Credit and Collections Analyst
COMPANY SUMMARY
MGA Entertainment is a toy and family entertainment company headquartered in Chatsworth, California. We design, develop, manufacture, and market toys for children and families around the world. The MGA Entertainment family includes award-winning brands such as LOL Surprise! and Little Tikes. For more information, please visit www.mgae.com.
JOB SUMMARY
The Credit and Collections Analyst will serve as a key member of the Finance team and will report to the Credit and Collections Manager. This position will be responsible for the collection of Accounts Receivable and for ensuring that aging targets are met. In addition, the analyst will play a key role in evaluating risk and recommending credit through research and analysis of financial documents. This is a great opportunity to gain global experience in MGA Entertainment’s dynamic business.
ROLES AND RESPONSIBILITIES
- Identify problem accounts, write-offs, and related adjustments and work until resolution.
- Prepare and provide monthly account statements for the customers.
- Work collaboratively with various departments internally to resolve issues (e.g. non-receipt of invoice or goods, cancelled PO’s, and disputes), improve processes, and manage customer accounts in order to expedite collections from customers
- Collaborate closely with the business operations team on customer billing issues including: contract related questions, adjustments, pricing, disputes, returns and other miscellaneous questions.
- Weekly review of A/R aging to identify collection strategies and efforts.
- Monthly management reporting and presentation of A/R Aging Report with a focus on strategies to resolving account issues.
- Maintain compliance with required internal controls and identify process improvement and efficiencies.
- Manage internal and external audit requests.
- Perform ad-hoc projects, as assigned.
- Process new customer credit applications, review credit limits and research customers’ financials, organizational and payment history utilizing credit reports, bank and trade references and other financial documents.
- Analyze orders held in the system because of credit issues and determine risk involved in extending credit.
SKILLS AND QUALIFICATIONS
- BA/BS in Accounting/Finance or related field
- Two years of Corporate Accounts Receivable and Credit Management experience with high volume customer accounts, preferred
- Proficient with a mid-tier or large ERP system, preferred
- Proficient in Microsoft Office software (Excel V-lookups/Pivot Tables and Word)
- Excellent verbal and written communication skills
- Ability to quickly build rapport with customers externally and stake holders internally
- Highly organized and able to work independently
- Ability to rapidly solve complex problems with a high degree of urgency and initiative
- Adaptable to change in a fast-paced environment
- Demonstrate positive and professional behavior as a member of a team.