Credit and A/R Analyst

About the Role:

The Credit and Accounts Receivable (A/R) Analyst plays a critical role in managing the financial health of the organization by overseeing credit risk and ensuring timely collection of outstanding receivables. This position is responsible for analyzing customer creditworthiness, establishing credit limits, and monitoring accounts to minimize financial risk and optimize cash flow. The analyst collaborates closely with sales, finance, and customer service teams to resolve billing discrepancies and support customer account management. By maintaining accurate records and generating detailed reports, the role provides valuable insights that inform credit policies and collection strategies. Ultimately, the Credit and A/R Analyst helps safeguard company assets while fostering positive customer relationships through effective credit and receivables management.

Minimum Qualifications:

• Bachelor’s degree in Finance, Accounting, Business Administration, or a related field.
• At least 2 years of experience in credit analysis, accounts receivable, or a similar financial role.
• Proficiency with accounting software and Microsoft Excel for data analysis and reporting.
• Strong understanding of credit principles, financial statements, and accounts receivable processes.
• Excellent communication and interpersonal skills to interact effectively with customers and internal teams.

Preferred Qualifications:

• Experience with ERP systems such as SAP, Oracle, or NetSuite.
• Certification in credit management (e.g., Certified Credit Professional - CCP) or related credentials.
• Knowledge of relevant regulatory requirements and compliance standards in credit and collections.
• Demonstrated ability to analyze complex financial data and make sound credit decisions.
• Experience working in a fast-paced corporate finance environment.

Responsibilities:

• Evaluate and analyze customer credit data and financial statements to determine creditworthiness and establish appropriate credit limits.
• Monitor accounts receivable aging reports to identify overdue accounts and initiate collection activities in accordance with company policies.
• Collaborate with internal teams to resolve billing disputes, discrepancies, and customer inquiries promptly and professionally.
• Prepare and present regular reports on credit risk, collection status, and accounts receivable metrics to management.
• Assist in developing and implementing credit policies and procedures to improve collection efficiency and reduce bad debt.
• Maintain accurate and up-to-date records of customer accounts, payments, and credit information in the financial system.
• Support month-end and year-end closing activities related to accounts receivable and credit management.

Skills:

The Credit and A/R Analyst utilizes analytical skills daily to assess customer financial information and determine credit risk, ensuring informed decision-making. Strong communication skills are essential for negotiating payment terms and resolving disputes with customers and internal stakeholders. Proficiency in accounting software and Excel enables efficient management of accounts receivable data and generation of insightful reports. Attention to detail is critical when maintaining accurate records and monitoring aging reports to identify potential collection issues early. Additionally, problem-solving skills help the analyst develop and implement effective credit policies and collection strategies that support the company’s financial objectives.