1 day per month in the Grainger Janesville, WI office.

Requirements

• An undergraduate degree in business or related field or 3-5 years of progressive relevant experience.
• Professional credit credentials (must obtain a designation of CBA, CBF, or equivalent certification, within a reasonable time frame).
• An understanding of business principals including accounting, credit and collections, financial statement analysis, banking and finance, commercial law, marketing, statistics, economics, human behavior and computer science.
• Ability to apply knowledge of accounting (GAAP) and finance (FASB).
• Premium value placed on ethics and integrity.
• Ability to work effectively and develop relationships with all levels of management.
• Demonstrated writing/oral communication and presentation skills—effective across vertical/horizontal lines of organizational structures.
• Recognize, develop and motivate business partners.
• Demonstrated ability to work in complex situations with professionalism and decorum.

Nice To Haves

• Memberships in Professional Organizations such as D&B, NACM, AMA are a plus.

Responsibilities

• Manage exposure and mitigate risk for $350M of open account sales.
• Have authority to extend Credit Limits to a single customer with approximately $1M - $10M in annual sales.
• Be accountable for minimizing bad debt while not exceeding the $7M corporate plan.
• Perform Customer Hierarchy maintenance for medium to larger customers (including some complex customers).
• Drive sales support and profitable revenue growth: Support the Regional Credit Manager in engaging the Sales organization, internal business partners and Customers as a financial, business and problem-solving resource.
• Deliver expert and excellent customer service.
• Drive consistency and efficiency throughout the entire region; lead the local activities of the regional Credit team and support development of individual responsibilities and strengths.
• Guide, encourage, and instruct the move toward greater empowerment.
• Work to ensure the goals of the regional credit team are met, as well as the goals of the nationwide credit team, and those of the Company.
• Develop coaching skills by conducting Audits and delivering coaching that will effectively help the team grow to be more productive and enhance an exceptional customer experience with consistency.
• Develop leadership and communication skills by taking the lead assigned projects, presentations, and meeting opportunities.
• Develop strategy skills by assisting Supervisor with strategy for team member work balance with a focus to drive continuous improvement.
• Develop time management skills to balance individual responsibilities along with developing team members to grow their credit skills.
• Train and onboard new hires with the credit organization.
• Develop and Deliver training programs to the team.
• Provide credit trainings to business partners.
• Develop, maintain and deliver monthly/quarterly metrics around high-risk customers.

Benefits

• Medical, dental, vision, and life insurance plans with coverage starting on day one of employment and 6 free sessions each year with a licensed therapist to support your emotional wellbeing.
• 18 paid time off (PTO) days annually for full-time employees (accrual prorated based on employment start date) and 6 company holidays per year.
• 6% company contribution to a 401(k) Retirement Savings Plan each pay period, no employee contribution required.
• Employee discounts, tuition reimbursement, student loan refinancing and free access to financial counseling, education, and tools.
• Maternity support programs, nursing benefits, and up to 14 weeks paid leave for birth parents and up to 4 weeks paid leave for non-birth parents.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Industry: Merchant Wholesalers, Durable Goods
• Education Level: Bachelor's degree