Financial Credit Specialist
4 days ago
This position involves protecting the company's accounts receivable balance by managing risk in accordance with established policies and procedures.
Responsibilities Include:
- Managing relationships with distribution clients.
- Ensuring compliance with relevant legislation and standards.
- Minimizing bad debt while optimizing current receivables.
- Maintaining the credit integrity of the client portfolio.
- Providing timely reporting of trade information on client account history.
- Responding to credit inquiries within set service levels.
- Executing new customer credit applications within set business days.
- Collaborating with various stakeholders, including customers, sales, customer service, credit personnel, and others.
- Verifying credit references.
- Reviewing and maintaining customer credit files.
- Analyzing financial data for high exposure and high-risk accounts.
- Evaluating credit risk and payment trends.
- Releasing credit-blocked orders.
- Supporting doubtful account processing.
- Assisting with departmental presentations as needed.
- Prioritizing and handling multiple projects independently and in a team environment.
- Optimizing aged balances while maximizing current receivables.
- Identifying and communicating collection issues with management to minimize credit risk.
- Providing invoice copies and proofs of delivery to clients.
- Identifying payment terms and billing disputes.
- Researching and resolving duplicate or partial payments.
- Collaborating with Customer Service, Sales, and clients to resolve collection issues.
- Providing a customer statement of account as needed.
- Preparing and delivering reporting for management.
- Researching and resolving unauthorized customer deductions.
- Performing tasks of SAP Support Specialist.
- Handling payment application tasks (matching, bank statements, etc.).
- Managing deduction processing tasks.
- Maintaining customer master data (within the confines of segregation of duties).
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