Senior Credit Analyst Location : CLEVELAND, OH, United States Job Family : Finance/Economics Job Type : Regular Posted : Jun 16, 2025 Job ID : 57225 Back to Search Results Job Description Apply Now > Save JobJob Saved Parker Hannifin is a Fortune 250 global leader in motion and control technologies and systems, with annual sales of $19.9 billion in fiscal year 2024. For more than a century the company has been enabling engineering breakthroughs that lead to a better tomorrow in a wide range of diversified industrial and aerospace markets. Learn more at www.parker.com (https://www.parker.com/us/en/home.html) or @parkerhannifin. Position Summary The purpose of this position is to provide premier service and support to both internal and external customers as a key member of the Corporate Credit function. The scope and reach of service will be global. The duties will extend from developing, analyzing and applying Parker credit line approval standards to new and existing customers to various levels of data management and reporting. The job will also include vendor relationship management plus utilizing new technologies to manage and implement business process improvements and solutions. Main Responsibilities + Ensure appropriate credit standards are being followed as required by Corporate Credit Policy. + Approve credit limits per delegated limits of authority – new and existing customers. + Review of existing credit limits to ensure coverage is adequate to support ongoing customer requirements – this is done in coordination with the global Corp. Credit Mgrs. + Manage and administer the credit model PBi dashboard(s). + Manage and provide administrative support for the Power Automate workflows. + Per assigned accounts – review, analysis and recommendation for new and existing customer credit lines. + Coordinate with the U.S. Divisions on credit line approvals, over-rides and assessments. + Co-manage with Corp. Credit Mgrs. bankruptcy claims and filings – coordinate with third party service and courts. + Maintain and update reporting tools, data and dashboards. + Monthly data refresh. + Reconciliations. + Continued build out and upgrade for new and existing technology platforms used in the credit and AR space. + Third party applications and resources used for both reporting and credit line management such as Dun & Bradstreet. + Updating and managing interface files from third party source applications. + Vendor relationship management. + Coordinate with Director new and existing service agreements. + Annual renewals. + Management of departments set-ups and inputs into the purchase acquisition system and invoice application. + Manage the departments P-card. + Review and ongoing maintenance of the UCM data base related to credit use applications. + Lead or participate in ongoing business process improvements – kaizen events, HPT’s. + Other activities as needed to support and supplement the work managed by the Corp. Credit Mgrs. Key Accountabilities + Ensure the AR portfolio is reviewed and updated per policy in terms of credit line renewals and approvals. + Credit line analysis and escalations of recommendations to approvers in a timely manner. + Managing and updating the various data base applications to ensure accuracy and timeliness of data. + Daily interactions with U.S. Divisions and global credit teams by responding to requests for approvals or gathered information. + Annual vendor contract renewals and ongoing relationship management – keeping up with new technologies and offered services. + Manage and coordinate the timely filing of bankruptcy claims and post filing requirements. + Review and coordinate with third party collection agencies accounts placed for collection. Decision Making Authority + Approve Credit limits up to delegated levels of authority. + Order hold release authority and approvals within Corp. Credit guidelines. Qualifications + Bachelor’s degree in finance, business administration, accounting or related fields. + Candidates with a background in data analytics and software applications is considered a plus. + Minimum 5 years of experience in credit or related finance field. + Strong acumen with micro-soft office applications. + Working knowledge of ERP systems related to finance applications. Key Competencies + Excellent communication skills. + Strong relationship builder. + Strong technical acumen. + Financial analysis, basic financial statement understanding (Income / Balance Sheet / Cash Flow). + Preferred candidate would have experience and moderate skills with micro-soft office applications to include below: + Excel (strong). + Power Bi. + Word. + Power Point. + Power Automate. + Share Point. + Microsoft lists. + Ability to multi-task. + Strong organization skills. + Good decision-making skills. + Attention to detail. + Ability to embrace and drive change. + Business acumen that understands global finance and macro environments. The above is not all inclusive. It is intended to describe some of the key business skills necessary for the incumbent to be successful in the role. Parker is an Equal Opportunity and Affirmative Action Employer. Parker is committed to ensuring equal employment opportunities for all job applicants and employees. Employment decisions are based upon job related reasons regardless of race, ethnicity, color, religion, sex, sexual orientation, age, national origin, disability, gender identity, genetic information, veteran status, or any other status protected by law. However, U.S. Citizenship, Permanent Residency or other appropriate status is required for certain positions, in accord with U.S. import & export regulations. (“Minority / Female / Disability / Veteran / VEVRAA Federal Contractor”) If you would like more information about Equal Employment Opportunity as an applicant under the law, please click: Employees & Job Applicants | U.S. Equal Employment Opportunity Commission. (https://www.eeoc.gov/employees-job-applicants)