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22 days old

Credit Risk Analyst

Kelly Services
Schaumburg, IL 60173
**TITLE:** CREDIT RISK ANALYST



**DURATION:** FULL-TIME DIRECT HIRE



**LOCATION:** SCHAUMBURG, IL



**SALARY:** $60,000-$72,000



**INDUSTRY:** MANUFACTURING



**QUALIFICATIONS** :




+ Bachelors Degree required with major area of study in Finance, Accounting or Business Administration preferred.

+ NACM Certification in Credit Analysis (Preferred)

+ Minimum: 3-5 years experience in credit and accounts receivable (non-managerial roles)

+ Hands on SAP experience preferred (accounts receivable and credit functionality experience preferred).

+ Strong computer skills required (MS Office Suite including Word, Excel Power point) required. Experience working with large data files in Microsoft Excel preferred (VLOOKUP's/pivot tables), Microsoft Word (mail merge).

+ Good understanding of Uniform Commercial Code, Letter of Credits, Credit Insurance Policies, etc.

+ Excellent verbal and written English communication skills; and the ability to disseminate data.



**DESCRIPTION**



This position is responsible for analyzing the risk associated with extending credit lines to customers, overseeing accounts receivable and inventory balances, and monitoring credit and cargo insurance. The individual will support the business activities of the companys sales divisions with the objective to minimize risk and maximize profitability. Ability to manage accounts receivable responsibilities associated with this role in an effective manner.



**Credit and Accounts Receivable Analysis (60%)**




+ Receive credit application requests from sales divisions. Conduct financial analysis and provide interpretation of customers financial status for proper evaluation of risk and establishment of credit. Submit recommendation credit limit recommendations and obtain proper approvals.

+ Oversee special credit arrangements, secure credit insurance, letters of credit, and/or UCC filings as necessary.

+ Oversee open UCC filings, renew or cancel filings as needed.

+ Oversee analysis of accounts receivable, aging of accounts, calculation of allowance for doubtful accounts, and collection procedures.

+ Conduct monthly long outstanding meetings with sales division staff to ensure A/R and inventory integrity.

+ Assist in divisional discussions of long outstanding account balances and necessary action to be taken in order to minimize risk. Resolve past due balances through phone calls or meetings with customers (phone or on-site visits) / high level executives.

+ Monitor credit limits and communicate credit concerns timely to Corporate Risk Manager.

+ Develop relationships with mutual vendors for best practices and reference sharing.

+ Continuous improvement SAP functionality related to AR.

+ Complete financial review on all HTA accounts with credit limits by August and February of each year. Take action to mitigate risk for high risk accounts.



**Purchasing and Inventory Analysis (25%** )




+ Provide support to department manager regarding inventory and purchase order monitoring and publication of monthly inventory reports.

+ Provide support and advice to sales divisions regarding warehousing activity and necessary legal agreements.

+ Continuous improvement SAP functionality related to purchasing and inventory.

+ Travel to conduct physical inventory counts twice a year or more as needed.



**Insurance Responsibilities (10%)**




+ Handle activity of claims processing.

+ Analyze loss ratios and recommend proper plan of action to department manager.

+ Negotiate credit insurance limits directly with credit insurers underwriters.

+ Oversee renewal application process for all insurance policies excluding health & benefits.

+ Identify areas of company risk as well as areas of cost savings related to risk management.



**Sales Division Support (5%)**




+ Provide support for annual audit activity, Sarbanes Oxley compliance and other regulatory requirements.

+ Provide support to sales divisions for ongoing operations by monitoring risk factors, providing flash reports, arranging necessary action plans, and minimizing overall risk.



**If you're interested in this opportunity, pleas send your updated resume to micb481@kellyfinance.com.**




**Why Kelly** **** **?**



With Kelly, accounting and finance professionals like you will have access to some of the worlds
most respected companiesproviding you with challenging, high-visibility projects that can transform
your career. We work with 95 of the Fortune 100 companies, and more than 3,000 finance and accounting
hiring managers rely on us each year to access the best temporary and full-time talent: people like
you.


Let us help advance your career today.




**AboutKelly Services** ****



As a workforce advocate for over 70 years, we are proud to directly employ nearly 500,000 people
around the world and have a role in connecting thousands more with work through our global network of
talent suppliers and partners. Revenue in 2017 was $5.4 billion. Visit kellyservices.com and connect with us on Facebook, LinkedIn and Twitter .



Kelly Services is an equal opportunity employer including, but not limited to, Minorities, Females,
Individuals with Disabilities, Protected Veterans, Sexual Orientation, Gender Identity and is
committed to employing a diverse workforce. Equal Employment Opportunity
is The Law.

Categories

Posted: 2019-07-31 Expires: 2019-08-31

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Credit Risk Analyst

Kelly Services
Schaumburg, IL 60173

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