Bad Debt Analyst

Houston, TX

Full Remote  -  IT - Business Systems / Data / Analyst  -  Contract  -  Job ID: 24-07756

Title: Bad Debt Analyst
Location: Remote
Duration: 1+ year contract
Work Requirements: US Citizen, Green Card Holder, or Authorized to Work in the US

Qualified candidates should send their resume (Word format) to Nick Castiglia at NCastiglia@INSPYRsolutions.com

This role will be responsible for:

  • Preparing financial, operational, and business-related analyses related to bad debt and penalty revenue fees
  • Data analytics required to decipher trends and perform appropriate reports and analyses
  • Monitoring and preparing financial forecasts based on inputs from business owners and historical and expected trends
  • Monitoring key data inputs and drivers to ensure financial forecasts and variance analyses are accurate
  • Compiling and preparing financial performance metrics, reports and presentations, along with communicating results to key stakeholders
  • Identifying reporting and forecasting improvements that can be made to improve performance and reduce manual workload

Essential Duties/Responsibilities:

  • Responsible for the timely and accurate production of weekly, monthly and quarterly metrics, reports and analyses on delinquencies, bad debt, and penalty revenues.
  • Prepares budgets, forecasts and financial analyses for AR aging, bad debt and penalty revenues.
  • Leads the creation, maintenance and update of complex financial models that forecast bad debt, penalty revenue and other operating expenses.
  • Requires heavy use of large amounts of data, being able to analyze and understand the data and use it to improve models and provide variance explanations.
  • Coordinates with key internal stakeholders to determine appropriate modeling assumptions and structuring for bad debt.
  • Clearly communicates and presents analyses to senior management for financial decision making.
  • Independently and/or cross-functionally conduct special projects that monitor, report and control risk factors driving bad debt.
  • Works with Accounting to record month end accruals for monthly close process.
  • Leads the process of gathering, analyzing, preparing, and summarizing recommendations for bad debt optimization and drivers of bad debt, including attrition, pricing, operational processes, etc.
  • Creates financial analyses and narrative for quarterly earnings preparation on bad debt.
  • Responds to ad hoc reporting requests by leadership.
  • Performs all aspects of work with a high degree of effectiveness, efficiency and accuracy.

Minimum Requirements:

  • Bachelor's degree in math, data analytics, business, finance, accounting, or economics from an accredited college or university required
  • Minimum of five years of experience in a financially focused or data analysis role
  • 2 + years of Proficient Excel experience used to prepare reports and perform data analysis using lookup formulas and pivot tables.

Preferred Qualifications:

  • Experience building financial models that use trends and multiple inputs to forecast future results
  • Obtains general knowledge of accounting concepts (income statement, general ledger, accruals, debits and credits)
  • Experience with SAP General Ledger systems and/or Hyperion Planning systems is a plus
  • Experience with SAS, regression analysis and data analytics is a plus

Additional Knowledge, Skills and Abilities:

  • Ability to manage and organize workload in order to meet aggressive deadlines
  • Ability to work independently with minimal supervision and produce quality results but can also work effectively in a team-oriented environment
  • Ability to simplify and improve processes
  • Ability to adapt effectively to new and changing requirements
  • Obtains strong analytical and problem-solving skills and is detail oriented
  • Excels in quickly conceptualizing and assimilating data to make decisions and take appropriate action
  • Ability to effectively communicate to a wide range of audiences in both written and oral form

Our benefits package includes:

  • Comprehensive medical benefits
  • Competitive pay
  • 401(k) retirement plan
  • …and much more!

About INSPYR Solutions:
Technology is our focus and quality is our commitment. As a national expert in delivering flexible technology and talent solutions, we strategically align industry and technical expertise with our clients' business objectives and cultural needs. Our solutions are tailored to each client and include a wide variety of professional services, project, and talent solutions. By always striving for excellence and focusing on the human aspect of our business, we work seamlessly with our talent and clients to match the right solutions to the right opportunities. Learn more about us at inspyrsolutions.com.
 
INSPYR Solutions provides Equal Employment Opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, national origin, age, disability, or genetics. In addition to federal law requirements, INSPYR complies with applicable state and local laws governing nondiscrimination in employment in every location in which the company has facilities.

 

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