Accounts Receivable Analyst

The AR Credit Analyst is responsible for evaluating customer creditworthiness, managing credit risk, and supporting the company’s accounts receivable function to ensure timely collections while maintaining strong customer relationships. This role plays a critical part in minimizing bad debt exposure and optimizing cash flow. RESPONSIBILITIES Credit Analysis & Risk Management Evaluate and approve customer credit applications using financial statements, credit reports, and payment history. Establish and maintain appropriate credit limits and terms based on risk assessment. Monitor customer accounts for changes in financial condition and proactively manage risk exposure. Cash Application & Processing Apply daily customer payments (checks, ACH, wire transfers, lockbox, credit cards) to the appropriate invoices in the ERP system. Ensure timely and accurate posting of all incoming payments. Research and resolve unapplied or misapplied cash Accounts Receivable Management Track outstanding balances and aging reports. Lead collection efforts on overdue accounts, including escalation when necessary. Investigate and resolve billing disputes to facilitate timely payment. Customer & Stakeholder Collaboration Work closely with Sales, Customer Service, and Finance teams to balance revenue growth and risk management. Communicate credit decisions and policies effectively to internal and external stakeholders. Maintain strong relationships with key customers while enforcing credit policies. Reporting & Compliance Prepare regular reports on AR aging, credit exposure, bad debt reserves, and collections performance. Ensure compliance with company credit policies and internal controls. Support audits by providing required documentation and analysis. Process Improvement Identify opportunities to improve credit evaluation processes and collection efficiency. Assist in implementing tools or system enhancements related to AR and credit management. Establishes, implements, manages, and monitors critical accounting and reporting processes and associated metrics. Protects assets by establishing, monitoring, and enforcing internal controls. QUALIFICATIONS Bachelor’s degree in finance, Accounting, Business, or related field. 5–7+ years of experience in credit analysis, accounts receivable, or related finance roles. Experience in a manufacturing environment required. Strong understanding of financial statements and credit risk assessment. Experience with ERP systems (e.g., SAP, Oracle) and credit bureau tools. Proficient in Microsoft Excel and financial reporting. This description has been designed to indicate the general nature and level of work being performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job. Crane Company. is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment and will not be discriminated against on the basis of race, color, religion, gender, sexual orientation, general identity, national origin, disability or veteran status. #J-18808-Ljbffr