Randstad Credit and Collections Analyst in Waltham, Massachusetts
Credit and Collections Analyst
Waltham, MA Salary:
US$ 20 per hour Date Posted:
Friday, October 7, 2016
Randstad Finance & Accounting
Randstad Professionals is working with a global retail organization located near Waltham, who is in need of support in their Credit and Collections department for a 2 month contract engagement. The ideal candidate would be able to minimize credit risk and bad debt while allowing the company to achieve maximum sales and profitability. Key activities; chasing of debts, credit assessment within credit policy and credit insurance regulations, release of credit blocked orders, reconciliation of payments, ageing of debt and query resolution. To ensure compliance with Credit Insurance policy, company Group Credit Policy, controls, regulations and service level agreements. If you are qualified and interested, please contact Jaclyn Rio at 781-897-5223 or via e-mail; Jaclyn.Rio@Randstadusa.com
The collection of third party wholesale debts.
Consistent monitoring of individual third party customer s exposure and evaluation of credit risk.
The daily maintenance and release of credit blocked orders.
Responsible for ensuring all queries re open, overdue billing documents or debit notes are resolved. Reconciliation of third party customer payments to Accounts Receivable open items.
Ensure operation and compliance within company Group Credit Policy, processes, controls, regulations and service level agreements, in respect of Credit Management.
Ensure operation and compliance within Credit Insurance Contractual Regulations
Production of Credit Management reports i.e.; debtor reports, forecasting debtor/sales analysis, debit/credit note analysis etc.
Proactively identifying and highlighting issues, concerns to manager as they occur with regards to overdue debt, potential bad debt, unacceptable credit risk etc.
Understanding and preparation of credit security documents: letters of credit, bank guarantees etc.
- 5+ years previous credit control experience in a large company.
Bachelor Degree in Business or Finance
Prior experience with SAP
General understanding of accounting principles