Credit & Collections Associate at STERIS in Mentor, OH

Summary: STERIS Corporation is a company that values its employees and is committed to providing a comprehensive benefits package. The Credit & Collections Associate role involves ensuring timely collection of customer accounts receivable and assessing credit risk while collaborating with various internal departments. Responsibilities: - Oversees the credit assessment, collection and ongoing maintenance of Customer accounts - Assesses the creditworthiness of Customers and establishes/revises credit limits in accordance with corporate policies up to $50k-100k. Analyzes financial statements, interprets credit agency reports/ratings, and develops credit limit recommendations - Runs a credit hold report multiple times per day and communicates to the appropriate internal parties the reasons orders remain on credit hold - Contacts Customers directly regarding payment on open accounts receivable - Identifies underlying issues delaying payment and coordinates the internal resources needed to resolve such issues. Works directly with both Customers and internal departments including Sales, Customer Service, Sales Support, Service, Tax, Logistics, and Accounts Receivable to resolve such issues - Reconciles the entered/invoiced order to the Customer’s purchase order and payments received - Prepares collection letters, spreadsheets and Customer account statements as needed - Recommends to the Supervisor, Credit & Collections accounts to be charged off and/or placed with a third party for collection - Produces summarized monthly accounts receivable aging reports, credit memo pending reports, and other reports as required - Alerts the Supervisor, Credit & Collections of any credit concerns - Meets individual goals as established by management, e.g. reduction of dollars past due Required Qualifications: - High School Diploma or GED in Business - Minimum one (1) year Credit/Collections or general business experience Preferred Qualifications: - Bachelor's Degree (preferred) - finance, accounting or general business - Experience using Oracle, HRC or similar ERP system is preferred Required Skills: Credit assessment, Accounts receivable, Credit risk assessment, Financial statement analysis, Credit agency report interpretation, Credit limit recommendation, Account reconciliation, Collection letter preparation, Spreadsheet use, Customer account statement preparation, Oracle ERP system, HRC ERP system, Microsoft Office suite Benefits: Market Competitive Pay, Extensive Paid Time Off and (9) added Holidays, Excellent Healthcare, Dental, and Vision benefits, Long/Short Term Disability Coverage, 401(k) with a company match, Maternity & Parental Leave, Additional add-on benefits/discounts for programs such as Pet Insurance, Tuition Reimbursement and continued education programs, Excellent opportunities for advancement in a stable long-term career