Senior Credit Analyst - Florham Park, NJ

Job Field: TAFI - Tax & Finance
Location: Florham Park, NJ, US
Company: BASF Corporation
Job Type: Standard
Job ID: EN_US_1703804

We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, age, citizenship, color, religion, sex, marital status, national origin, disability status, gender identity or expression, protected veteran status, or any other characteristic protected by law.

Description

At BASF, we create chemistry through the power of connected minds. By balancing economic success with environmental protection and social responsibility, we are building a more sustainable future through chemistry. As the world’s leading chemical company, we help our customers in nearly every industry meet the current and future needs of society through science and innovation. We provide a challenging and rewarding work environment with a strong emphasis on process safety, as well as the safety of our employees and the communities we operate in, and are always working to form the best team—especially from within, through an emphasis on lifelong learning and development. And we are constantly striving to become an even better place to work. BASF has been recognized by Forbes Magazine as one of America’s Best Employers in 2016. Come join us on our journey to create solutions for a sustainable future! Where the Chemistry Happens… The BASF Finance Function in North America is seeking to fill the position of Senior Credit Analyst at our North American Headquarters in Florham Park, NJ. Senior Credit Analyst (1703804) – Florham Park, NJ Formula for Success: You Will…

• Contribute to the business segment team, primarily adding credit expertise and awareness to the business function.
• Provide assistance and financial guidance to Operating Divisions and BASF customers through historical and pro-forma financial analysis, personal visits, telephone, and written communication.
• Review customer financing arrangements for recommendations.
• Facilitate orders, manage risk, and maximize the prompt turnover of receivables as establishing and reviewing existing lines of credit.
• Address blocked order queue on a daily basis to ensure no interruption to order fulfillment process.
• Review existing and new credit lines, in accordance with North America Credit Risk Management guidelines.
• Monitor potential problems and risk accounts by analyzing customer's financial condition (financial statement review).
• Arrange equitable repayment schedules, obtaining collateral and protecting investment in A/R.
• Partner with Operating Divisions through collaboration with the Credit Analyst Team, Collection Analyst Team, Finance Business Managers, Sales/Marketing, Product Management, Controllers and Shared Service Center on: DSO, KPI Trends, Risk Analysis, Sales Meetings, Bad Debt Requirements, Litigation Accounts, and Monthly Reporting to help raise awareness of the credit situation for the respective business.
• Interact with the Shared Service Center.
• Assist with ad hoc projects aimed at process standardization or developments to support business-specific activities and needs.

Create Your Own Chemistry: What We Offer You… Adding value to our customers begins with adding value to you. You@BASF is the suite of benefits, perks, programs and unique opportunities we offer to support you—the whole you—in all stages of your life and career. With you@BASF, you create your own chemistry. The total rewards that you receive as a BASF employee go way beyond a paycheck. From competitive health and insurance plans, to robust retirement benefits that include company-matching contributions, to making sure you never stop learning, we believe investing in you is investing in our success. Working for a large, global organization, you’ll have a chance to grow professionally and personally, expand your network and build a rewarding and dynamic career.

Qualifications - BASF recognizes institutions of Higher Education which are accredited by the Council for Higher Education Accreditation or equivalent

Ingredients for Success: What We Look for in You…

• Bachelor's degree in Accounting, Finance, Economics, Business Administration, or related discipline with a minimum of 5 years of business experience; OR a minimum of 10 years of Credit, Finance, or Accounting Experience in lieu of a degree.
• Strong understanding of the elements of: Balance Sheet, Income Statement, and Accounting Principles,
• Ability to communicate effectively with both external and internal customers, including product management, sales, back office teams, and customer care.
• Strong organization, follow-up, and investigative skills.
• Negotiation, mediation, and conflict management skills,
• Strong sense of accountability; able to communicate and influence others with and without position authority.
• Knowledge of SAP preferred.
• Must be proficient in Microsoft Word, PowerPoint, and Excel.
• Ability to manage ambiguity and balance "dual citizenship (Finance and the business).

Nearest Major Market: New Jersey
Job Segment: Credit, Credit Analyst, Law, Risk Management, Finance, Legal, Customer Service