Accounts Receivable Credit and Collections Analyst

Job Posted 1/20/2025

Lion Copolymer Geismar, LLC

Geismar, LA 70734

United States

Category Accounting

Job Description

POSITION PURPOSE: Briefly summarize why your job exists.

Manage domestic and foreign credit exposures while minimizing days sales in Accounts Receivable; assist in preparation of various credit reports; responsible for administering and managing company credit policies. Interaction with customers and salesmen pertinent to job function.

PRINCIPLE ACCOUNTABILITIES: List each major accountability (end result) and the key activities necessary to accomplish the end result.

Maintain and ensure that customer credit terms are in accordance with Lion Policy guidelines
Contact vendors, banks, suppliers and credit agencies for references.
Review financial statements and prepare written credit analysis for approval of credit limits and/or credit terms as needed.
Monitor and proactively manage credit holds.
Review Commercial Letters of Credit and provide changes and feedback as required
Works closely with Bankers on confirming and discounting of commercial letters of credit.
Post daily cash receipts and contact past due customers
Maintain positive contacts with customers, agents, banking institutions and others concerning payments, credits, etc.
Work with Sales, Customer Service, and other Finance personnel to resolve account differences with customers.
Generate Accounts Receivable past due reports for monthly management reports.
Attend various meetings to discuss problem accounts, country risks and other related credit matters.
Maintain/ monitor foreign and domestic credit insurance policies and programs as needed.
Monitor export shipments to ensure invoice due dates are correct based upon payment terms.