Senior Credit Analyst

Premier Staffing Solution•St. Louis, MO

10h

About The Position

The Senior Credit Analyst (Manufacturing) is responsible for establishing credit limits for new accounts or reviewing credit limits for existing customers. This position is responsible for overseeing the Pennex portfolio of accounts to ensure timely payments and to keep them within their designated credit limits. In addition, the Senior Credit Analyst works to resolve any customer disputes or complaints and escalates to the credit manager if determined that the customer is unwilling or unable to pay in accordance with agreed upon payment terms.

Requirements

Bachelor's degree in Finance, Accounting, or a related field required
10 or more years of commercial credit experience as Senior Credit Analyst or equivalent
Strong verbal, communication and negotiating skills
Strong analytical skills
Demonstrates strong initiative and self-motivation by proactively identifying risks, improving processes, and driving tasks to completion with minimal supervision
Champions continuous improvement initiatives that drive operational excellence and measurable results
Strong judgment and decision-making skills with a demonstrated ability to balance risk and profitability
Experience with ERP systems (Microsoft Dynamics 365 preferred)
Strong collaboration with sales, operations, supply chain, and finance teams
Ability to challenge assumptions and influence stakeholders while maintaining relationships
Travel up to 25% as needed
Regular attendance required.
Must be able to pass pre-employment physical and drug screen.
Must be eligible to work in the United States, visa sponsorships are not available.

Nice To Haves

Master's degree preferred

Responsibilities

Oversees all credit and collection responsibilities for Pennex
Establishes internal credit limits for customers through comprehensive analysis, including financial statement review, operational assessment, and high-level customer discussions.
Secures credit insurance when appropriate to support customer credit limits.
Conducts ongoing reviews of existing customer credit limits, with formal annual reviews.
Makes internal credit decisions up to $250k and prepare credit recommendations for the credit committee for decisions above this amount based on comprehensive analysis and review.
Ensures adherence to customer payment terms through effective collection management.
Works closely with sales and admin teams to identify and correct problems and issues causing payment delays.
Develops payment plans with customers experiencing cash flow problems where appropriate while managing overall credit risk.
Files insurance claims and/or bankruptcy claims as necessary for nonperforming or bankrupt accounts.
Monitors and controls credit exposures for all customers to ensure adherence to established credit limits.
Other duties as assigned.