Credit Analyst

IDI Distributors is America’s largest family owned and operated wholesale insulation distributor backed by over 40 years of proven success. With over 500 employees in 55 locations across the country IDI prides itself on providing best-in-class customer service to the residential and commercial construction industry.

Salary: $48,300 - $67,620 (dependent on qualifications) 

Job Summary:

The Credit Analyst is responsible for all credit, collection, and accounts receivable reconciliation activities related to a specific portfolio of customers.

Responsibilities/Duties:

• Reviews incoming credit applications and provides recommendation to Credit Management Team


• Builds strong relationships with internal and external customers and leverages those relationships to maximize cash flow through efficient collections


• Initiates on a timely basis collection activity with customers including telephone calls, e-mails, and other communications to proactively deal with account delinquencies


• Works with past due customers and their respective sales representatives in a professional manner and carefully documents all discussions and agreements while ensuring timely follow-up


• Conducts collection activities in accordance with all federal, state and local collection regulations/laws/statutes/company policies


• Develops payment plans where it is needed


• Works with customers and sales team to resolve issues related to disputed invoices to enable collection of invoice or resolution of short paid invoices


• Reviews all customer orders exceeding credit limit and/or past due triggers and takes appropriate action needed to release order or works with customer to re-establish credit worthiness


• Reviews on a periodic basis customer financial conditions including credit scores, field information from salespeople and current account payment trends to evaluate customer’s financial position and credit risk to IDI


• Works with Sales Team as needed to identify customers requiring increase in credit limit to accommodate growing business.  Performs credit review and provides recommendation to Credit Management Team


• Other duties as beneficial to IDI

Qualifications/Skills:

• Proficiency and experience in understanding Credit Reports and Credit Scoring


• Proficiency in Microsoft Office software including Excel and MS Word


• Must have excellent interpersonal, written and verbal communication skills


• Must have strong negotiating skills


• Ability to work effectively with diverse groups of people


• Demonstrates the ability to work in a fast-paced environment and evaluate priorities


• Works well independently and as a member on a team

Education and/or Experience:

• College degree in Business or related field and/or equivalent experience.  


• 3+ years Credit experience or related experience in field of finance preferred