Description
Applied Industrial Technologies is seeking a full-time Financial Analyst to work out of our corporate headquarters in Cleveland, OH!
The Financial Analyst - Trade Credit plays a key role on the Credit team by managing the receivables and credit of our major customers while having active involvement in the company's Total Quality Management Process.
In this position, you will contribute to the continuous improvement of processes directed toward reducing costs, improving cycle time, increasing sales/gross profit, and ensuring customer satisfaction.
What You'll Do:
- Identify root causes of issues to improve processes across multiple business functions including receivables, credit, and treasury
- Analyze special billing situations, propose solutions to identified issues, implement improvement plans where necessary
- Create month-end reconciliation worksheets for various Accounts Receivable G/L accounts
- Contribute to decision making on credit-related issues such as opening new accounts, enforcing credit limits and terms of payment
- Collaborate with Credit team on various tasks such as month-end internal/external reporting, identifying and correcting bank errors
- Notify account holders on status updates such as non-sufficient funds, over-for-collection, and bankruptcy issues
- Manage customer account actions such as late fee processing and unauthorized discount processing
- Assist field locations and customers with questions/issues
- Other duties and projects as assigned
Qualifications:
- Bachelor's degree in finance, accounting, business or related field preferred; Associate's degree required
- 3 years of experience in receivables and/or credit required
- Strong verbal and written communication skills to effectively communicate with stakeholders
- High proficiency in Microsoft Office tools (Excel, Word, Access)
- Analytical and problem-solving skills
What's In It For You:
In addition to competitive compensation (including monthly bonus opportunities) and all the benefits you'd expect from an industry leader (401k, insurance, paid time off, employee assistance, tuition reimbursement), we also offer:
- A Lasting Career: Applied values hiring from within and helping our associates achieve career growth
- Continuous learning, training, and professional development
- Team-oriented, uplifting company culture
- Great work/life balance
Come for the job. Stay for the career. Apply for immediate consideration!
Founded in 1923, Applied Industrial Technologies (NYSE: AIT) is a leading value-added distributor and technical solutions provider of industrial motion, fluid power, flow control, automation technologies, and related maintenance supplies. Our leading brands, specialized services, and comprehensive knowledge serve MRO and OEM end users in virtually all industrial markets through our multi-channel capabilities that provide choice, convenience, and expertise.
We are an equal employment opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, national origin, ancestry, gender, sexual orientation, gender identity, age, disability, protected veteran status, marital status, medical condition or any other characteristic protected by law.
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