Sr. Credit Analyst - Addison Group

Sr. Credit Analyst

Chicago, IL

Payrate: $70-75K MAX

Position Overview

This position entails managing daily cash applications and handling customer inquiries. The role focuses on collecting overdue accounts receivable and providing updates to senior leadership.

Key Responsibilities

• Analyze various accounts receivable reports, including aging, unapplied cash, short payments, and status of open credit requests.
• Assess blocked orders and determine the best course of action: release, recommend a credit hold, or negotiate repayment plans to minimize risk.
• Manage credit risk by identifying when further credit analysis is needed, collaborating with management to provide relevant background information, and ensuring account exposure remains within assigned credit limits while escalating issues as necessary.
• Perform daily account reconciliations, coordinating with sales to resolve pricing, system processes, freight issues, offsets, and write-off requests.
• Facilitate conference calls with sales, customers, and other relevant parties to analyze data and address service issues.
• Work with sales to prepare updates for monthly account reviews with leadership, escalating issues for additional support when needed.
• Assist in identifying and addressing process gaps within the Accounts Receivable team.
• Conduct daily collection calls with customers and sales representatives, overseeing repayment plans for overdue accounts.

Addison Group is an Equal Opportunity Employer. Addison Group provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, gender, sexual orientation, national origin, age, disability, genetic information, marital status, amnesty, or status as a covered veteran in accordance with applicable federal, state and local laws. Addison Group complies with applicable state and local laws governing non-discrimination in employment in every location in which the company has facilities. Reasonable accommodation is available for qualified individuals with disabilities, upon request.