Let’s get started
By clicking ‘Next’, I agree to the Terms of Service
and Privacy Policy
Jobs / Job page
Credit Analyst image - Rise Careers
Job details

Credit Analyst

Title: Credit AnalystLocation: Itasca, ILCompensation: $27-29/hour dependent on relevant experienceAre you looking for an opportunity to work with a reputable company and well-established work environment? Our client is looking for a Credit Analyst to join their team. Please contact us today to discuss this role!Job Responsibilities:• Recommend and establish credit limits and terms in accordance with company policies.• Maintain and update credit files to reflect current customer financial standings.• Manage a portfolio of customer accounts, ensuring timely collections and addressing overdue payments.• Conduct collection calls, send follow-up emails, and manage all communication with customers to resolve outstanding balances.• Research and resolve disputed items, deductions, and chargebacks in collaboration with the billing and customer service teams.• Prepare regular reports on receivables, aging, credit risk, and collections activity to management.Requirements:• 3-5 +years of experience in Credit/Collections• Familiarity with financial statement analysis, bill of lading, D&B, etc.• Strong written and verbal communication skills• Proficient in Microsoft Excel and financial software (e.g., SAP, Oracle, or similar).Why choose Addison Finance and Accounting?• Pay: We negotiate high salaries using U.S. Bureau of Labor Statistics• Benefits & Bonuses: You are eligible for medical, dental, vision insurance benefits, 401K, and monetary bonuses• Permanent Employment: Many of Addison’s job openings lead to potential permanent employment• Connections: You connect directly with hiring managers from renowned organizations• Options: You are presented multiple employment options near your home• Professional Development: You are provided hiring process advice, resume revision, and employment term negotiationIND 002-004Addison Group is an Equal Opportunity Employer. Addison Group provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, gender, sexual orientation, national origin, age, disability, genetic information, marital status, amnesty, or status as a covered veteran in accordance with applicable federal, state, and local laws. Addison Group complies with applicable state and local laws governing nondiscrimination in employment in every location in which the company has facilities. Reasonable accommodation is available for qualified individuals with disabilities, upon request.

Average salary estimate

$58320 / YEARLY (est.)
min
max
$56160K
$60480K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Credit Analyst, Addison Group

Are you ready to step into an exciting role as a Credit Analyst at a reputable company located in Addison, IL? If you have a passion for numbers and a knack for analyzing financial data, this position is perfect for you! In this role, you will recommend and establish credit limits while maintaining up-to-date records of customer financial standings. You'll be managing your own portfolio of customer accounts, ensuring timely collections, and expertly addressing overdue payments. Communication is key, so you'll be making collection calls and sending follow-up emails to resolve any outstanding balances. Collaborating with billing and customer service teams, you'll investigate and resolve any disputed items or deductions. To keep management informed, you'll prepare regular reports on receivables, credit risks, and collection activities. With 3-5 years of relevant experience in credit and collections, familiarity with financial analysis tools, and proficiency in financial software like SAP or Oracle, you are just what we're looking for! This Credit Analyst role offers a competitive compensation package, a chance for permanent employment, and valuable connections within the industry. Let's take your finance career to new heights together!

Frequently Asked Questions (FAQs) for Credit Analyst Role at Addison Group
What are the main responsibilities of a Credit Analyst at Addison, IL?

As a Credit Analyst at Addison, IL, your main responsibilities include recommending credit limits, managing a portfolio of customer accounts, conducting collection calls, and preparing reports on receivables and credit risk. You will also need to maintain accurate and updated credit files to reflect the latest customer financial standings.

Join Rise to see the full answer
What qualifications do I need to apply for the Credit Analyst position at Addison Group?

To apply for the Credit Analyst position at Addison Group, you should have 3-5 years of experience in credit and collections, along with strong written and verbal communication skills. Familiarity with financial statement analysis and proficiency in tools like Microsoft Excel, SAP, or Oracle are essential for success in this role.

Join Rise to see the full answer
How does Addison Group support the professional development of Credit Analysts?

Addison Group supports the professional development of Credit Analysts by offering resume revisions, hiring process advice, and employment term negotiation assistance. This ensures that you are well-prepared and positioned for success in your credit analysis career.

