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This Senior Credit Analyst role is essential in managing credit risk while ensuring cash flow optimization through effective credit and collection strategies. The ideal Senior Credit Analyst candidate will have strong financial statement analysis and a proactive approach to monitoring financial data and customer accounts.
Job Responsibility:
Manage a portfolio of high-profile accounts by monitoring and controlling credit exposures effectively
Analyze credit data and financial statements of customers to assess creditworthiness and determine credit limits
Negotiate and secure appropriate credit instruments such as guarantees, letters of credit, and collateral to reduce financial risk
Collaborate with internal teams, including Commercial, Contracts Administration, and Legal, to ensure accuracy in transactional documents and contracts
Identify opportunities to improve cash flow and address delinquent accounts promptly through regular portfolio reviews
Resolve disputes by working closely with counterparties and internal departments like Customer Care, Billing, and Cash Application
Evaluate changes in customer creditworthiness and financial standing to align credit capacity with potential sales volumes
Prepare periodic reports to support daily credit evaluations and provide insights for management planning
Forecast credit exposures based on anticipated product movements and ensure compliance with credit requirements
Continuously improve credit processes by proposing enhancements to risk mitigation, internal controls, and cash flow strategies
Requirements:
Bachelor’s degree in Finance or Accounting is required
At least 5 years of experience in commercial credit, preferably in the petroleum industry
Strong skills in financial statement analysis with exceptional attention to detail
Ability to perform effectively in a fast-paced environment
Excellent communication and interpersonal skills with a results-driven attitude and high integrity
Proficiency in Microsoft Excel and other applications like Outlook, Word, and PowerPoint
What we offer:
medical, vision, dental, and life and disability insurance