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Peloton Cycle 11 months ago
location: remoteus
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Credit Specialist

Location Remote

Status Full-Time

ABOUT THE ROLE

The Credit Specialist analyzes credit data to estimate the degree of risk involved in extending credit to domestic and international companies. The Credit Specialist reports to the Credit Manager, and interacts extensively with customers, sales, customer service, accounting and logistics personnel.

YOUR DAILY IMPACT AT PELOTON

  • Daily management of assigned portfolio.
  • Responsible for the collection of portfolio assigned.
  • Manage order hold queue throughout the day, ensuring timely approval of new orders. Interface with stakeholders on the status of aged orders on credit hold. Contact customers over the credit limit or past #due for payment.
  • Monitor all assigned accounts, contact customers with past due accounts on a bi-weekly basis, interface with stakeholders consistently on the status of delayed installations, missing documentation, and stagnant orders
  • Work closely with Credit Manager and Sales Department on any accounts which do not pay timely, making every effort to minimize bad debt write offs while utilizing appropriate measures (held orders, escalating verbal and written communications, outside collection agencies, legal counsel, etc.) as needed.
  • During communications with customers, strive to increase customer understanding of Precor policies (payment terms, returns, credit, warranty, freight, etc.)
  • Manage disputed invoices and sales tax errors and work with appropriate departments to resolve discrepancies.
  • Send statements and invoice copies to customers, as requested.
  • Assist with running credit card payments, posting cash, and collections of pre-paid orders, as needed.
  • Work with customers to reconcile accounts receivable in the assigned portfolio.
  • New account and existing account credit line reviews
  • Perform inidually, or collaborate with Credit Manager in various areas, including:
  • Review credit applications, ensure completeness, request additional information as required.
  • Analyze standard business and personal credit reports, request banking and vendor references, review financial statements and all other applicable credit sources to determine creditworthiness.
  • Prepare analysis and recommendations for increases and decreases of credit lines exceeding authority levels to management.
  • Submit recommended credit limit requests to management and communicate approvals in a timely manner to necessary parties, following ECOA standards.
  • Assist with department reporting, including weekly A/R metrics and cash forecasting
  • Assist with entire portfolio account reconciliations, as assigned.
  • Investigate and resolve issues, including follow-up activities such as reconciliation of payment disputes, chargebacks, discounts, credit adjustments, write-offs, and refunds.
  • Assist Sales and Customer Service personnel in the problem resolution process as it relates to credit, collections, and disputes.
  • Maintain database of customer credit histories.
  • Assist with credit card payments, posting cash, and collections of pre-paid orders, as needed.
  • Manage PO and invoicing requirements through customer portals, as needed.
  • Performs other duties as assigned

YOU BRING TO PELOTON

  • 4+ years of commercial credit, collections, and accounts receivable experience in a manufacturing or sales environment, with an emphasis on financial statement and credit analysis review
  • Technical agility: system process improvement, always looking for a better way
  • Intermediate Excel skills
  • SAP experience preferred

Base Salary: $63,750.00 to $86,250.00

The base salary range represents the low and high end of the anticipated salary range for this position based at our New York City headquarters. The actual base salary offered for this position will depend on numerous factors including inidual performance, business objectives, and if the location for the job changes. Our base salary is just one component of Peloton’s competitive total rewards strategy that also includes annual equity awards and an Employee Stock Purchase Plan as well as other region-specific health and welfare benefits.

As an organization, one of our top priorities is to maintain the health and wellbeing for our employees and their family. To achieve this goal, we offer robust and comprehensive benefits including:

  • Medical, dental and vision insurance
  • Generous paid time off policy
  • Short-term and long-term disability
  • Access to mental health services
  • 401k, tuition reimbursement and student loan paydown plans
  • Employee Stock Purchase Plan
  • Fertility and adoption support and up to 18 weeks of paid parental leave
  • Child care and family care discounts
  • Free access to Peloton Digital App and apparel and product discounts
  • Commuter benefits and Citi Bike Discount
  • Pet insurance and so much more!

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ABOUT PELOTON:

Peloton provides Members with expert instruction, world-class content and the fitness industry’s leading music library to create impactful and entertaining workout experiences for anyone, anywhere and at any stage in their fitness journey. At home, outdoors, traveling, or at the gym, Peloton offers an immersive and personalized experience [with or without equipment]. Access Peloton content via the Peloton Bike, Bike+, Tread, Guide, Row or the Peloton App, now with multiple membership tiers. Founded in 2012 and headquartered in New York City, Peloton has a highly engaged community of nearly 7 million Members across the US, UK, Canada, Germany, and Australia.

Peloton is an equal opportunity employer and committed to creating an inclusive environment for all of our applicants. We do not discriminate based upon race, religion, color, national origin, gender (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity, gender expression, age, status as a protected veteran, status as an inidual with a disability, or other applicable legally protected characteristics. If you would like to request any accommodations from application through to interview, please email: [email protected]

Please be aware that fictitious job openings, consulting engagements, solicitations, or employment offers may be circulated on the Internet in an attempt to obtain privileged information, or to induce you to pay a fee for services related to recruitment or training. Peloton does NOT charge any application, processing, or training fee at any stage of the recruitment or hiring process. All genuine job openings will be posted here on our careers page and all communications from the Peloton recruiting team and/or hiring managers will be from an @ onepeloton.com email address.

If you have any doubts about the authenticity of an email, letter or telephone communication purportedly from, for, or on behalf of Peloton, please email [email protected] before taking any further action in relation to the correspondence.

Peloton does not accept unsolicited agency resumes. Agencies should not forward resumes to our jobs alias, Peloton employees or any other organization location. Peloton is not responsible for any agency fees related to unsolicited resumes.