Classification: Credit Analyst
Compensation: $21.95 to $23.75 hourly
Mississauga Accountemps is looking for a sharp Credit Analyst for our highly regarded client. The Credit Analyst is a critical role working closely with the accounts receivable department, leading, monitoring and maintaining 40,000+ credit limits with the customer portfolio and minimizing bad debt. Detail oriented Credit Analyst will be responsible for assessing the credit risk and viability of potential and existing clients as well as establishing their credit limits and terms. This dynamic team environment offers motivated Credit Analyst a great workspace/office, excellent benefits and great career advancement opportunity.
***For immediate consideration, please contact Accountemps in our Mississauga office today and citing reference # 05010 [ Phone number blocked ] in the subject line of your response.
Essential Duties & Responsibilities of Credit Analyst:
*Obtain and assess credit / financial information for potential and existing clients through direct contact with banks, trade references, credit agencies public records an analysis of financial statements
*Update credit terms and structure in various financial systems
*Prepare credit reports with detailed analysis and recommendations for management approval and as per credit policy
*Collaborate closely with the accounts receivable management team communicating and executing risk strategies to improve and sustain accounts receivable performance and minimize bad debt
*Complete the set up of billing reports and payment arrangements for clients as required
*Determine amount of security deposits required where applicable, and coordinate the receipt, transfer and record keeping of security deposits for client accounts
*Establish proper corporate relationships among client accounts to keep track of credit risk concentration
*Verify the integrity and validity various types of security provided by clients
*Keep updated credit files for all clients
*Liaise with account management/service coordinators and clients to negotiate and communicate credit/terms decisions
*Assist cross functional teams and participate as a SME on projects and other initiatives as required
*Conduct periodic credit reviews for existing client accounts in compliance with company's credit policy
*Monitor alerts/releases and take appropriate action
*Process changes in corporate names and/or ownership and assess their impact on credit risk
*Approve or seek credit approval as required
*Accountable for management and reporting of insolvencies and other customer initiatives under Canadian and US bankruptcy regulations and laws
*Liaise with trustees, monitors and solicitors for an orderly processing of claims on all insolvency proceedings.Job Requirements
Required Skills & Experience of Credit Analyst:
*Excellent analytical skills with complex financial statements and reporting
*Credit Analysis skills: credit data; operational variables and impacts of various credit structures to financial metrics
*Undergraduate degree in Finance or Business and acceptable credit risk management accreditation or similar experience
*Minimum of 1 to 3 years of experience in similar credit department with experience in credit management of a varied customer base in the small, medium and enterprise market segments
*Experience and understanding of accounts receivable management an asset
*Experience working with ERP systems and Microsoft office with emphasis on data management (Excel – v lookups, pivot tables and more)
*Excellent time management and organizational skills; ability to prioritize assignments and work independently
*Ability to work effectively as a member of a team and to communicate at all levels of the organization
*Excellent Communication and negotiation skills and comfortable providing excellent customer service to internal and external stakeholders
Accountemps, a Robert Half Company, matches skilled accounting and finance professionals with remote or on-site jobs on a temporary and temporary-to-hire basis. Our experienced staffing professionals can promote you to employers and advocate on your behalf. We provide access to top jobs, competitive compensation and benefits, and free online training. For more opportunities, get the Robert Half app and receive instant notifications when our AI matches your skills and experience with jobs.
When you work with us, you’re working with the best. Our parent company, Robert Half International Inc., has been recognized as one of FORTUNE’s “Most Admired Companies” every year since 1998.
Questions? Call your local office at [ Phone number blocked ] . All applicants applying for Canadian job openings must be authorized to work in Canada.