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Accounts Receivable Credit Analyst

Company: Parker And Lynch
Location: Schaumburg
Posted on: January 7, 2022

Job Description:

OVERALL PURPOSE OF THE JOBPerform financial, clerical, and administrative services to ensure efficient, timely and accurate processing of all financial transactions pertaining to the Accounts Receivable functions of the company. Locates and notifies customers with delinquent accounts, attempts to secure payment and reports payments.ESSENTIAL FUNCTIONS

  • Cash application of funds received on customer accounts
  • Helps to prevent discrepancies across the order-to-cash cycle based on sound credit due diligence and system data integrity with the ultimate goal of reducing bad debt and days sales outstanding.
  • Conduct due diligence of companies for new credit requests, sales orders, and company policy-mandated reviews.
  • Perform internet research and analyze financial statements in support of credit reviews
  • Prepare and communicate credit recommendations and pull reports from service providers
  • Responsible for data integrity of systems and other tasks in support of the Credit team
  • Research payment discrepancies
  • Helps secure information regarding customer's financial status, including performing credit checks and insurance coverage
  • Records information about financial status of customer
  • Maintains customer account information in the database, including set up of new customers
  • Review collection reports to ascertain status of collections-and-balances outstanding and to evaluate effectiveness of current collection policies and procedures
  • Audits delinquent accounts considered to be uncollectible to ensure maximum efforts have been taken before assigning bad-debt status to account
  • May submit delinquent accounts to attorney or outside agency for collection
  • Monthly bank reconciliations
  • Provide backup for other positions in the accounting departmentEDUCATION/EXPERIENCE AND/OR TRAINING
    • High School diploma or GED required
    • Some college preferred
    • Minimum of 3 years of experience required
      Equal Opportunity Employer/Veterans/DisabledTo read our Candidate Privacy Information Statement, which explains how we will use your information, please visit Company will consider qualified applicants with arrest and conviction Jobble

Keywords: Parker And Lynch, Schaumburg , Accounts Receivable Credit Analyst, Professions , Schaumburg, Illinois

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