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Big River Steel LLC
Credit Associate, BRS
Osceola
October 16, 2024
BRS is seeking a detail-oriented and proactive individual to join our team as a Credit Associate. This role is crucial in managing the credit and cash operations of our company, ensuring timely and accurate cash application, collections, deduction management, and posting of cash transactions. The ideal candidate will possess excellent analytical skills, strong communication abilities, and a passion for continuous improvement and efficiency. This position will assist in managing the company’s Accounts Receivable portfolio for both domestic and international transactions and customers. The Credit Associate will report to the BRS Credit Manager and the position's responsibilities will include, but may not be limited to:
Job Responsibilities:
- Post and assign cash receipts to customer accounts.
- Transfer cash as needed between entities and assist with cash reconciliation activities.
- Apply cash accurately and timely to customer invoices.
- Investigate and resolve discrepancies and deductions through collaboration with internal stakeholders.
- Manage collections, including contacting customers regarding pay terms and overdue payments, and maintain accurate records of collection activities and customer interactions.
- Maintain records, apply payments, and reconcile all activity for cash-in-advance accounts.
- Work closely with Commercial to resolve credit issues and mitigate risks.
- Review processes for potential system changes and assist IT with testing as needed for continuous improvement projects.
- Assist with the monthly process to close accounts receivable.
- Assist with quarterly and annual audits as needed.
Qualifications:
- Bachelor’s degree in finance, accounting, business administration, or equivalent work experience is preferred.
- 2-3 years of experience in credit management, cash application, collections, or related financial role.
- Understanding of credit and collections practices, regulations, and procedures.
- Proficiency in Microsoft Excel and accounting software (e.g., Power BI or Oracle experience is a plus).
- Excellent communication and interpersonal skills.
- Ability to multitask, prioritize, and meet deadlines in a fast-paced environment.
- Attention to detail and accuracy in data entry and financial transactions.
- Excellent communication skills (written, oral and presentation).
- Ability to work well with internal and external customers.
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