Credit Analyst

Friday, November 1, 2024

The Credit Analyst is responsible for Credit Management, Customer Master Management, Bad AR Monitoring, and AR Support.

PRINCIPAL RESPONSIBILITIES:

Credit

• Support corporate credit policy and procedures;
• Execute periodic credit reviews of customer’s accounts based on overall creditworthiness assessment & provide credit recommendations;
• Timely assess creditworthiness of existing and/or new customers by evaluating applications, financial transactions, and credit/payment history;
• Manage the credit limit from insurer, prepayment/Letter of Credit from customers to support customer credit limits and promptly communicate with related parties;
• Review and assess credit and financial conditions of customers on a regular basis;
• Monitor AR Aging to minimize company’s exposure to bad debt and report & file the claim to insurance in a timely manner;
• Monitor violation of credit policies or any changes in financial stability, payment terms, legal name/ownership and re-evaluate credit terms accordingly;
• Maintain strong relationships with stakeholders to communicate credit decisions.

Customer Master Management

• Accurate new customer information registration;
• Enter, update, and retrieve information for credit applications;
• Conduct regular inspections to clean up unnecessary customer codes;
• Regular annual agreements review and reconciliation;
• Reconcile payment terms on a regular basis.

KNOWLEDGE, SKILLS & ABILITIES

• Bachelor’s Degree in finance, Business, or Accounting & 1-3 years’ experience;
• Proficiency in reading/interpreting financial statements for the purpose of underwriting credit;
• Excellent oral and written communication skills;
• Experience working in a fast-paced environment, strong ability to multitask, detail-oriented and well organized;
• Ability to work independently, but also collaboratively in a team;
• Maintain a high degree of confidentiality and professionalism;
• Must be proficient with Word, Excel, PowerPoint.

Note: This job description is not intended to be all-inclusive. Employees may perform other related duties as negotiated to meet the ongoing needs of the organization. The organization offers an attractive compensation package that encompasses a competitive salary and excellent benefits.

Conditions of Employment:

• It is the candidate’s sole responsibility to obtain any work permits/visas or other authorizations which may be required to legally work in Canada prior to commencing employment.

Equal Opportunity Employer:

LG Electronics Canada, Inc. is strongly committed to diversity and inclusion and aims to create a healthy, accessible, and rewarding work environment which highlights employees’ unique contributions to our company’s success. As an equal opportunity employer, we welcome applications from all to help us build a diverse workforce that reflects the diversity of our customers and communities in which we live and serve. LG Electronics Canada, Inc. will provide accommodations throughout the recruitment, selection, and/or assessment process to applicants with disabilities. If selected to participate in the recruitment, selection, and/or assessment process, please inform LG’s Human Resources staff of the nature of any accommodation(s) that you may require in respect of any materials or processes.

LG Electronics Canada, Inc. thanks all candidates for their interest; however, only those selected to continue in the process will be contacted.