Credit Analyst

Description:

Reporting to the Western Canadian Credit Manager, the Credit Analyst will perform the credit evaluation and analysis of all prospective new business and existing accounts within the assigned AR portfolio, documents potential exposure to risk, and communicates directly with customers and sales. Maximizes sales through a flexible and innovative approach of credit risk / order review and releases. Minimizes the investment in receivables by ensuring that accounts are collected as close to term, and protects the company against unwarranted bad debt losses.

Location: Delta, British Columbia

Shift: 40 Hour work week. Rotating hours Monday to Friday and may include some weekend coverage. We are back in the office with a hybrid model of 2 days in the office, and the balance of the week is working remotely.

Essential Functions:

• Responsible for adherence to GFS Credit & Collection policies, practices and procedures across assigned region(s).

• Reviews credit reports, payment history, financial information and industry trends to support exposure in order to effectively minimize risk and maximize sales.

• Review & research customer account application for completeness & accuracy, analyze past and current financial statements of companies, along with bank references, Commercial business reports ie. D&B, Experian or Equifax and information via Internet or other credit sources.

• Provide transactional approval with respective credit authority and or recommendation for transactions above credit authority. Provide appropriate written Financial reviews per authorized guidelines.

• Monitor customer order activities, accounts receivable and payment history on a daily basis to identify risk and ensure adherence to credit terms.

• Escalate key issues to Credit Manager, Sales and Leadership of potential credit risks in the portfolio to determine the next plan of action.

• Meets periodically with customers to review financials and to ensure recoverability of outstanding exposure.

• Establishing and maintaining good working relationships with customers and sales.

• Maintains confidentiality and uses utmost discretion with matters including but not limited to personal and or financial information in the duties of the position.

• Performs other duties and special projects as assigned

Minimum Requirements:

• Bachelor's Degree in Finance, Accounting, Business, or related field preferred

• Minimum of 5 years professional experience with exposure to customer credit evaluations and analysis or an equivalent combination of education and experience.

Knowledge / Skills / Abilities:

• Strong written and verbal communication skills

• Must be able to read, interpret and comprehend financial statements and business/personal credit reports

• Ability to prioritize tasks in a fast paced environment

• Understanding of credit risk management fundamentals

• Ability to solve problems under pressure and provide creative solutions when necessary

• Experience with negotiations and using sound judgment

• Must be creative in order to maximize Sales and minimize risk

• Goal oriented, motivated self starter, with excellent organizational skills and the ability to handle multiple tasks

• Be able to work within tight time demands, work independently or in a team environment

• Proficiency with MS Office and Google Suite, and skill set to perform research on Internet

• Knowledge of SAP, Business Analytics, AR Inquiry, and Genisys software applications preferred.