Credit Analyst

at  Hankook Tire Manufacturing Tennessee

III. KEY ACCOUNTABILITIES

• Proficient in SAP Acounts Receivable Module.
• Responsible for group of customer accounts to include all aspects of credit line extension and collections.
• Reconciliation and resolution of deductions taken on assigned customer accounts.
• Reconciliation includes resolving deductions/chargebacks for: shortages, returns, pricing, AVB and any other.
• Maintain credit files with most up-to-date information including: credit application, D&B report, NACM report, financial statements with accompanying analysis and security filed.
• Monthly reporting of past due balances to Management.
• Daily collection follow-up to include e-mails, letters and customer visits where appropriate.
• Yearly financial statement analysis and evaluation for customer’s credit line.
• Credit insurance and Factor reporting and risk mitigation procedures.
• Duties/responsibilities as assigned by Management.
  Level of Accountabilities:

IV. LEVEL OF ACCOUNTABILITIES

• Individual contributor
• Willingness to make a financial contribution for Credit & Collections and overall Finance Department.
• Key impact on Hankook’s overall AR position and cash flow by improving Days Sales Outstanding (DSO) and Collection percentage.
• Reporting key metrics for credit and collections such as month-end collections percentage. Month-over-month improvements and DSO calculations.
  Core Competencies:

VI. QUALIFICATIONS

• Bachelor’s degree required.
• Minimum 4– 10 years experience as Credit/Collections Analyst for Credit department.
• Accounting or financial background, preferably in Credit and/or collections.
• General knowledge of Finance and/or Accounting in Corporate environment

The Credit Analyst - Accounts Receivable (Credit Administrator) is assigned a group of customer accounts typically associated with a specific geographic area and/or Sales Manager. Roles involves detailed financial statement analysis, credit order approval and credit line extension under Hankook’s policies and procedures.
The role requires a background in transacting activities in corporate environment inside a large ERP platform such as SAP, Oracle or similar. SAP knowledge is preferred.
The ideal candidate will have had experience with total account ownership handling all accounts credit and extension requirements including customer interface, financial statement analysis, credit line configuration and filing and obtaining security to include UCC1 Agreements, Personal Guarantees, Cross Corporate Guarantees and obtaining credit insurance and working with Factors.
Credit interaction includes both internal and external customers such as Sales, Logistics, Claims and Finance departments. Candidate will also possess a strong excel, reporting and business accounting background.
Key Accountabilities: