Job Summary:

Compensation: $65,000 - $91,000

The Senior Credit Analyst is responsible for all credit, collection, and accounts receivable reconciliation activities related to a specific portfolio of customers. The Senior Credit Analyst will provide training and mentorship to new or less experienced Credit Analysts.  They will be well versed in all credit-related processes and systems that will include process/system improvement initiatives. 

Responsibilities/Duties:

Reviews incoming credit applications and provides recommendation to Credit Management Team Builds strong relationships with internal and external customers and leverages those relationships to maximize cash flow through efficient collections Initiates on a timely basis collection activity with customers including telephone calls, e-mails, and other communications to proactively deal with account delinquencies Works with past due customers and their respective sales representatives in a professional manner and carefully documents all discussions and agreements while ensuring timely follow-up Conducts collection activities in accordance with all federal, state, and local collection regulations/laws/statutes/company policies Develops payment plans where it is needed Works with customers and sales team to resolve issues related to disputed invoices to enable collection of invoice or resolution of short paid invoices Provides assistance/guidance to Credit Analysts on more complex customer account reconciliation issues Reviews all customer orders exceeding credit limit and/or past due triggers and takes appropriate action needed to release order or works with customer to re-establish credit worthiness Reviews on a periodic basis customer financial conditions including credit scores and field information from salespeople and current account payment trends to evaluate customer’s financial position and credit risk to IDI Works with Sales Team as needed to identify customers requiring increase in credit limit to accommodate growing business; performs credit review and provides recommendation to Credit Management Team Participates in the training of new hires including the development of new training materials Provides ongoing updates to Manager on employee progress Performs system testing before implementation of any system changes and/or enhancements Other duties as beneficial to IDI

Leadership Competencies:

Leads Self Communicates Effectively & Candidly Drives for Results Demonstrates Accountability Takes Initiative Collaborates

Qualifications/Skills:

Proficiency and experience in understanding Credit Reports and Credit Scoring Proficiency in Microsoft Office software including Excel and MS Word Must have excellent interpersonal, written and verbal communication skills Must have strong negotiating skills Ability to work effectively with diverse groups of people Demonstrates the ability to work in a fast-paced environment and evaluate priorities Works well independently and as a member on a team Recognized as a Subject Matter Expert and Informal Leader

Education and/or Experience:

College degree in Business or related field and/or equivalent experience.   3+ years Credit experience or related experience in field of finance preferred

WHO WE ARE:

In 1979, Joe Novogratz founded IDI with a mission: build an insulation distribution company that would supply the market with a wide selection of quality insulation and act as a true, professional resource for independent contractors. For the past 45 years, IDI has grown from 1 location in Minnesota, to 60+ U.S. locations, more than 1,500,000 sq. ft. of warehouse space, over 200 trucks making daily insulation deliveries, over $75,000,000 of inventory in our warehouses, and over 8.5 million miles driven by our drivers. IDI has accomplished all this growth while remaining a privately-owned and operated business and has solidified itself as America’s Insulation Source.

To ensure our service goes above and beyond while our business grows, we need trusted, driven, and talented people to join the IDI family. From sales, to operations, to the corporate office, every employee can grow with the company and have their voice heard. We embrace our family-oriented values and feel the same about our IDI team. Our employees enjoy a healthy work/life balance and receive benefits that fit employees’ and their families’ needs.