Credit Analyst

Location:

Wyomissing, PA, US

Company: UGI Energy Services, LLC

Remote Options:

UGI Energy Services supplies and markets natural gas, liquid fuels, and electricity to 42,000 customer locations across the Mid-Atlantic and Northeastern US.

We are a supplier, marketer, and midstream services provider – one backed by 135 years of natural gas experience, plus our own expanding energy infrastructure. Along with buying and selling energy commodities at the wholesale level, UGIES owns and operates key electric generation and midstream natural gas assets throughout Pennsylvania.

With headquarters and supply sources near the heart of the Marcellus Shale, UGIES is well positioned to meet the changing energy demands of commercial, industrial, institutional, and government customers for years to come.

We offer comprehensive benefits, some of which are:

Paid Vacation time starts with 3 weeks off
8 Paid Holidays
Sick time
Short term & Long term disability
Medical plan options from Blue Cross
Vision coverage from Vision Service Provider
Dental coverage from United Concordia
Extended Maternity Leave - 8 weeks pay at 100% with the option of 2 more weeks paid at 100% or 4 weeks paid at 50%
Paternity Leave - 2 weeks pay at 100% or 4 weeks pay at 50%
Company provided 401K match of 100% of the employee's 6% contribution
Tuition Reimbursement of 80% of tuition costs capped at $6,300 per year

Job Summary

The Credit Analyst is responsible for assessing the creditworthiness of new and existing customers and counterparties. The analyst will review financial statements, credit reports and all available information to make credit decisions that are aligned with company policy. The Credit Analyst will also assist in the development and implementation of credit policies, procedures, and risk management strategies.

Duties and Responsibilities

Analyze customers and counterparties to determine credit worthiness by reviewing D&B reports, financials statements and other available information. Establish a credit limit and determine whether credit insurance or security must be obtained while adhering to company policy.
Closely monitor credit insurance coverage and security provided by customers/counterparties and ensure that it remains current and adequate. Administer security provided by UGI Energy Services including corporate guarantees, surety bonds and cash deposits.
Support the sales team by analyzing requests for non-standard payment terms, extended contract terms, name changes and other miscellaneous requests.
Perform weekly/monthly reporting and calculate the bad debt reserve.
Responsible for supporting both the internal and external Auditors for the Credit function.
Work closely with the Legal department to ensure various legal documents (E.g., Letters of Credit, Bonds, Parent Guarantees, Confidentiality Agreements etc.) are reviewed prior to accepting.
Assist in the development and implementation of credit policies, procedures, and risk management strategies.

Knowledge, Skills and Abilities

Excellent analytical and interpersonal skills.
Must be detail oriented with strong organizational skills.
Problem Solving & Creativity - Uses logic and methods to solve problems with effective solutions.
Strong PC skills (proficient with Microsoft Word, Excel, Outlook, and DocuSign). Preferred experience in SAP HANA, Tableau.
Must have strong oral and written communication skills to effectively work with multiple levels of management.
Professional, reliable and self-directing work habits and a desire to learn new and efficient ways of accomplishing work assignments.

Education and Experience

Bachelor's Degree in Accounting, Finance, Economics, or similar field of study or equivalent experience.
At least two of experience working in a quantitative and analyst capacity. Highly preferred: Energy industry experience.

UGI Energy Services, is an Equal Opportunity and Affirmative Action Employer. The Company does not discriminate on the basis of race, color, sex, national origin, disability, age, gender identity, veteran status, or any other legally protected class in its practices.