28 Dec
Hankook Tire
Mississauga
I.
Position Identification
Job Title Credit and AR Analyst - Assistant
Job Function
Accounting
Report to
Accounting ManagerII.
Job Purpose
Credit and AR Analyst plays a crucial role in supporting credit and AR management and various accounting tasks.III.
Key Responsibilities· Assisting a section of the overall A/R portfolio with respect to credit, collections, and customer interaction for TBR, PCLT and Corporate accounts.
Cash application and collection duties to be included as part of overall customer reconciliation process. · Daily credit hold releases and approvals based on company guidelines which are that the account must be within the credit line and not beyond the terms of sale.
· Send requests for confirmation of approval of lines of credit extended to Credit Insurance and Factoring and government insuring agencies. · Assisting bi-weekly and monthly meetings with “Key accounts” to review payment history, past due balances and open deduction status. · Preparing, editing and refining reports to North America and Global headquarters as needed. · Independent review of customer's orders to release credit holds based on specific guidelines (within the credit limit and not past due). · Responsible for credit hold releases and any over-the-line or past due balances as result of releasing orders outside of given credit policies and procedures.
Able to act independently and without constant supervision. · Processing of AVB and other credits as required. · Thorough understanding and knowledge of the Credit Management Suite (CMS) platform setup in order to enter and analyze results of reports on customer's financials - balance sheet, Income statement and statement of cash flows. · In-depth credit analysis and reporting of all credit lines based on updated financials,
sales trending and customer profitability. · Financial analysis based on liquidity, asset management, debt management and profitability.
Increase proficiency in reading/interpreting financial statements to determine credit lines and customer trending. · Run and analyze NACM (National Association of Credit Manager's) reports and other manufacturers trade reporting. · Research & resolve customer payment discrepancies to include deductions for shortage, returns, cash discount and other. · Research credit reporting agencies which can help us to determine customer viability and potential.· Integrate sales forecasting and trending into customer credit line determination. · Assisting general accounting duties including Accounts Payable and other administration.
Professional,
individual contributor level position with impact on business-based decision making
Individual contributor able to work without supervisionV.
Core Competencies· Must be computer literate, especially Microsoft EXCEL, WORD & POWER POINT· Able to “host” and provide feedback for department and inter-departmental conferences and meetings. · Knowledge of SAP or large ERP platform a plus.· Detail oriented and self-starter. · Actively demonstrates a positive attitude willingness to work as a Team to accomplish department and corporate goals. · Excellent verbal, written and customer service skills.
Ability to handle difficult situations while maintaining calm and purposefulness. · Thorough understanding of industry practices,
organizational need and general business conditionsVI.
Qualification· Diploma or degree in accounting or finance· 2+ years in B2B credit and collections experience· Working knowledge of accounting and credit/collection in B2B setting
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