Power Equipment Company ยท 2 months ago
Credit/Finance Analyst
Knoxville, TN
Full-time
Onsite
New Grad, Entry LevelPower Equipment Company is seeking a Credit/Finance Analyst to assist the General Credit Manager in credit, collection, and finance activities. The role involves processing credit applications, maintaining credit files, and ensuring sound receivables management to maximize sales and cash conversion.
ConstructionIndustrialMiningRental
Responsibilities
Processes credit applications including checking of references, pulling credit bureau reports, trade reports and verifying trade styles, submit information to General Credit Manager for establishing line of credit
Establish account in the accounts receivable system and notifies sales (equipment, parts and service) that charge account has been established (or that credit has been denied)
Prepares and mails new account letters; sets up and maintains credit files
Maintains credit application tracking files for new and updated applications. Sends status report thru excel spreadsheet to VP-Finance at end of each month
Applies the company's credit and collection policies, practices and procedures to the credit requirements of a designated number of accounts within specified dollar limits or normal credit lines
Extends credit to customers in accordance with established policies and terms
Discusses with General Credit Manager, when necessary, questionable or special applications for credit
Carries out the established program for the follow-up and collection of accounts receivable
Checks monthly balances of customers under his/her control; when records indicate that customers may be exceeding safe limits, takes appropriate steps to prevent past due accounts
Follows up on insurance certificates on all rental machines
Maintains insurance certificate files for all rental transactions and follows for renewal certificates upon expiration
Maintains tax exemption certificates and codes exempt accounts in the accounts receivable system
Maintains Rental Master Lease Agreements and notes accounts that are under a master agreement in accounts receivable system
Processes and mails security agreements to the indicated financing source
Ensures the proper and timely filing of UCC's
Ensures that proper insurance certificates covering the collateral financed are obtained and forwarded to the finance company.\Sets up security agreement files; mails contract copies and transmittal letters to customers
Performs records searches when necessary; files UCC terminations
Submits finance requests to appropriate lender
Prepares contracts for equipment purchases and follows through with successful signing of contracts
Follows up on all necessary contract requirements for various lenders including but not limited to UCC filings, contract corrections, and equipment insurance certificates to meet the requirements of specified lenders
Maintains working relationships with operating personnel of other departments, primarily for the purpose of giving and obtaining information and working jointly on customer problems
Initiates contacts and maintains close, harmonious relationships with customers and outside interests; Follows standard operating procedures, concerned primarily with obtaining and furnishing credit information
Special projects as assigned by the General Credit Manager
Qualification
Required
Bachelor's degree Required with a concentration in finance preferred
The position requires 20% travel
Good working knowledge of Excel, Word, Internet
Must be highly detail oriented and well organized
Proven ability to work both independently and collaboratively
Superior analytical and problem solving skills
Possess effective oral and written communication skills
Must be able to pass a background check, physical and drug screens
Preferred
Credit /finance experience would be a plus but not required
Company
Power Equipment Company
Power Equipment Company rents, supplies, and leases heavily loaded, general, and light excavators for the construction industry. It is a sub-organization of Bramco-MPS.
Founded in 1946
501-1000 employees
Funding
Current Stage
Late StageLeadership Team
J
Joe Brackett
CEO
Company data provided by crunchbase