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Credit Analyst

Avnet
life insurance, flexible benefit account, paid time off, paid holidays, 401(k)
United States, Illinois, Chicago
September 10, 2023

Who We Are:

At Avnet, relationships matter. We are a global, FORTUNE 500 technology distributor and solutions company that delivers design, supply chain and logistics expertise to customers at every stage of a product's lifecycle. Our employees have a front row seat to the latest innovations shaping the world we live in and the future we share. We're driven to help our customers around the world succeed and we do so by earning the trust of some of the biggest names in technology.

Working at Avnet means being a part of a global team. We work collaboratively and with integrity, doing business the right way. For more than a century, we have partnered together to help our customers, suppliers and teammates realize the transformative possibilities of technology. Experience what's next at Avnet!

Job Summary:

  • Evaluate and monitor Newark customer's assigned credit limits to determine credit-worthiness and acceptable risk.
  • Evaluate credit worthiness of new customers to ensure proper risk is taken.
  • Perform reporting detailing credit limit issues.
  • Perform on account order release or hold activities
  • Assist and support the Collections Supervisors with placement of 3rd Party Collection accounts.
  • Maintain 3rd Party Collection agency's invoices and checks
  • Maintain agency's invoices
  • Prepare and Maintain Department KPI reports for Management to review on a monthly basis

Principal Responsibilities:

  • Perform hold or release decisions on incoming On-Account orders to ensure appropriate credit limit and delinquency tolerances have been met
  • Gather and analyze pertinent information from a variety of sources to make sound credit decisions using Newark business rules
  • Run D&B reports to determine customer's creditworthiness.
  • Perform maintenance on accounts including, but not limited to, credit limit assignment, hierarchies, analyst assignments.
  • Answer incoming department emails regarding Credit questions and requests
  • Refresh weekly orders on Credit Hold to distribute to the entire Sales team
  • Maintain agency's invoices, checks and any relevant billing issues
  • Work with Collections Supervisors on possible placement of delinquent accounts.
  • Manage agency progress reports.
  • Manage bankruptcy accounts including proof of claim filing and preference claims.
  • Close interaction with all collections agencies.

Job Level Specifications:

  • Maintain a positive working relationships with Sales Team and our Customers despite holding orders and placing accounts for 3rd party collections.
  • Excellent written and verbal communication skills.
  • Ability to comply to work instructions.
  • Ability to work independently while meeting stated objectives consistently.
  • Excellent knowledge of MS office products especially MS Excel.
  • Ability to learn in-house systems (Siebel and BPCS) including queries.
  • Excellent decision-making skills.

Work Experience:

  • Typically requires a minimum of five years of related experience.

Education and Certification(s):

  • High School Diploma or equivalent

What We Offer:

Our employees work hard to live our values and help us grow. Our total rewards strategy supports Avnet's ability to attract, engage, develop, and reward our employees, while promoting a diverse and inclusive environment. We offer competitive compensation and benefit programs - from time away and flexible working arrangements to programs supporting employee well-being and opportunities to give back to your community.

  • Generous Paid Time Off

  • 401K and Pension Plan

  • Paid Holidays

  • Family Support (Paid Leave, Surrogacy, Adoption)

  • Medical, Dental, Vision, and Life Insurance

  • Long-term and Short-term Disability Insurance

  • Health Savings Account / Flexible Spending Account

  • Education Assistance

  • Employee Development Resources

  • Employee Wellness, Leadership Development and Mentorship Programs

Benefits listed above may vary depending on the nature of your employment with Avnet.

The above statements are intended to describe the general nature and level of work being performed. They are not intended to be construed as an exhaustive list of all responsibilities, duties, and skills.

Avnet is an Equal Opportunity Employer committed to providing equal opportunities to all employees and applicants for employment without regard to race, color, religion, ancestry, national origin, sex (including pregnancy), age, marital status, sexual orientation, gender identity or expression, disability, veteran status, genetic information or any other characteristic protected by law. This policy of non-discrimination also applies to religious dress and grooming practices. Avnet will accommodate employee religious dress standards and grooming practices that do not result in undue hardship for the Company. If you are interested in applying for employment with Avnet and need special assistance or an accommodation to apply for a posted position contact our Human Resources Service Center at (888) 994-7669.

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