Location:  Cerritos, California	Function:  Finance/Accounting
Requisition #:  67995	Position Type:  Full-Time Employee

Company Overview

Imation is the only company in the world solely focused on the development, manufacture and supply of removable data storage products spanning the four pillars of magnetic, optical, flash and removable hard disk storage. In addition to the Imation brand, Imation's global brand portfolio includes the Memorex brand; one of the most widely recognized names in the consumer electronics industry, famous for the slogan, "Is it live or is it Memorex?"

Job Overview

Imation seeks a talented Credit Analyst to join the team! Objectives Initiate collection activity with customers and pursue delinquencies until resolved Perform detailed account research, inc. reconciliation of deductions to earned programs Expectations Individual must be self-managed, able to prioritize effectively, and develop positive relationships with both external customers and internal clients Responsibilities Ensure timely collection of delinquent items by initiating verbal and written collection activity and performing periodic follow-up with customers. Monitor terms discount activity to ensure that the stated terms of sale are being consistently applied and enforced. Facilitate and escalate resolution of disputes Provide assistance in determining the nature and specifics of customer deductions; perform reconciliations between customer claims/calculations and Imation transactional details; analyze historic trends and identify root causes of deductions; ensure prompt restitution of unauthorized deductions Review referred orders for approval; prepare reports on major delinquent accounts; produce periodic customer statements; resolve unmatched credit memos and unapplied payments in a timely manner Assist Credit Management to formulate and assess tactical alternatives; negotiate favorable outcomes and affect future behaviors of both external customers and internal clients; communicate account status to Sales, Customer Service, and Finance Actively participate in: the optimization of A/R processes (lean initiatives); testing of Oracle functionality; documentation of departmental procedures and workflows; preparation of documentation relating to internal and external audit requests Procure and assess various criteria (including financial statements, credit agency reports, trade references, sales/market data), to establish the conditions and extent to which credit privileges are granted to customers Perform other A/R-related activities as needed

Qualifications

Skills Excellent written and verbal communication skills Self-management within a team environment Effective prioritization Problem-solving; ability to develop and assess alternatives Willingness to work in high-volume, multitasking environment Strong MS Word and MS Excel skills Accounting/Finance concentration preferred Experience in working with large retail accounts preferred Previous Oracle experience a plus Education High School Diploma or Equivalent - Required Associates Degree - Required (Business/Finance) Bachelors Degree - Preferred (Business/Finance) Experience 3-5 Years - Required (Credit/Accounts Receivable)