Credit Analyst

Job Description

ABC Supply is a Gallup Exceptional Workplace winner for the past 16 years. We offer a comprehensive benefits package available for full-time regular employees and includes Medical w/Pharmacy, Dental, Vision, Long Term Disability, Short Term Disability, Flexible Spending Account Options, Life Insurance, 401K with match, and paid time off.

ABC Supply is the domestic leader in the wholesale distribution of exterior construction products. We were founded in 1982 to provide world-class service to contractors through best-in-class associate engagement.

Are you a highly engaged, detailed oriented person that enjoys a fast-paced, collaborative, and fun work environment? If you answered yes, we would love to hear from you. Check out the details below!

POSITION:  Credit Analyst

SUMMARY:   Establish credit lines for potential new customers as well as maintain existing customer credit lines by performing reviews of financial statements, credit reports, and account history.

ESSENTIAL DUTIES AND RESPONSIBILITIES include the following.  Other duties may be assigned.

• Evaluate portfolio risk to share with field operations and CFS management.
  • Include discussions about unsecured and secured money
  • Job account participation
• Each quarter recommends shifts in risk tolerance based on current economic conditions.
• Evaluate the credit lines of the existing customer base and make appropriate adjustments to credit lines
  • Ensure proper documentation is in place
    • Credit Application, Ownership, Financial Statements, Tax Exempt Forms
  • Evaluate financial statements, credit reports, and other documentation
  • Design action plans
    • Obtain additional security, guarantees, etc.
    • Hold review meetings with management and outside sales staff
    • Discuss with customer
    • Elevate issues
• Review credit applications for a given region approving or denying within authority limitations
  • Obtain/negotiate additional security and guarantees as appropriate.
  • Obtain and review customer financial statement information for credit recommendation
  • Discuss options with management and sales
  • Elevate discrepancies and disagreements between field operations and the CFS team
• Review large job credit extensions as elevated approving or denying within authority limitations.
  • Ensure proper security is available
  • Discuss options with field operations
• Ensure all necessary steps are taken and documented to preserve lien/bond rights
• Resolve customer and branch issues elevated by processors, others in the CFS organization, accounting, or branches
• Make certain that each request is given equal consideration

As Needed / Projects

• Participate in new software development, training, and testing
• Acquisition Follow up
  • Obtain new Credit Applications
  • Obtain/Maintain old credit applications
  • Ensure proper document retention
• Travel required
• Travel to Regional, District, and Branch Meetings
• Other travel as deemed necessary
• Participate in NSC/Region surveys, questionnaires, etc.
• Elevate ethical issues, policy deviations, and procedure issues

Qualifications

• Prefer a bachelor’s degree in Business Administration, Finance, or Accounting or equivalent experience.
• Three years experience in Commercial Credit and Collections
• Basic Knowledge of effective credit extension practices, credit laws, construction liens, and bonds
• Proficient in Excel and Word
• Ability to Manage and prioritize multiple tasks in order to meet deadlines with varying degrees of pressure
• Strong organizational, communication, and follow-up skills
• Ability to handle confidential information responsibly
• Strong analytical, problem-solving, and decision-making capabilities with the ability to properly assess pertinent data and develop a framework for effective and practical solutions to complex issues
• Team player with the ability to develop strong working relationships and bring groups together on difficult issues

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