At a Glance
- Tasks: Manage credit risk, collections, and cash application in a fast-paced environment.
- Company: Dynamic finance team in a global company focused on innovation.
- Benefits: Competitive salary, career growth, and a collaborative work culture.
- Other info: Join a supportive team with opportunities for professional development.
- Why this job: Make a real impact on cash flow and credit processes while developing your skills.
- Qualifications: Degree in Finance or Accounting and experience in credit and collections.
The predicted salary is between 40000 - 50000 £ per year.
The Senior Credit Analyst oversees the full Order-to-Cash (O2C) cycle, integrating credit risk management with proactive collections and hands-on cash application. The role is focused on driving cash flow performance, minimising risk, and maintaining accuracy within a fast-paced, global environment. This position is instrumental in improving working capital and enhancing credit and collections processes across a diverse international customer base.
Key Responsibilities
- Credit Risk Management
- Evaluate the creditworthiness of new and existing customers through detailed analysis.
- Review and recommend credit limit adjustments, ensuring approval in line with delegated authority frameworks.
- Obtain and assess credit reports and bank references when required.
- Make informed credit decisions based on risk assessments.
- Partner with Sales and Customer Care to identify alternative solutions where standard credit terms are not viable.
- Ensure compliance with company policies and approval protocols, escalating where necessary.
- Collections & Accounts Receivable
- Manage a high-volume portfolio of accounts, ensuring timely collection of outstanding balances.
- Oversee accounts across multiple regions and currencies.
- Execute structured collections activities, including follow-ups and escalation of overdue accounts.
- Investigate and resolve billing disputes, deductions, and short payments.
- Contribute to reducing aged debt and improving overall collection metrics.
- Support month-end reporting and close processes.
- Cash Application & Reconciliation
- Perform accurate and timely cash application within SAP.
- Allocate incoming payments and match them correctly to customer accounts.
- Investigate unapplied cash and resolve discrepancies.
- Maintain integrity of the accounts receivable ledger and support period-end close activities.
- Stakeholder Management
- Collaborate with Sales, Customer Care, Operations, Finance, and Legal teams to resolve issues efficiently.
- Engage directly with customers to handle payment queries and escalations.
- Liaise with external credit agencies to support credit assessments and decisions.
- Reporting & Process Improvement
- Monitor AR ageing and account activity using SAP and collections tools.
- Support the preparation of reporting related to accounts receivable and collections performance.
- Identify opportunities to improve processes, driving efficiency and stronger financial controls.
- Assist with ad hoc projects across credit, treasury, and cross-functional initiatives.
Qualifications
- Bachelor’s degree in Finance, Accounting, or a related discipline (or equivalent experience).
- Minimum of 6 years’ experience in credit, collections, and accounts receivable within a high-volume environment.
Skills & Competencies
- Strong attention to detail with a proactive, hands-on approach.
- Ability to manage competing priorities in a fast-paced, high-volume setting.
- Experience in multi-entity and multi-currency environments.
- Strong SAP experience (FI/AR module) within an Order-to-Cash function.
- Familiarity with collections or receivables management systems.
- Advanced Excel skills, including pivot tables, lookups, and large data analysis.
- In-depth understanding of AR processes, including collections, cash application, and reconciliations.
- Experience resolving unapplied cash, discrepancies, and performing variance analysis.
- Proven ability to manage collections portfolios and resolve payment issues.
- Strong communication and stakeholder management skills.
- Solid understanding of credit risk principles.
- Excellent analytical and problem-solving abilities.
If you're interested in this role, click 'apply now' to forward an up-to-date copy of your CV. If this job isn't quite right for you, but you are looking for a new position, please contact us for a confidential discussion about your career.
Credit Analyst employer: Hays
As a Credit Analyst at our Leicester office, you will thrive in a dynamic and supportive work environment that prioritises employee growth and development. We offer competitive benefits, a collaborative culture, and opportunities to enhance your skills while contributing to our global success in credit risk management. Join us to be part of a team that values innovation and excellence in financial processes.
StudySmarter Expert Advice🤫
We think this is how you could land Credit Analyst
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance and credit sectors. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of credit risk management and collections processes. Be ready to discuss how you've tackled challenges in previous roles, especially in high-volume environments.
✨Tip Number 3
Showcase your analytical skills! Bring examples of how you've used data to drive decisions in credit analysis or collections. This will help you stand out as a candidate who can add real value.
✨Tip Number 4
Don't forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we love seeing candidates who are proactive about their job search.
We think you need these skills to ace Credit Analyst
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Credit Analyst role. Highlight your experience in credit risk management and collections, and don’t forget to mention your SAP skills. We want to see how your background aligns with what we’re looking for!
Showcase Your Skills:In your application, emphasise your analytical abilities and attention to detail. Mention specific examples of how you've managed high-volume accounts or improved processes in previous roles. This will help us see your potential impact at StudySmarter.
Be Clear and Concise:When writing your application, keep it clear and to the point. Use bullet points where possible to make it easy for us to read. We appreciate straightforward communication, especially in a fast-paced environment like ours!
Apply Through Our Website:Don’t forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen on joining the StudySmarter team!
How to prepare for a job interview at Hays
✨Know Your Numbers
As a Credit Analyst, you'll be dealing with financial data all the time. Brush up on your Excel skills and be ready to discuss how you've used data analysis in past roles. Be prepared to share specific examples of how your analytical skills have helped improve cash flow or reduce risk.
✨Understand the O2C Cycle
Make sure you have a solid grasp of the Order-to-Cash cycle. Familiarise yourself with each step, from credit risk management to cash application. Being able to articulate how you’ve navigated this process in previous positions will show that you’re ready to hit the ground running.
✨Showcase Your Stakeholder Management Skills
This role involves collaborating with various teams. Think of examples where you've successfully worked with sales, customer care, or finance to resolve issues. Highlighting your communication skills and ability to manage relationships will set you apart.
✨Prepare for Scenario Questions
Expect questions that ask how you would handle specific situations, like managing overdue accounts or resolving billing disputes. Prepare by thinking through your approach to these scenarios, focusing on your problem-solving abilities and proactive strategies.
