Credit and Collections Analyst in Minneapolis, MN

Credit and Collections Analyst Job Description

Credit and collections analyst positions can be entry-level, although many firms seek up to several years of experience. Candidates should have excellent customer service, negotiation, communication and analytics skills. A bachelor’s or associate degree in accounting or a related area is preferred but not always required.

Typical credit/collections analyst duties:

Creating and maintaining credit history files

Analyzing and assessing the creditworthiness of accounts and clients using external credit risk management tools and reports

Managing the collection efforts and calls for accounts receivable portfolio

Documenting daily collections activity

Researching account disputes and billing discrepancies

Performing account and payment reconciliations

Responding to credit inquiries from external and internal clients

Identifying delinquent accounts requiring external collection efforts

Identifying bad debt or financial exposure

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SAP S/4HANA

Microsoft Excel

Spreadsheets

Microsoft Word

Salesforce Platform

Collection Processes

Credit

Customer Service

Sales

Payment Processing

Salary for Credit and Collections Analyst in Minneapolis, MN

55105 - 71958

25th percentile

55105

New to the role, with little or no experience; requires more than casual instruction or supervision to perform day-to-day duties

50th percentile

63130

Has the experience to consistently perform core responsibilities without direct supervision; very comfortable with processes and subject matter associated with the role

75th percentile

71958

Value to the organization goes far beyond the ability to perform normal job duties; has rare qualifications that enable consistent contribution in unique ways; ready for next career level when available

Projected salaries for related positions

Position title

25th percentile

50th percentile

75th percentile

Credit Manager/Supervisor

81320

100045

117165

Credit and Collections Specialist

48150

59118

69550

Newest Credit And Collections Analyst jobs

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Senior Credit Analyst

Credit/Collections Supervisor/Manager

Entry-Level Credit Analyst (Hybrid)

Financial Analyst

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