Join Rise to see the full answer
What kind of reports will a Credit Analyst at Addison, IL need to prepare?

As a Credit Analyst at Addison, IL, you will be responsible for preparing regular reports on receivables, aging, credit risk, and collections activities. These reports are crucial for management to assess the overall financial health and risk factors associated with customer accounts.

Join Rise to see the full answer
What benefits can I expect as a Credit Analyst at Addison Group?

As a Credit Analyst at Addison Group, you can expect a compensation range of $27-29/hour, along with eligibility for medical, dental, and vision insurance benefits and a 401K plan. Additionally, there are opportunities for monetary bonuses, which contribute to your overall compensation and job satisfaction.

Join Rise to see the full answer
Common Interview Questions for Credit Analyst
Can you describe your experience with financial analysis as a Credit Analyst?

When answering this question, highlight specific experiences you have had with analyzing financial statements, assessing creditworthiness, and using financial software tools to perform analyses. Mention any relevant projects or outcomes to demonstrate your expertise.

Join Rise to see the full answer
How do you assess the credit risk of a customer?

Explain your method for evaluating credit risk, including reviewing financial statements, credit histories, and other relevant data. Discuss how you use this information to inform your recommendations on credit limits.

Join Rise to see the full answer
What steps will you take to manage overdue accounts?

Detail your approach to managing overdue accounts, including initial communication methods, follow-up strategies, and collaboration with other departments to resolve disputes. Emphasize the importance of professionalism and maintaining relationships during this process.

Join Rise to see the full answer
What financial software are you proficient in, and how have you used it in your previous roles?

List the financial software you have experience with, such as SAP or Oracle, and provide examples of how you have used these tools for credit analysis, reporting, or managing customer accounts effectively.

Join Rise to see the full answer
How do you stay updated with changes in credit and collections regulations?

Discuss your commitment to continuous learning by mentioning specific resources such as industry publications, webinars, and training programs that keep you informed about regulatory changes in credit and collections.

Join Rise to see the full answer
Can you provide an example of a challenging situation you've faced as a Credit Analyst?

Share a specific example when you successfully resolved a challenging credit-related issue. Highlight how you approached the situation, the steps you took, and the positive outcome that resulted.

Join Rise to see the full answer
How do you ensure accuracy in your credit reports?

Emphasize your attention to detail and the process you follow to double-check figures, review information from multiple sources, and maintain meticulous records. Explain how this diligence contributes to your report accuracy and reliability.

Join Rise to see the full answer
What strategies do you use to improve collections?

Discuss various strategies you employ to enhance collections, such as effective communication, utilizing technology, and building rapport with customers to encourage timely payments. Providing examples will strengthen your response.

Join Rise to see the full answer
How do you handle disputes regarding credit information?

Explain your method for handling disputes, which may include gathering necessary documentation, communicating with the customer, and working closely with internal teams to resolve the issue amicably and professionally.

Join Rise to see the full answer
What motivates you to work as a Credit Analyst?

Share your passion for finance and your eagerness to contribute to the company’s financial health. Mention any specific aspects of credit analysis that excite you and how they align with your career goals.

Join Rise to see the full answer
Similar Jobs
Photo of the Rise User
Posted 8 days ago
Photo of the Rise User
Posted 6 days ago
Photo of the Rise User
APIVITA S.A Remote No location specified
Posted 10 days ago
Posted 7 days ago
Photo of the Rise User
Posted 9 days ago
Photo of the Rise User
AECOM Remote Glen Allen, VA
Posted 14 days ago

To us, business is personal. As a leading professional services firm, specializing in consulting services and talent solutions, we are dedicated to empowering people. We take a consultative approach, delivering people with the precise skills and ...

156 jobs
MATCH
Calculating your matching score...
FUNDING
DEPARTMENTS
SENIORITY LEVEL REQUIREMENT
TEAM SIZE
EMPLOYMENT TYPE
Full-time, on-site
DATE POSTED
December 9, 2024

Subscribe to Rise newsletter

Risa star 🔮 Hi, I'm Risa! Your AI
Career Copilot
Want to see a list of jobs tailored to
you, just ask me below!