Financing and Leasing (Accounts Receivable) - Credit Operations Analyst

Job Description

Apply now

Financing and Leasing (Accounts Receivable) - Credit Operations Analyst

Posting Start Date : 10 / 16 / 25

Job Location (Short) :

Chicago, Illinois, USA, 60631

Requisition ID : 34351

Onsite or Remote :

Join Komatsu and Be Part of Something Big!

Job Overview

Komatsu Financial provides wholesale, retail and operating lease financing for 40+ contracted Komatsu distributors and their customers. With 300 locations in North America, total annual sales volume for Komatsu America is $1.8 billion over the strategic plan. Retail / leasing balances are in excess of $1.4 billion, which is expected to increase over the next year, while wholesale balances could exceed $700 million over the same period. Total receivables balances are in excess of $2.1 billion, with over 20,000 outstanding customers. The operations department of Komatsu Financial is responsible for the orderly liquidation of the company's receivables through proven collection techniques and sound accounting / audit practices. As can be expected, toward the end of this position the incumbent will be expected to have assumed a smaller and less complex territory which has minimal risk.

Key Job Responsibilities

• Concentrate on learning the fundamentals of retail and wholesale financing, and the applicable functionality of the Wholesale Management Systems. Expected Result : This core understanding will be the base in which the growth of the individual will be built upon.
• Focus on the assigned region with distributor account collection calls to reduce past due dollars and increase cash flow from operations.
• Analyze distributors' open account / floor plan account. Determine and explain status of debits, credits, and balances considering terms, discounts, and related factors by researching account discrepancies.
• Prepare data in connection with notes receivables and / or open accounts to ensure quality, timeliness and accuracy journal entries, general ledger accounts and cash application.
• Initiate correspondence, prepare information and reports as required / requested for distributors as well as other Komatsu divisions and Komatsu America Corporation. Monitor special programs that pertain to the distributor group.
• Acquire and expand working knowledge of proprietary on-line systems and report discrepancies in daily functions to immediate coordinator and / or manager.

Qualifications / Requirements

Hiring Range

At Komatsu, your base pay is one part of your total compensation package. This role pays $$55,000 - $60,000. The actual offer will consider a wide range of factors, including experience and location.

Company Benefits

Komatsu provides an extensive and robust employee benefits package that is designed to enhance the well-being of our employees and family members. We embrace a positive and empowering employee experience with a culture that prides itself on a diverse and inclusive environment.

Diversity & Inclusion Commitment

At Komatsu, we come from diverse backgrounds, with unique perspectives, experiences and contributions. We believe that our people are part of our shared purpose. Connected by our core values of ambition, perseverance, collaboration and authenticity, we are committed to continually advancing in our support of diversity and inclusion. United, we are on a journey towards a sustainable future that creates value together.

Company Information

Komatsu develops and supplies technologies, equipment and services for the construction, mining, forklift, industrial and forestry markets. Headquartered in Tokyo, Japan, Komatsu employs more than 64,000 people worldwide, operating in more than 140 countries. For more than a century, the company has been creating value for its customers through manufacturing and technology innovation, partnering with others to empower a sustainable future where people, business and the planet thrive together. Since the company's founding in 1921, Komatsu has been committed to supporting individuals and communities through job training, skills development and giving back. As a Komatsu employee, you will be encouraged to grow alongside our global company, contributing to a more sustainable future for all. If you are looking for a company that values your talent and potential, join Komatsu to be a part of something big and help advance modern society. Learn more at www.komatsu.com.

EEO Statement

Komatsu is an Equal Opportunity Workplace and an Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or protected veteran status.

Apply now