Do it Best
Credit Administrator
Do it Best, Fort Wayne, Indiana, United States, 46804
Job Title: Credit Administrator Level: Salaried / Exempt Division/Department: Finance/Credit Reports to: Credit Manager Travel: Minimal Based in Fort Wayne, Ind., Do it Best Corp. proudly serves thousands of member-owned home improvement businesses throughout the US and all around the world. We provide everything independent hardware stores, home centers, lumberyards, industrial/commercial distributors, and e-tailers need to grow their businesses and achieve their dreams. Description: This position is responsible for credit decision making and collection of past due domestic accounts according to established credit policies and procedures. Responsibilities:
Manage past due accounts according to established credit policies and procedures with a primary goal of minimizing bad debt expense
Maintain regular communication both verbal and written with past due accounts to firmly establish payment plans and expectations. Make a decision when appropriate to place accounts on credit hold
Review credit limits for increase or decrease depending on circumstances
Request member financial statements for annual review purposes and/or credit limit inquiries. Perform financial statement credit analysis.
Assist A/R and members with billing inquiries and discrepancies and perform necessary research
In conjunction with Sales determine accounts that should be suspended and the membership terminated for credit purposes
Prepare delinquent account reports each statement period
Education and Experience:
Associates degree in Accounting or Finance or equivalent experience
Prior collection experience preferably with commercial accounts
Excellent knowledge and skills of Microsoft Excel
Skills and Abilities:
Effective verbal and written communication skills
A basic understanding of credit and lending
Negotiation and conflict resolution skills
Detail oriented and good organizational skills
Strong customer service skills
Works well with others on all levels
Self motivated and able to work with minimal supervision
Fundamental understanding of financial statements
Makes sound decisions
Benefits available to you:
Full insurance benefits package including Medical, Dental, & Vision with a premium free plan available
Paid time off to foster work/life balance
Profit sharing
Bonus Pay opportunities
Education reimbursement
Health club reimbursement
Career advancement opportunities
About Do it Best: At Do it Best, we take pride in being the only U.S.–based, member-owned hardware, lumber, and building materials buying cooperative in the home improvement industry. Our philosophy is to serve thousands of member-owned locations in more than 50 countries by offering a full menu of exceptional merchandise and services, allowing member owners to be independent retailers to best serve their community’s needs with competitive pricing. Our success in reaching over $5 billion in annual sales stems from our mission to make the best better, and our goal to help our members grow and achieve their dreams.
Manage past due accounts according to established credit policies and procedures with a primary goal of minimizing bad debt expense
Maintain regular communication both verbal and written with past due accounts to firmly establish payment plans and expectations. Make a decision when appropriate to place accounts on credit hold
Review credit limits for increase or decrease depending on circumstances
Request member financial statements for annual review purposes and/or credit limit inquiries. Perform financial statement credit analysis.
Assist A/R and members with billing inquiries and discrepancies and perform necessary research
In conjunction with Sales determine accounts that should be suspended and the membership terminated for credit purposes
Prepare delinquent account reports each statement period
Education and Experience:
Associates degree in Accounting or Finance or equivalent experience
Prior collection experience preferably with commercial accounts
Excellent knowledge and skills of Microsoft Excel
Skills and Abilities:
Effective verbal and written communication skills
A basic understanding of credit and lending
Negotiation and conflict resolution skills
Detail oriented and good organizational skills
Strong customer service skills
Works well with others on all levels
Self motivated and able to work with minimal supervision
Fundamental understanding of financial statements
Makes sound decisions
Benefits available to you:
Full insurance benefits package including Medical, Dental, & Vision with a premium free plan available
Paid time off to foster work/life balance
Profit sharing
Bonus Pay opportunities
Education reimbursement
Health club reimbursement
Career advancement opportunities
About Do it Best: At Do it Best, we take pride in being the only U.S.–based, member-owned hardware, lumber, and building materials buying cooperative in the home improvement industry. Our philosophy is to serve thousands of member-owned locations in more than 50 countries by offering a full menu of exceptional merchandise and services, allowing member owners to be independent retailers to best serve their community’s needs with competitive pricing. Our success in reaching over $5 billion in annual sales stems from our mission to make the best better, and our goal to help our members grow and achieve their dreams.