Credit & Colletions Specialist
Credit & Colletions Specialist
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Job Description
Job Details
Division: Rytec Corporation
Location: Jackson WI United States
Other Available Locations: N/A
Welcome to Nucor where our unique culture sets us apart. Joining Nucor means becoming part of North Americas largest steel and steel products manufacturer offering unmatched career opportunities and stability. We are known for our innovative sustainability practices and are the continents largest recycler. Our vibrant culture built on personal connections and teamwork empowers every team member with the freedom to innovate and contribute to our collective success. Experience a workplace where safety efficiency and meaningful personal connections define every day enriching both our teammates and the communities we serve.
Nucor supports its teammates with top-tier benefits like Medical Dental Vision and Disability Insurance 401K and Roth accounts Profit sharing Pay-for-performance bonuses Paid parental leave Tuition reimbursement Stock program Scholarships and more.
Basic Job Functions:
SUMMARY:
The Credit and Collections Specialist is responsible for evaluating and managing customer credit and driving timely collection of outstanding receivables. This role has authority over credit terms limits and holds and plays a key role in protecting Rytecs cash flow and minimizing financial risk. By partnering closely with teammates across the organization including Sales and Finance this position ensures that only prudent credit is extended payments are collected efficiently and issues are resolved quicklywithout compromising customer relationships.
ESSENTIAL FUNCTIONS:
- Evaluate creditworthiness of new customers and determine credit line limits payment terms and conditions.
- Monitor existing accounts and revise credit limits and terms as needed based on risk and payment history.
- Monitor and manage accounts receivable aging reports to identify delinquent accounts and prioritize collection activities.
- Lead proactive collections efforts including direct outreach and negotiation of payment plans where appropriate.
- Investigate and resolve invoice disputes PO discrepancies or other barriers to timely payment.
- Coordinate with sales operations and leadership on order release decisions and account credit holds.
- Escalate delinquent accounts to legal or third-party collection partners when warranted.
- Respond to external credit reference requests.
- Maintain accurate and up-to-date customer records and account notes in SAP.
- Recommend updates to Rytecs credit policy based on evolving risk market or customer trends.
Safety is the most important part of all jobs within Nucor; therefore candidates must be able to demonstrate the ability to initiate lead and uphold safety policies practices procedures and housekeeping standards at all times.
Minimum Qualifications:
Safety is the most important part of all jobs within Nucor; therefore candidates must demonstrate the ability to initiate lead and uphold safety policies practices procedures and housekeeping standards at all times.
Minimum Requirements:
- Strong communication skills with the ability to interact across all levels of the organization and with external customers.
- Proven ability to maintain confidentiality and sound judgment when managing financial information.
- Experience with Microsoft Office and SAP.
- Self-motivated detail-oriented and capable of managing multiple priorities effectively.
- Solid understanding of credit risk collections and basic accounting principles.
- Ability to read analyze and interpret business and legal documents and draft clear correspondence.
- Strong math and analytical skills including ability to calculate ratios percentages and payment schedules.
Preferred Qualifications:
- Bachelors degree in Accounting Finance or related field OR
- 24 years of relevant credit/collections experience OR
- Equivalent combination of education and experience.
Nucor is an Equal Opportunity/Affirmative Action Employer M/F/Disabled/Vets and a drug free workplace
Required Experience:
Unclear Seniority
Employment Type
Unclear
