EOH - AR Specialist

Employee Owned Holdings, Inc. (EOH) is a family of employee-owned companies that specialize in highly engineered solutions. EOH provides corporate services - HR, Accounting, Marketing, Operations and IT support for the group of companies outlined below. We are looking to hire an Credit Analyst responsible for the strategic leadership and execution of all business applications supporting EOHI and subsidiaries.

EOHI Companies:

Hydraquip, Inc. and GCC, Inc. provide technical expertise and value-added solutions through their offering of hydraulic, pneumatic, electric, fluid convyance, and automation products. Supreme Integrated Technology, Inc. (SIT) focuses on hydraulic, mechanical and structural design to deliver custom, turn-key systems.

The Credit Analyst will be responsible for supporting the credit and collections processes and ensuring accurate and timely application of cash receipts. This role is crucial in maintaining the company's cash flow and minimizing financial risk.

Key Responsibilities:

Credit Analysis:

• Assist in preparing credit reviews and recommendations for approval.
• Contact prospective client references to assess their suitability for credit terms.
• Support the Credit Manager in setting and monitoring credit limits for customers.
• Assist with new customer set-up and record maintenance.
• Complete supplier questionnaires for new clients.

Collections:

• Contact customers for follow-up on any outstanding invoices and past due accounts.
• Assist customers with the reprinting of invoices and statements as well as any general account questions.
• Work collaboratively with the sales team to resolve disputes that may delay payment.
• Produce and maintain accurate records of customer communications and collection efforts in the company ERP system.
• Monitor assigned customer accounts to recognize any potential risk.
• Miscellaneous billings and collections for overhead charges.

Cash Application:

• Accurately apply customer payments within the company ERP system.
• Reconcile invoice payments and promptly resolve discrepancies.
• Assist in financial and government audits by providing requested information within the company policy.

Reporting & Analysis:

• Generate regular reports on accounts receivable aging, collection activities, and credit risk.
• Assist in preparing ad hoc reports and analyses as requested by management.
• Other duties as assigned.

Requirements

EDUCATION AND TRAINING

• Bachelor's degree or higher in Accounting, Business or related field preferred.

EXPERIENCE

• 3-5 years of Accounting Department experience.
• Experience with Epicor P21 ERP system is a plus.
• Strong analytical skills with experience in financial statement analysis and credit risk assessment.
• Proven ability to manage multiple accounts and collaborate with sales, operations, and finance teams to resolve credit issues.

KNOWLEDGE AND SKILLS

• Ability to organize, prioritize and multitask effectively.
• Prior experience with Microsoft Office, emphasis on Excel, Outlook & Teams.
• Ability to analyze and identify errors and solve problems.
• Strong communication and interpersonal skills (verbal and written).
• Detail oriented with a strong focus on accuracy and attention to detail.
• Highly motivated, proactive, willingness to engage and share knowledge.
• Ability to work independently or in a team environment.

Benefits

We offer a competitive salary and benefits package, including medical, dental, vision, life and disability insurance, and 401(k) plans with company match. A unique benefit Hydraquip offers as part of Employee Owned Holdings, Inc. is an employee stock ownership plan.

What is an ESOP?

ESOP is a special retirement program that allows employees to own stock in the company. When you join EOHI, you automatically begin investing in your future (without having to purchase shares). We are a high growth company committed to training our employee owners to develop their skills and advance in their careers.

• Studies also show that retirement account balances for ESOP companies are 2.5 times higher.
• ESOP companies grow 2.5 times faster than those companies without employee ownership.
• Research shows employee owned companies are superior in performance, employee benefits and employee morale because everyone is working towards a common goal.

Qualification

Bachelor's Degree