Credit Coordinator

SUMMARY:

This position is responsible for researching and examining credit risks, assessing credit history, and approving or disapproving extension of credit.

DUTIES AND RESPONSIBILITIES

1. Credit Risk Assessment
   1. Approve the release of sales orders based on credit parameters.
   2. Prepare timeline reports as needed.
   3. Monitor ongoing credit risk and update credit limits periodically.
   4. Evaluate credit histories and payment behavior of existing and potential clients.
   5. Set discretionary credit limits (DCL) in accordance with credit insurance policy.
   6. Prepare and review special buyer credit limit (SBCL) applications.
   7. Review financial statements, balance sheets, income statements, and other financial documents to assess the creditworthiness of (potential) clients.
   8. Analyze risks of pending orders in excess of credit limit and communicate potential uninsured exposure to senior management or decision makers.
2. Credit Reports and Analysis
   1. Provide regular updates to senior management regarding credit risk developments and portfolio performance.
3. Collaborations
   1. Collaborate with sales and operations teams to discuss credit limits, terms, and conditions for new and existing customers.
   2. Support AR Coordinator with the application of incoming payments (backup).
   3. Assist with year-end audit responsibilities.
   4. Special projects and assignments as business dictates.

SUPERVISORY RESPONSIBILITIES

• This position has no supervisory responsibilities.

SKILLS AND QUALIFICATIONS

• Bachelor's degree in Accounting or Finance
• 2 to 4 years of relevant experience
• Proficient in computer applications
• Effective oral and written communication skills
• Detail oriented
• Ability to meet all deadlines
• Must have attention to detail and focused concentration
• Must be able to learn new tasks and complete tasks independently
• Must be able to make timely decisions in the context of the workflow
• Must possess strong organizational skills, ability to multi-task and responsiveness

PHYSICAL DEMANDS

• Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions

WORK ENVIRONMENT

• Normal office environment.