I. Position Identification

Job Title

Credit and AR Analyst - Assistant

Job Function

Accounting

Report to

Accounting Manager

Job Purpose

II. Job Purpose

Credit and AR Analyst plays a crucial role in supporting credit and AR management and various accounting tasks.

Key Accountabilities

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.

Level Of Accountabilities

Professional, individual contributor level position with impact on business-based decision making
Individual contributor able to work without supervision

Core Competencies

V. 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 conditions

Qualifications

VI. 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

Hankook Tire America Corp.

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