Senior Credit Administrator Job in Cranford 07016, New Jersey Us
Grainger is a global leading broad line supplier of facilities maintenance products serving businesses and institutions. Our 18,000 employees are driven to serve customers and the community in exceptional ways focusing on delivering the highest level of service. The Grainger team works closely with customers to better understand their challenges and provide cost-saving solutions. Grainger's employees serve customers more than 115,000 times every day through multiple channels. As part of a high-performing team, you'll be able to develop your talents, and make a difference. Grainger is a Fortune 500 company and a perennial member of Fortune magazine's Most Admired Companies list.
Senior Credit Administrator
The Senior Credit Administrator provides professional management of all credit disciplines including over $200M of accounts receivable and $500M of credit sales. This involves continuous investigation and research designed to assist in limiting unnecessary risk and exposure while ensuring the following:
• Continued sales growth and profitability
• Positive contributions to economic earnings and increased shareholder wealth
• Customer focus in tandem with marketing, sales and operations
• Effective management of SAP R/3 to maximize productivity within the Credit department
The Senior Credit Analyst must work closely with customers, Sales, Branch Services, Ebusiness, Perfect Order, Legal, On-Site Services, and Accounts Receivable departments.
Coordinate cross-functional resources to resolve accounts receivable issues, resulting in well informed business decisions that significantly affect customer relationships and economic earnings.
Emphasis to:
# Provide management for the administration of credit collections for assigned accounts receivable portfolio up to $200M and sales up to $500M.
# Complete professional customer credit worthiness evaluations, utilizing complex financial statement analysis, credit reports, analyst reviews, etc., to facilitate effective decision-making, with credit limit and order release authority up to $500K.
# Synchronize order process, billing, and payment process resolutions with internal and external business partners, coordinating vertical and horizontal channels to maximize data integrity and process efficiency.
# Support Sales management as a credit resource for the entire customer relationships.
# Primary focus is on large customers with sophisticated processes and systems (EDI, ERS, Summary Billing, EFT payments, web billing, etc.) that require unique attention.
# Travel to internal/external business partners to foster and maintain close working relationships.
# Maintain knowledge of regulatory guidelines and changes (Sarbanes Oxley, SEC, GAAP, UCC guidelines, NACM, etc.)
# Assist with formulation of credit policies, procedures, and best-demonstrated practices, etc.
# Understand Grainger’s core business.
# Project management as assigned.
# Coordinate communications and establish relationships with business partners and customers.
# Performs other duties as assigned.
• A degree in business with a minimum of 7 years of progressive business experience preferred, with significant responsibility in finance, credit, collections, and process resolution.
• A comprehensive understanding of business principals including accounting, credit and collections, financial statement analysis, banking and finance, commercial law, marketing, statistics, economics, human behavior and computer science.
• Professional credit credentials are preferred, must obtain a CCE certification within 3 years.
• Ability to work effectively and develop relationships with all levels of management.
• Demonstrated writing/oral communication and presentation skills—effective across vertical/horizontal lines of organizational structures.
• Other attributes and competencies include: results driven, customer focused, decisive, analytical, creative, agile, and possess technical literacy.
• Bi-lingual language skills preferred for International Credit.
Grainger is an equal opportunity employer
