Credit & Collections Analyst
Accounting & Finance/Accounts Receivable
LHH
$50,000.00 - $60,000.00 per Year
Oakbrook Terrace, IllinoisDirect Hire
Accounts Receivable
Accounting & Finance
Credit & Collections Analyst
Position Overview: The Credit & Collections Analyst will be responsible for managing and optimizing the credit and collections process for our customer accounts. This role involves handling credit applications, collections activities, and waivers process. The ideal candidate will have experience in Supply Chain, or Construction and possess strong organizational and communication skills.
Key Responsibilities:
Assist in the credit application process for new and existing customers. Pulling D&B reports, credit references, and other pertinent information needed for credit evaluations
Review and monitor credit accounts
Manage and oversee the collections process, including contacting customers for overdue payments and negotiating repayment plans
Conduct follow-ups on outstanding invoices, addressing and resolving any payment disputes or issues
Maintain accurate records of collections activities and account interactions
Prepare and file legal liens as needed to secure payment in accordance with state and federal regulations
Ensure all lien documentation is accurate and timely filed to protect the company’s financial interests
Assist in lien release processes upon receipt of payment or settlement
Issue and manage partial and final waivers of lien, ensuring compliance with contractual agreements and legal requirements
Verify and confirm receipt of waivers and maintain records of all waiver transactions
Generate and analyze reports on accounts receivable, aging accounts, and collection performance
Build and maintain positive relationships with customers, addressing any credit or payment issues professionally and effectively
Qualifications:
Minimum of 2 years of experience in credit and collections
Bachelor’s degree in Finance, Accounting, Business Administration, or a related field preferred but NOT REQUIRED
Understanding of credit management, collections processes, and a true interest to learn and grow is important to us
High level of accuracy in managing financial records, documentation, and legal filings
Excellent verbal and written communication skills
Strong organizational and time-management skills with the ability to handle multiple tasks and priorities
We are looking for someone very professional, smart, who takes initiative
Benefits Upon Joining!
Health, vision and dental plans through Blue Cross Blue Shield
Small company environment with lots of visibility and exposure
Fast growing company with room for advancement
Company sponsored 4% match on 401K investments
Generous PTO plans starting at 14 days, 4 of which can rollover
Flex spending accounts
Discretionary bonus
Casual dress code and more!
Pay Details: $50,000.00 to $60,000.00 per year
Search managed by: Jennifer Kizorek
Equal Opportunity Employer/Veterans/Disabled
To read our Candidate Privacy Information Statement, which explains how we will use your information, please navigate to https://www.lhh.com/us/en/candidate-privacy
The Company will consider qualified applicants with arrest and conviction records in accordance with federal, state, and local laws and/or security clearance requirements, including, as applicable:
- The California Fair Chance Act
- Los Angeles City Fair Chance Ordinance
- Los Angeles County Fair Chance Ordinance for Employers
- San Francisco Fair Chance Ordinance
Credit & Collections Analyst
Accounting & Finance/Accounts Receivable
LHH
$50,000.00 - $60,000.00 per Year
Oakbrook Terrace, IllinoisDirect Hire
Accounts Receivable
Accounting & Finance
Credit & Collections Analyst
Position Overview: The Credit & Collections Analyst will be responsible for managing and optimizing the credit and collections process for our customer accounts. This role involves handling credit applications, collections activities, and waivers process. The ideal candidate will have experience in Supply Chain, or Construction and possess strong organizational and communication skills.
Key Responsibilities:
Assist in the credit application process for new and existing customers. Pulling D&B reports, credit references, and other pertinent information needed for credit evaluations
Review and monitor credit accounts
Manage and oversee the collections process, including contacting customers for overdue payments and negotiating repayment plans
Conduct follow-ups on outstanding invoices, addressing and resolving any payment disputes or issues
Maintain accurate records of collections activities and account interactions
Prepare and file legal liens as needed to secure payment in accordance with state and federal regulations
Ensure all lien documentation is accurate and timely filed to protect the company’s financial interests
Assist in lien release processes upon receipt of payment or settlement
Issue and manage partial and final waivers of lien, ensuring compliance with contractual agreements and legal requirements
Verify and confirm receipt of waivers and maintain records of all waiver transactions
Generate and analyze reports on accounts receivable, aging accounts, and collection performance
Build and maintain positive relationships with customers, addressing any credit or payment issues professionally and effectively
Qualifications:
Minimum of 2 years of experience in credit and collections
Bachelor’s degree in Finance, Accounting, Business Administration, or a related field preferred but NOT REQUIRED
Understanding of credit management, collections processes, and a true interest to learn and grow is important to us
High level of accuracy in managing financial records, documentation, and legal filings
Excellent verbal and written communication skills
Strong organizational and time-management skills with the ability to handle multiple tasks and priorities
We are looking for someone very professional, smart, who takes initiative
Benefits Upon Joining!
Health, vision and dental plans through Blue Cross Blue Shield
Small company environment with lots of visibility and exposure
Fast growing company with room for advancement
Company sponsored 4% match on 401K investments
Generous PTO plans starting at 14 days, 4 of which can rollover
Flex spending accounts
Discretionary bonus
Casual dress code and more!
Pay Details: $50,000.00 to $60,000.00 per year
Search managed by: Jennifer Kizorek
Equal Opportunity Employer/Veterans/Disabled
To read our Candidate Privacy Information Statement, which explains how we will use your information, please navigate to https://www.lhh.com/us/en/candidate-privacy
The Company will consider qualified applicants with arrest and conviction records in accordance with federal, state, and local laws and/or security clearance requirements, including, as applicable:
- The California Fair Chance Act
- Los Angeles City Fair Chance Ordinance
- Los Angeles County Fair Chance Ordinance for Employers
- San Francisco Fair Chance Ordinance