Credit and Collection Analyst
Beacon Hill Staffing Group, LLC

Job Info

Job Title: Credit and Collections Analyst (Contract)

Location: Mentor, OH

Department:Finance

Reports To:Credit Manager or Finance Director

Contract Duration:3-5 Months

Position Summary:
The Credit and Collections Analyst (Contract) will play a crucial role in managing and optimizing the company's credit and collections processes on a temporary basis. This role is designed to support the finance team during a period of transition or peak activity. The analyst will evaluate customer creditworthiness, manage credit accounts, and ensure timely collection of outstanding invoices. The position offers an opportunity to contribute to the company's financial health while gaining experience in a dynamic manufacturing environment.

Key Responsibilities:

1. Credit Evaluation:
- Conduct credit assessments for new and existing customers, analyzing financial statements, credit reports, and other relevant data.
- Provide recommendations for appropriate credit limits and terms based on analysis.

2. Credit Management:
- Monitor and manage customer credit accounts, ensuring adherence to company credit policies.
- Adjust credit limits as needed and review credit terms periodically.

3. Collections:
- Oversee the collection of overdue accounts, initiating communication with customers to resolve outstanding balances.
- Develop and implement short-term collection strategies to improve cash flow and reduce days sales outstanding (DSO).

4.Customer Relations:
- Maintain positive relationships with customers to facilitate effective credit and collection processes.
- Address and resolve any billing disputes or issues in a timely manner.

5. Reporting and Analysis:
- Prepare and analyze reports on accounts receivable, aging balances, and collection activities.
- Provide insights and recommendations to management regarding credit and collection performance.

6. Compliance and Documentation:
- Ensure compliance with company policies, procedures, and legal requirements related to credit and collections.
- Maintain accurate and up-to-date records of credit applications, agreements, and collection activities.

7. Collaboration:
- Work with the sales team to understand customer needs and support credit and collection processes.
- Coordinate with the finance team to align credit management strategies with financial objectives.

Qualifications:
- Bachelor's degree in Finance, Accounting, Business Administration, or a related field.
- Minimum of 3+ years of experience in credit and collections, preferably within the manufacturing industry.
- Strong analytical skills with the ability to assess credit risk and make informed decisions.
- Proficient in accounting software and Microsoft Office Suite (Excel, Word, PowerPoint).
- Excellent communication and negotiation skills.
- Detail-oriented with strong organizational and problem-solving abilities.
- Ability to work independently and efficiently in a contract role.

Preferred Qualifications:
- Experience with ERP systems (e.g., SAP, Oracle).
- Certification in credit management (e.g., CICP, CCC) is a plus.

Beacon Hill is an Equal Opportunity Employer that values the strength diversity brings to the workplace. Individuals with Disabilities and Protected Veterans are encouraged to apply.

California residents: Qualified applications with arrest or conviction records will be considered for employment in accordance with the Los Angeles County Fair Chance Ordinance for Employers and the California Fair Chance Act.

If you would like to complete our voluntary self-identification form, please click here or copy and paste the following link into an open window in your browser: https://jobs.beaconhillstaffing.com/eeoc/

Completion of this form is voluntary and will not affect your opportunity for employment, or the terms or conditions of your employment. This form will be used for reporting purposes only and will be kept separate from all other records.

Company Profile:

Founded by industry leaders to set a new standard in search, career placement and flexible staffing, we deliver coordinated staffing solutions with unparalleled service, a commitment to project completion and success and a passion for innovation, creativity and continuous improvement.

Our niche brands offer a complete suite of staffing services to emerging growth companies and the Fortune 500 across market sectors, career specialties/disciplines and industries. Over time, office locations, specialty practice areas and service offerings will be added to address ever changing constituent needs.

Learn more about Beacon Hill and our specialty divisions, Beacon Hill Associates, Beacon Hill Financial, Beacon Hill HR, Beacon Hill Legal, Beacon Hill Life Sciences and Beacon Hill Technologies by visiting www.bhsg.com .

We look forward to working with you.

Beacon Hill. Employing the Future™