Credit Analyst
Credit Analyst
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$ 44000 - 66000
1 Vacancy
Job Description
If you are currently an employee of Herc Rentals please apply using this link:Herc Employee Career Portal
Founded in 1965 Herc Rentals is one of the leading equipment rental suppliers in North America with 2024 total revenues reaching approximately $3.6 billion. Herc Rentals parent company known as Herc Holdings Inc. listed on the New York Stock Exchange on July 1 2016 under the symbol HRI. Herc Rentals serves customers through approximately 450 locations and has about 7600 employees in North America as of March 31 2025.
Job Purpose
Herc Rentals is a premier full-line equipment-rental company providing our customers the equipment solutions they need to get their work done safely confidently and cost effectively while enabling them to conserve capital for their growth investments.
With over 50 years of equipment-rental expertise approximately 4500 employees more than 280 branches andfranchise locations around the world Herc Rentalsis a leader in all of the key markets that it serves including transportation; industrial & manufacturing; oil & gas; government & municipalities; construction mining & energy; remediation & restoration; emergency response; facilities; MRO; entertainment; and ground care.
We aspire tobe the supplier employer and investment of choice in our industry with core values that promote a culture built on integrity respect teamwork and accountability.
What you will do...
- The primary mission of theJunior Credit Analyst is to assist with minimizing bad debt maximizing cash flow and increasing revenue while mitigating the risk associated with the extension of credit.
- Some experience in credit risk analysis is required to identify high risk accounts with potential cash flow issues. This is done by analysis of commercial credit reports for all new applications and existing customers.
- This position is responsible for processing new account applications and accurately setting up all accounts.
- The Junior Credit Analyst will:
- Assist with risk reviews of existing customers and customers who have reached their credit limits to make appropriate recommendations.
- Complete risk tracking for top customers as requested by management.
- Maximize cash flow and decrease Days Sales Outstanding (DSO) by working with the Collections Department Sales and customers.
- Work closely with the Order to Cash (OTC) Team to ensure all targets are met.
- Assist with Risk Reporting for Management
- Assist with supporting new customer activations
- Review account suspensions reactivations and credit limit increases/decreases
- Maintain relationships with Internal and External customers to drive efficiencies in processes
- Monitor payment history and risk exposure for accounts
- Provide a high-level of customer service to resolve customer and branch issues
- Complete reporting for Credit Department
- Enforce and maintain current credit policy and risk models
Requirements
- 3 Years General Business Experience
- 1 Years Credit Experience
Skills
- Self-starter Achievement Driver and ability to multi-task
- Experience with Commercial Credit Reporting Agencies (i.e. Dun and Bradstreet Experian)
- Knowledge of Commercial Credit Reporting Financial Statements and Settlement Agreement
- Advanced skills pertaining to Excel
- Strong Sense of Urgency and Customer Focus/ Organizational and Time Management Skills
- Excellent Verbal and Written Communication/ Advanced Microsoft Excel and Word
- Value-Added Business Contributor
Req #: 63356
Pay Range:$44000 - $66000
Please be advised that the actual salary offered for any position is subject to the companys sole discretion and may be influenced by various factors including but not limited to the candidates qualifications experience location and overall fit for the role.
Herc Rentals values its employees and provides excellent compensation and benefits packages which are not limited to the following.
Keeping you healthy
Medical Dental and Vision Coverage
Life and disability insurance
Flex spending and health savings accounts
Virtual Health Visits
24 Hour Nurse Line
Healthy Pregnancy Program
Tobacco Cessation Program
Weight Loss Program
Building Your Financial Future
401(k) plan with company match
Employee Stock Purchase Program
Life & Work Harmony
Paid Time Off (Holidays Vacations Sick Days)
Paid parental leave.
Military leave & support for those in the National Guard and Reserves
Employee Assistance Program (EAP)
Adoption Assistance Reimbursement Program
Tuition Reimbursement Program
Auto & Home Insurance Discounts
Protecting You & Your Family
Company Paid Life Insurance
Supplemental Life Insurance
Accidental Death & Dismemberment Insurance
Company Paid Disability Insurance
Supplemental Disability Insurance
Group Legal Plan
Critical Illness Insurance
Accident Insurance
Herc does not discriminate in employment based on the basis of race creed color religion sex age disability national origin marital status sexual orientation citizenship status political affiliation parental status military service or other non-merit factors.
Required Experience:
IC
Employment Type
Full Time
