Analyst Credit & Accounts Receivable

About Kennametal

With over 80 years as an industrial technology leader, Kennametal Inc. delivers productivity to customers through materials science, tooling and wear-resistant solutions. Customers across aerospace and defense, earthworks, energy, general engineering and transportation turn to Kennametal to help them manufacture with precision and efficiency. Every day approximately 8,700 employees are helping customers in nearly 100 countries stay competitive. Kennametal generated $2.1 billion in revenues in fiscal 2023. Learn more at www.kennametal.com. Follow @Kennametal: Twitter, Instagram, Facebook, LinkedIn and YouTube.

Job Title: Analyst Credit & Accounts Receivable

Location: Latrobe, PA - (Hybrid)

Job Summary:
 

Apply company credit policies/practices to ensure that credit risk of new orders for domestic and export customers is minimized while balancing the need for an efficient and timely sales order release process. Serve as the direct interface with the customer to collect domestic and export invoices in a manner consistent with agreed on payment terms, settle customer disputes and maintain correct systems data at all times. Support the business, as it relates to providing information/insight about customer collections and interface with the commercial and customer service representatives as it relates to collection matters.

 Key Job Responsibilities:

• Perform in depth financial analysis and assign credit limits up to $100k
• Review orders for release for account that are high risk due to credit limit/past dues, if applicable obtain approval for release in accordance with established limit of authority matrix
• Prepare weekly reports for the commercial team as well as ad hoc requests from the business and/or commercial team
• Weekly/bi-weekly meeting with customer service to help identify, rectify and monitor disputed accounts receivable amounts
• Responsible for communicating to management past due accounts with appropriate action items in process
• Relay any potential accounts to be written off to bad debt to management
• Coordinates collection activities for delinquent accounts by preparing information for external collection agencies or attorneys
• Resolves discrepancies and prepares adjustments and refunds as necessary
• Provide guidance to the following offshore teams: collections, cash app, disputes and credit including the audit and review of:
  • The offshore team’s collector notes in High Radius and provide guidance on customer accounts
  • The offshore team’s dispute team’s efforts ensuring dispute notes are updated and efforts are ongoing
  • Responsible for training new credit team members and others as needed
• Participate in major department projects and take an active role in cross-functional teams to assist in driving quality improvements, processes, and initiatives
• Sox compliance activities
• Support the annual year-end audit process with external accountants

Education, Work Experience, Skills, Certificates

• Bachelor’s degree in business related studies preferred, would consider relevant work experience in lieu of a Bachelor’s Degree.
• SAP experience is preferred.
• Experience with collection workflow tool preferred.
• Moderate Microsoft Excel skills required.
   

Equal Opportunity Employer