Financial Risk and Credit Management Specialist
1 month ago
We are currently seeking a skilled Financial Risk and Credit Management Specialist to join our team at OSL Retail Services. In this exciting role, you will play a vital part in minimizing Days Sales Outstanding, bad debt write-offs, and maximizing cash receipts while maintaining strong relationships with internal and external customers.
The CompanyOSL was established in 2012 in Mississauga, Ontario, to provide clients with customized designed sales solutions in retail, direct sales, merchandising, and customer acquisition. Our culture is built on passionate employees, great customer service, and long-term relationships.
The PositionYou will be responsible for overseeing the assessment of customers' credit worthiness, credit lines management, and maintaining credit line exposure. Your tasks will include monitoring customer compliance with company credit terms and approved lines of credit, reviewing existing customer payment performance, and updating existing credit lines annually or as needed.
Key Responsibilities:- Maintain accurate records of collection activities and link all correspondence to pending line items.
- Support the dispute resolution process as required, including gathering relevant dispute information and collecting rejected claims for paybacks by customers.
- Validate Major Accounts Post Audit claims requests in a timely manner and proceed with credit issuance or communicate reasons for decline to customers.
- Process invoices and other ad hoc invoices received, record retention, and maintenance of documents.
- Bachelor's degree in business administration or a related field.
- Understanding of basic accounting principles and proficiency in MS Word, Excel, Outlook, and SAP/ERP.
- Strong analytical and problem-solving skills, with excellent written and oral communication skills.
- Ability to interpret credit bureau reports and assess credit risk.
- A competitive base salary of $68-73K plus bonus.
- Vacation plus additional flex days.
- Comprehensive benefits package.
- Training and development opportunities to grow your career with one of Canada's Best Managed Companies.
We are a people-focused company that values innovation, business results, and an entrepreneurial spirit. Our momentum has generated energy, enthusiasm, and engagement among our employees, pushing us to new heights. If you share our vision and values and want to join us on this journey, we encourage you to apply.
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