Credit Analyst

The Credit Analyst supports the Accounts Receivable (AR) & Credit Manager in assuring adherence to the company’s credit procedures and actively participates in credit extension and risk management of the AR portfolio. The Credit Analyst provides analytical support and other assistance to evaluate the effectiveness of credit activity and recommends appropriate courses of action to the AR and Credit Manager.

The Exponential Technology Group (XTG) is a specialist in the electronic component distribution and design engineering services industries. XTG is part of the TTI Family of Specialists. This position will be onsite in North Fort Worth, with the opportunity to work from home two (2) days a week after the initial 90-day training period.

ACCOUNTABILITIES

Investigate and verify information provided on new account credit applications by utilizing bank and trade references, along with D&B and Summit credit reports and the internet to evaluate and establish credit limits within authority up to $250,000. Make recommendations to the AR & Credit Manager approval of amounts over authority level.

Perform new account set-ups on the company database by utilizing the information provided on the approved credit applications and new account e-form, ensuring timely and accurate processing.

Proactively evaluate accounts for orders being held and take appropriate steps to determine cause and initiate corrective action based on circumstance. Support Symmetry sales representative or manager as needed. Proactively initiate communications with the AR & Credit Manager to effectively address account and order risk issues.

Conduct credit reviews for customers, per policy, and maintain customer account information within our accounting systems.

Prepare and review weekly status reports for AR & Credit Manager.

Perform customer account risk management by utilizing the accounting systems, including reviewing daily task lists, customer hold reports, etc.

Provide troubleshooting assistance to the sales team by analyzing customer account information, evaluating customer balances, billing discrepancies, and orders being held, to allow optimum account performance.

Provide, suggest, support, and implement alternatives to work processes that lead to increased efficiencies and quality of work of the credit team.

Effectively communicate and escalate issues and information to the Credit Supervisor or other appropriate levels of management on a timely basis.

Develop and maintain strong working relationships and rapport with both internal and external customers.

Provide support to the credit department by preparing and maintaining business correspondence, creating customer files, and providing credit references and proof of deliveries.

Additional duties as assigned.

EDUCATION & EXPERIENCE

High School diploma or GED required. Bachelor’s Degree preferred, with a minimum of three years of experience in commercial credit and collections; or an equivalent combination of education and experience. Knowledge of various accounting systems and knowledge of accounts receivable preferred. National Association of Credit Management (NACM) certification is a plus.

SKILLS & CERTIFICATIONS

Ability to perform credit and collections analysis and provide appropriate recommendations.

Strong background in accounts receivable and/or basic accounting.

Advanced analytical, problem solving, and negotiation and reasoning skills.

Ability to act independently and have a high level of professionalism essential for interaction with customers, cross functional teams and management.

Possess strong interpersonal, written and oral communication skills.

High level attention to detail, accuracy, and timely communication.

Ability to manage multiple assignments, meet deadlines and quality expectations.

Adept in taking initiative to providing new ideas to improve process efficiencies.

Competent in writing reports and business correspondence proficiently and professionally.

Possess technical competency to utilize company computer system and financial related software packages.

Knowledge of Microsoft Office applications.

Strong alpha numeric data entry with good quality.

What we offer our team members:

A great benefits package that includes (but is not limited to) Medical/ Dental/ Vision, 401(k)/Roth plan with matching contribution, Healthcare Savings Accounts.

A wide variety of benefits to include Tuition Reimbursement, vacation, floating holidays, volunteer day off, PTO or sick time.

Ongoing training throughout your employment with opportunities to participate in professional and personal development programs.

A strong focus on giving back to our communities through philanthropic opportunities.

Great culture and opportunities for growth and advancement.

This is a summary of the primary accountabilities and requirements for this position. The company reserves the right to modify or amend accountabilities and requirements at any time at its sole discretion based on business needs. Any part of this job descriptions is subject to possible modification to reasonably accommodate individuals with disabilities.

Visa sponsorship is not available for this role. Only candidates authorized to work in the United States will be considered.

XTG is an Equal Opportunity Employer, and we support protected veterans and individuals with disabilities through our affirmative action program.