Credit and Collections Analyst

Freeport, IL - USA

Monthly Salary: Not Disclosed

Posted on: Yesterday

Vacancies: 1 Vacancy

Job Summary

Job Summary
The Credit & Collections Analyst is responsible for managing accounts receivable customer collections credit evaluations and related financial reporting. Under minimal supervision this role analyzes customer credit risk ensures timely cash flow maintains accurate financial records and supports compliance with corporate credit policies. The Credit & Collections Analyst works closely with Finance Sales and senior leadership.

Key Responsibilities / Essential Duties:

Perform collections of customer accounts receivable.
Oversee and review cash receipts. Occasionally must make routine trips to the bank to deposit miscellaneous receipts.
Ensure the accuracy and timely monthly distribution of customer statements.
Summarize receivables by maintaining AR Aging.
Prepare monthly KPI reporting (DSO Key Customer AR etc.)
Meet with the CFO on a biweekly basis to review and discuss accounts receivable status.
Maintain accurate and up-to-date written documentation of AR related activities.
Responsible for entering Business Partners into ERP system. Coordinate the completion of New Customer Information Packet.
Coordinate the RMA process between various internal departments to issue credit memorandums.
Verify the validity of account discrepancies by obtaining and investigating information from sales and customer service.
Perform customer credit evaluations on new and existing customers as required by the Corporate Credit Policy to set appropriate credit limits and acceptable payment terms.
Maintain compliance with and recommend changes on an as needed basis to the Corporate Credit Policy.
Make recommendations to the CFO as to which credit evaluation tool(s) should be used to assist in performing the essential credit duties.
Responsible for reviewing daily credit alerts and preparation of Monthly Credit Comparison Report.
Responsible for the upkeep of customer sales tax exemption forms.
Other related duties as assigned.

Required Skills & Competencies:

Accounts Receivable (AR)
Credit Analysis and Risk Assessment
Collections Management
Financial Reporting and KPI Analysis
ERP Systems and Data Entry
Microsoft Excel Word and Outlook
Attention to Detail
Time Management and Organization
Written and Verbal Communication
Cross-Functional Collaboration
Customer Relationship Management

Qualifications:

Working knowledge of accounting principles related to sales accounts receivable and cash transactions.
Proficiency in Microsoft Excel (reporting analysis spreadsheets).
Ability to communicate clearly in written and verbal formats.
Strong organizational and prioritization skills.
Ability to work effectively with internal teams and external customers.
Ability to interpret and apply job-related policies procedures and documentation.
U.S. citizenship or ability to comply with U.S. export control regulations.
Ability to wear required personal protective equipment (PPE).

Education & Experience:

Associates degree in Accounting Finance or a related field preferred (or equivalent experience).
35 years of experience in accounts receivable credit analysis collections or a related accounting role required.

Physical Requirements:

Ability to sit at a computer workstation for extended periods.
Occasional walking between departments within a manufacturing facility.

Work Environment:

On-site office role within a manufacturing Industries promotes a collaborative on-site work culture.
Climate-controlled office with occasional exposure to production areas.

Why Work at Oberg Industries:

Competitive pay (above industry average)
Health dental and vision insurance (100% premium coverage)
Health Savings Account (HSA)
Opt-out reimbursement for medical coverage
401(k) with up to 4% company match
Annual Profit-Sharing contributions
Paid time off and holiday pay
Annual increases
Quarterly bonuses
Flexible start times
Overtime pay (after 8 hrs/day worked)
Air conditioned temperature-controlled environment
Clean bright and modern facilities
High focus on family work-life balance
Opportunities for career development and growth
Collaborative and safety-focused work environment

About Oberg Industries:
Oberg Industries LLC is a local family-owned contract manufacturer and supply chain integrator providing tooling/metal stamping and precision machining services to many well-known companies around the passion is for precision manufacturing and our breadth of expertise enables us to provide cost-effective manufacturing solutions for the most demanding and complex production challenges for our customers. Our highly trained workforce plays a pivotal role in our ability to produce high quality parts. At Oberg Industries you will join a team of amazing people who treat each other like family while working with products that are improving and saving peoples lives each and every day. Learn more about our award-winning organization by visiting .

At Oberg Industries LLC we are proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race color religion gender national origin genetics pregnancy disability age veteran status or other protected characteristics. No question on this application form is intended to solicit information about an applicants protected characteristics if addition the Americans with Disabilities Act requires employers to provide reasonable accommodations for known physical or mental disabilities of applicants.

Required Experience:

Manager

Job SummaryThe Credit & Collections Analyst is responsible for managing accounts receivable customer collections credit evaluations and related financial reporting. Under minimal supervision this role analyzes customer credit risk ensures timely cash flow maintains accurate financial records and sup...

Perform collections of customer accounts receivable.
Oversee and review cash receipts. Occasionally must make routine trips to the bank to deposit miscellaneous receipts.
Ensure the accuracy and timely monthly distribution of customer statements.
Summarize receivables by maintaining AR Aging.
Prepare monthly KPI reporting (DSO Key Customer AR etc.)
Meet with the CFO on a biweekly basis to review and discuss accounts receivable status.
Maintain accurate and up-to-date written documentation of AR related activities.
Responsible for entering Business Partners into ERP system. Coordinate the completion of New Customer Information Packet.
Coordinate the RMA process between various internal departments to issue credit memorandums.
Verify the validity of account discrepancies by obtaining and investigating information from sales and customer service.
Perform customer credit evaluations on new and existing customers as required by the Corporate Credit Policy to set appropriate credit limits and acceptable payment terms.
Maintain compliance with and recommend changes on an as needed basis to the Corporate Credit Policy.
Make recommendations to the CFO as to which credit evaluation tool(s) should be used to assist in performing the essential credit duties.
Responsible for reviewing daily credit alerts and preparation of Monthly Credit Comparison Report.
Responsible for the upkeep of customer sales tax exemption forms.
Other related duties as assigned.