Credit Analyst
1 week ago
**Workplace Flexibility**:Hybrid**
Are you looking for a company that cares about people’s lives and health, including yours? Let’s inspire healthier lives, together.
**Olympus, a leading medical technology company, has focused on making people’s lives better for over 100 years.**
**Our Purpose is to make people’s lives healthier, safer, and more fulfilling.**
**Our Core Values are reflected in all we do**: _Integrity - Empathy - Agility - Unity - Long-Term View_
We deliver on our purpose and our core values by staying **True to Life.**
The Credit Analyst works with minimum supervision to enforce established credit and collection policies and procedures. Responsible for supporting the Billing function to help ensure accurate and timely invoices are issued to customers. The Credit Analyst will manage order releases and will work out prepayment arrangements if necessary. Maintains control over the risk of losses in accounts receivable, reviewing and recommending terms and limits for existing customers, and following-up with or otherwise taking appropriate measures to ensure that past due customer balances are paid. The Credit Analyst will develop and maintain strong relationships with internal and external customers and resolve issues in a timely manner.
**Job Duties**:
- Responsible for managing all aspects of credit/collections for customer accounts.
- Maintain customer master data in financial system.
- Process new customer account requests.
- Communicate directly with customers and sales representatives when necessary to advise on credit decisions, negotiate prepayments and payment terms
- Accurately follow invoicing instructions as per requirements noted on sales orders and purchase orders -Generate Credit/Debit Memo requests.
- Submit invoices online through customer’s billing websites as required.
- Develop and maintain strong relationships with payables contacts in each customer to help encourage timely payments. Research and resolve issues associated with collection, lost payments, and customer accounts. Coordinate resolution efforts to ensure timely collection of cash.
- Charge customer credit cards
- Maintain well-organized customer files and collection notes.
- Achieve assigned targets for cash receipts and reduction of past dues.
- Reconcile receivable detail to general ledger accounts for all customers.
- In conjunction with other credit analysts, monitor A/R reports for both lease and trade receivables and initiate the assignment of risk percentages to the monthly allowance for doubtful accounts analysis to be further reviewed by management.
- Work closely with Finance, Commercial Operations and Service to research and resolve inquiries -Provide excellent customer service to external and internal contacts.
- All Other Essential Duties as directed.
**Job Qualifications**:
**Required**:
- Undergraduate degree (Finance, Business preferred) preferred, or equivalent knowledge.
- Minimum of one year of experience in Finance or Accounting field preferred.
**Preferred**:
- Bilingual preferred.
- Ability to navigate and research via the internet.
- Familiarity with sales and use tax regulations is desirable.
- Strong customer service, negotiation, and analytical skills.
- Requires excellent communication skills, both written and oral.
- Must be detail-oriented, take initiative and work independently in a fast-paced environment.
- Ability to organize, prioritize and multi-task is a must.
**Why join Olympus?**
**_
Here, people matter—our health, our happiness, and our lives._**
- Competitive salaries and annual bonus program
- Comprehensive medical benefits and pension plan
- Tuition reimbursement
- Free virtual live and on-demand wellness classes
- Work-life balance supportive culture with hybrid and remote roles
- Parental Leave and Adoption Assistance
- Diversity & Inclusion Programs including Colleague Affinity Networks
**About us**:
Our Medical business uses innovative capabilities in medical technology, therapeutic intervention, and precision manufacturing to help healthcare professionals deliver diagnostic, therapeutic, and mínimally invasive procedures to improve clinical outcomes, reduce costs, and enhance the quality of life for patients and their safety.
**Olympus is dedicated to building a diverse, inclusive and authentic workplace**
We recognize diversity in people, views and lifestyle choices and emphasize the importance of inclusion and mutual respect. We strive to continue to foster empathy and unity in the workplace so that our employees can fully contribute and thrive.
**_
Let’s realize your potential, together._**
Olympus requires all new hires to be “fully vaccinated” against COVID-19, as defined by Health Canada or other provincial jurisdictions, on or before their first day of work.
Olympus embraces diversity and inclusion. As an Equal Opportunity Employer, our policies as well as our values prohibit unlawful discrimination based on an employee'
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