Credit & Colletions Specialist

Basic Job Functions:

SUMMARY:
The Credit and Collections Specialist is responsible for evaluating and managing customer credit and driving timely collection of outstanding receivables. This role has authority over credit terms, limits, and holds, and plays a key role in protecting Rytec’s cash flow and minimizing financial risk. By partnering closely with teammates across the organization, including Sales and Finance, this position ensures that only prudent credit is extended, payments are collected efficiently, and issues are resolved quickly—without compromising customer relationships.

ESSENTIAL FUNCTIONS:

• Evaluate creditworthiness of new customers and determine credit line limits, payment terms, and conditions.
• Monitor existing accounts and revise credit limits and terms as needed based on risk and payment history.
• Monitor and manage accounts receivable aging reports to identify delinquent accounts and prioritize collection activities.
• Lead proactive collections efforts, including direct outreach and negotiation of payment plans where appropriate.
• Investigate and resolve invoice disputes, PO discrepancies, or other barriers to timely payment.
• Coordinate with sales, operations, and leadership on order release decisions and account credit holds.
• Escalate delinquent accounts to legal or third-party collection partners when warranted.
• Respond to external credit reference requests.
• Maintain accurate and up-to-date customer records and account notes in SAP.
• Recommend updates to Rytec’s credit policy based on evolving risk, market, or customer trends.

Safety is the most important part of all jobs within Nucor; therefore, candidates must be able to demonstrate the ability to initiate, lead, and uphold safety policies, practices, procedures, and housekeeping standards at all times.

Minimum Qualifications:

Safety is the most important part of all jobs within Nucor; therefore, candidates must demonstrate the ability to initiate, lead, and uphold safety policies, practices, procedures, and housekeeping standards at all times.

Minimum Requirements:

• Strong communication skills with the ability to interact across all levels of the organization and with external customers.
• Proven ability to maintain confidentiality and sound judgment when managing financial information.
• Experience with Microsoft Office and SAP.
• Self-motivated, detail-oriented, and capable of managing multiple priorities effectively.
• Solid understanding of credit risk, collections, and basic accounting principles.
• Ability to read, analyze, and interpret business and legal documents, and draft clear correspondence.
• Strong math and analytical skills, including ability to calculate ratios, percentages, and payment schedules.

Preferred Qualifications:

• Bachelor’s degree in Accounting, Finance, or related field OR
• 2–4 years of relevant credit/collections experience OR
• Equivalent combination of education and experience.