Credit Analyst

2 months ago


Toronto, Canada LG Electronics Canada Full time

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 recommendation;
- Manage the credit limit from insurer, prepayment/ Letter of Credit from customer 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 term, legal name/ownership and re-evaluate credit terms accordingly;
- Maintain strong relationship with stakeholders to communicate credit decisions.

Customer Master Management
- Accurate new customer information registration;
- Conduct a regular inspection to clean up the unnecessary customer code;
- Regular Annual agreements review and reconciliation;
- Reconcile payment terms on regular basis.

KNOWLEDGE, SKILLS & ABILITIES
- Bachelor’s Degree in finance, Business, or Accounting & 1-3 years’ experience;
- Proficiency 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 high degree of confidentiality and professionalism;
- Must be proficient with Word, Excel, PowerPoint.

**Note**: This job description is not intended to be all-inclusive. Employee 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**:
**Equal Opportunity Employer**:


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