Senior Credit Analyst

Senior Credit Analyst / Credit Manager (Onsite – West Chicago, IL)

Full-Time | Onsite | Monday–Friday, 8:00am–5:00pm

A long-established, privately held $100 industrial manufacturer is creating a dedicated senior-level credit role to centralize credit decisions, tighten collections, and strengthen cash flow discipline. With sustained growth and a high‑volume customer environment, the company is formalizing its credit function for the first time. This is a newly created, highly visible role working directly with the CFO and cross-functional teams.

Position Overview

The Senior Credit Analyst / Credit Manager will oversee the full credit lifecycle: evaluating customer creditworthiness, setting and adjusting limits, managing a heavy collections portfolio, and monitoring risk across a broad customer base. This position includes periodic accounting support for the CFO and offers meaningful impact on both financial performance and operational stability.

Key Responsibilities

Customer Setup & Credit Analysis (~25%)

• Conduct full credit investigations using trade references, bank data, internal histories, D&B, and customer financials

• Establish and adjust credit limits using structured assessment and sound judgment

• Set up new customers and ensure complete documentation

• Re-evaluate long‑inactive customers before reactivation

• Identify unusual shifts in customer order behavior

Portfolio Monitoring & Collections (~65%)

• Track and enforce payment terms to protect cash flow

• Reduce DSO through proactive, direct customer engagement

• Identify accounts trending toward delinquency and resolve issues early

• Review credit holds and determine release or escalation

• Partner closely with AR colleagues on issue resolution and cash application

Cross-Functional Collaboration Accounting Support (~10%)

• Act as the primary credit resource for internal sales teams

• Coordinate with the accounting group to support AR/AP and operational needs

• Assist the CFO with reconciliations, reporting, and ad hoc accounting projects

Required Qualifications

• Bachelor’s degree required (Accounting preferred; Finance, Business, Math, or Statistics acceptable)

• 10–15 years of credit analysis and collections experience

• Demonstrated ability to make risk-based credit decisions and manage a high‑volume portfolio

• Experience handling 1,000 customer accounts and 5–10 new/updated accounts weekly

• Strong communication skills for customer interaction and cross-functional collaboration

• Strong Excel and general technology proficiency

• Manufacturing or distribution experience strongly preferred

Preferred Experience

• Background in metals or industrial distribution

• Experience managing high-transaction credit cycles

• Ability to assist with general accounting when needed

Compensation & Benefits

Salary: $75,000–$90,000

– Bonus: Discretionary, based on company performance

Benefits:

– Medical, dental, and vision insurance

– Short-term disability

– Company-paid life insurance

– 401(k) with 6% company match

– PTO per Illinois requirements

– Vacation: 1 week at 1 year; 2 weeks at 2 years; 3 weeks at 5 years

Why This Role Might Make Sense for You

• High-impact, newly created role with direct visibility to leadership

• Opportunity to build and elevate the company’s credit function

• Close-knit accounting team with a collaborative work culture

• Clear path for expanded responsibility (management, leadership) in line with company growth

Equal Opportunity Employer/Veterans/Disabled

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