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Sr Credit Analyst
Ref No.: 18-10875
Location: Rolling Meadows, Illinois
Position Type:Contract
Start Date / End Date: 08/06/2018 to 02/05/2019
Sunrise System Inc. is currently looking for Senior Financial Analyst in Rolling Meadows, IL with one of our top client.
Job Title:
Sr Credit Analyst
Job Id: 18-10875
Location: Rolling Meadows, IL 60008
Duration: 6 months
Position Type: Hourly contract Position (W2 only)
Job Summary
  • Financial and credit risk assessment for both new and existing customers.
  • Ensure timely and diligent review of customer credit files.
  • Manage and evaluate customer exposure versus credit limit, and review and preparation of monthly logs pertaining to new accounts, account changes and over the credit limit 
Risk Analysis
  • Analyzes financial statements, credit reports, references for the purpose of establishing or maintaining credit limit.
  • Review both new and existing customer files.
  • The review of existing files will require consistency of Credit Account Numbers, elimination of duplicate bill to's, and consistency of Terms of Sale.
  • Reviews the analysis submitted by analyst and makes recommendation on approval or decline of credit request.
  • Communicates and consults with customers, sales, credit mgt.
  • Regarding credit issues.
  • In case of limited financial wherewithal, evaluate alternative options including Flooring, PUT options, leasing, factoring, etc. and may work with the third party providers directly.
Additional Job Details
  • Other Must be proactive with the front line and collaborative with the FSO team to ensure quality support of management.
  • Must participate in resolving problems and improve processes across functional lines.
  • Take a professional interest in helping the FSO team achieve operational excellence; be communicative and responsive and work together to improve service.
  • Participate in all facets of training and development including job rotation, an essential part of the FSO development plan, which not only adds value to each individual's career path, but the company's plan for employee development, as well.
  • Insures full compliance with PC and Client policies, internal controls, Sarbanes-Oxley Act.
  • Insures protection of company assets in all areas through front line knowledge and experience  
  • BS Degree in a business/financial area or equivalent experience preferred. 
  • 3+ years of relevant credit experience required Proficiency
  • Functional ability to operate a PC and appropriate software programs is mandatory to accomplish specific duties listed above.
  • SAP knowledge and training experience highly preferred. 
  • Maintains good communications with customers, internal sales staff and credit agencies.
  • Interacts with sales, region and HQ personnel to expedite order approval and cash collections. Supports the sales department's efforts to resolve major problem by contacting or visiting accounts, as requested.
  • Presentations to high-level groups.
  • Frequently must persuade contacts to accept position counter to that previously held.
  • Must be a communicator of key issues.
  • Consults with credit managers in other divisions.
  • Excellent oral/written/communication and negotiation skills are required. 
  • Verbal and written Spanish highly preferred.
  • This position will be focused on credit and the successful applicant will have demonstrated success in the areas of cash collections and credit limit/analysis/review/setting. 
Additional Job Description
  • Weekly, monthly and quarterly reporting on all financial indicators:
  • Watch List, Over Credit Line, Doubtful AR, Past Dues, etc. Analysis should include recommendation for improvements.
  • Review credit information report for expired/potential expired accounts, in conjunction with the customer exposure.
  • Implement monthly action plan for the purposes of identifying and updating expired / potentially expired accounts.
  • Will prepare follow up report at beginning of next month as a means of measuring success of plan.
  • Contributes and Evaluates areas for improvement to business process and flow
  • Review New Account, Account Change Log and Special Shipment Log for accuracy and completion each month.
  • Also review of over credit limit report.
  • Work with outside collection agencies, internal and external legal counsel Special projects. 
Risk Control / Management Support
  • Responsible for ensuring strict adherence to corporate credit policy.
  • Internal audit review of each credit file before returning approval.
  • Follows guidelines of approval matrix, file order, etc.
  • Reviews with staff any inconsistencies.
  • Support department collections activity on an as needed basis.
  • Active in internal/external Audits, PRE and POST audit.
  • Customer visits to discuss financials and communication with bank officers.
  • Keeping abreast of industry trends as to how they relate to your account base.
  • Provide performance review information to manager and may participate during employee review
  • Act as a leader and mentor 
Durga Prasad
Tel:  Direct: 732 272 0279  | Email: 
Michael Peng
Direct: (732) 272 0265 |