Credit Analyst - Remote (61693)

Job Purpose

Herc Rentals is a premier full-line equipment-rental company — providing our customers the equipment solutions they need to get their work done safely, confidently and cost effectively, while enabling them to conserve capital for their growth investments.

With over 50 years of equipment-rental expertise, approximately 4,500 employees, more than 280 branches and franchise locations around the world, Herc Rentals is a leader in all of the key markets that it serves, including transportation; industrial & manufacturing; oil & gas; government & municipalities; construction, mining, & energy; remediation & restoration; emergency response; facilities; MRO; entertainment; and ground care. 

We aspire to be the supplier, employer and investment of choice in our industry, with core values that promote a culture built on integrity, respect, teamwork, and accountability.

What you will do...

• The primary mission of the Junior Credit Analyst is to assist with minimizing bad debt, maximizing cash flow, and increasing revenue while mitigating the risk associated with the extension of credit. 
• Some experience in credit risk analysis is required to identify high risk accounts with potential cash flow issues. This is done by analysis of commercial credit reports for all new applications and existing customers.  
• This position is responsible for processing new account applications and accurately setting up all accounts. 
• The Junior Credit Analyst will:
• Assist with risk reviews of existing customers and customers who have reached their credit limits to make appropriate recommendations. 
• Complete risk tracking for top customers as requested by management. 
• Maximize cash flow and decrease Days Sales Outstanding (DSO) by working with the Collections Department, Sales, and customers.
• Work closely with the Order to Cash (OTC) Team to ensure all targets are met. 
• Assist with Risk Reporting for Management
• Assist with supporting new customer activations
• Review account suspensions, reactivations, and credit limit increases/decreases
• Maintain relationships with Internal and External customers to drive efficiencies in processes
• Monitor payment history and risk exposure for accounts
• Provide a high-level of customer service to resolve customer and branch issues
• Complete reporting for Credit Department
• Enforce and maintain current credit policy and risk models

Requirements

• 3 Years General Business Experience
• 1 Years Credit Experience

Skills

• Self-starter, Achievement Driver, and ability to multi-task
• Experience with Commercial Credit Reporting Agencies (i.e. Dun and Bradstreet, Experian)
• Knowledge of Commercial Credit Reporting, Financial Statements, and Settlement Agreement
• Advanced skills pertaining to Excel
• Strong Sense of Urgency and Customer Focus/ Organizational and Time Management Skills
• Excellent Verbal and Written Communication/ Advanced Microsoft Excel and Word
• Value-Added Business Contributor