Senior Credit Analyst

The Senior Credit Analyst (Manufacturing) is responsible for establishingcredit limits for new accounts or reviewing credit limits for existing position is responsible foroverseeing the Pennex portfolio of accounts to ensuretimelypaymentsand to keep them within their designated credit addition the Senior Credit Analystworksto resolve any customer disputes or complaints and escalates to the credit manager ifdeterminedthat the customer is unwilling or unable to payin accordance withagreed upon payment terms.

Essential Duties and Responsibilities:

Oversees all credit and collection responsibilities for Pennex

Establishes internal credit limits for customers through comprehensive analysis including financial statement review operational assessment and high-level customer discussions.

Secures credit insurance when appropriate to support customer credit limits.

Conducts ongoing reviews of existing customer credit limits with formal annual reviews.

Makes internal credit decisions up to $250k and prepare credit recommendations for the credit committee for decisions above this amount based on comprehensive analysis and review.

Education and Experience:

Bachelors degree in Finance Accounting or a related field required

Masters degree preferred

10 or more years of commercial credit experience as Senior Credit Analyst or equivalent

Required Skills/Abilities:

Strong verbal communication and negotiating skills

Strong analytical skills

Demonstrates strong initiative and self-motivation by proactively identifying risks improving processes and driving tasks to completion with minimal supervision

Champions continuous improvement initiatives that drive operational excellence and measurable results

Strong judgment and decision-making skills with a demonstrated ability to balance risk and profitability

Experience with ERP systems (Microsoft Dynamics 365 preferred)

Strong collaboration with sales operations supply chain and finance teams

Ability to challenge assumptions and influence stakeholders while maintaining relationships

Travel up to 25% as needed

Regular attendance required.

Must be able to pass pre-employment physical and drug screen.

Must be eligible to work in the United States visa sponsorships are not available.

Ensures adherence to customer payment terms through effective collection management.

Works closely with sales and admin teams to identify and correct problems and issues causing payment delays.

Develops payment plans with customers experiencing cash flow problems where appropriate while managing overall credit risk.

Files insurance claims and/or bankruptcy claims as necessary for nonperforming or bankrupt accounts.

Monitors and controls credit exposures for all customers to ensure adherence to established credit limits.

Other duties as assigned.