Analyst, Credit

We believe that difference sparks brilliance, so we welcome people and ideas from everywhere to join us in stretching what’s possible.
At Tapestry, being true to yourself is core to who we are. When each of us brings our individuality to our collective ambition, our creativity is unleashed. This global house of brands – Coach and Kate Spade New York – was built by unconventional entrepreneurs and unexpected solutions, so when we say we believe in dreams, we mean we believe in making them happen. We’re always on a journey to becoming our best, but you can count on this: Here, your voice is valued, your ambitions are supported, and your work is recognized.
A member of the Tapestry family, we are part of a global house of brands that has unwavering optimism and is committed to being innovative and wholly inclusive. Visit Our People page to learn more about Tapestry's commitment to equity, inclusion, and diversity. 

Primary Purpose:

The Credit Analyst is responsible for reviewing the creditworthiness of new and existing customers and vendors to help reduce financial risk, support timely order release, and ensure compliance with established credit policies and controls. This role partners with Accounts Receivable, Sales, Customer Service, Logistics, Operations, and Finance to evaluate credit exposure, resolve credit holds, support collections activity, and maintain accurate credit-related reporting under the direction of the Credit Manager.

The successful individual will leverage their proficiency in Credit Analysis by…

• Reviewing the creditworthiness of new and existing customers and vendors by analyzing financial statements, payment history, commercial credit reports, and relevant industry information.
• Assisting with establishing appropriate credit limits and risk mitigation measures, including prepayment terms and letters of credit for customers that do not qualify for open credit.
• Monitoring customer and vendor credit exposure and alerting the Credit Manager to deteriorating credit conditions or other emerging risks.
• Reviewing and releasing blocked sales orders daily in accordance with established credit policies and approval requirements.
• Partnering with Accounts Receivable, Sales, Customer Service, Logistics, Operations, and Finance to resolve routine issues affecting collections, credit decisions, and order flow.
• Monitoring accounts receivable aging, chargeback aging, deductions, disputes, and collection activity, and preparing recurring credit reports.
• Assisting the Credit Manager with credit procedures, and internal and external audit requests.
• Supporting SAP and other ERP system updates, testing, reporting, and credit-related process improvements, and performing journal entries on an ad hoc basis throughout the month.

The accomplished individual will possess…

• Knowledge of financial statement analysis, commercial credit practices, collections, and Accounts receivable processes.
• Strong analytical and problem-solving skills, with the ability to interpret payment trends, credit exposure, aging data, and commercial credit reports.
• Sound judgment and the ability to escalate credit concerns appropriately while supporting business needs and customer relationships.
• Strong communication and interpersonal skills, with the ability to explain credit requirements clearly and professionally to internal and external partners.
• The ability to manage multiple priorities in a fast-paced environment while maintaining accuracy, confidentiality, and attention to detail.
• A collaborative approach and willingness to support credit-related process improvements and reporting needs.
• Proficiency with Microsoft Office Suite, particularly Excel, and comfort working with data, reports, and credit or accounts receivable systems.
• Self-motivation and the ability to work independently with appropriate direction from the Credit Manager.

An outstanding professional will have…

• A bachelor’s degree in Accounting, Finance, Business Administration, Economics, or a related field.
• Three or more years of experience in Credit, Accounts Receivable, Credit and Collections, or Financial Analysis.
• Experience reviewing financial statements, payment history, and commercial credit reports from providers such as Dun & Bradstreet, Experian, or Creditsafe.
• Experience with SAP and credit, accounts receivable, collections, or reporting tools.
• An understanding of order release, credit holds, credit limit reviews, payment terms, customer credit risk assessment, internal controls, audit requirements, and proper credit documentation.
• Strong understanding of order release, credit holds, credit limit reviews, payment terms, and customer credit risk assessment.
• Strong understanding of SOX compliance, internal controls, audit processes, and proper credit documentation.

Our Competencies for All Employees
Courage: Doesn’t hold back anything that needs to be said; provides current, direct, complete, and “actionable” positive and corrective feedback to others; lets people know where they stand; faces up to people problems on any person or situation (not including direct reports) quickly and directly; is not afraid to take negative action when necessary.
Creativity: Comes up with a lot of new and unique ideas; easily makes connections among previously unrelated notions; tends to be seen as original and value-added in brainstorming settings.
Customer Focus: Is dedicated to meeting the expectations and requirements of internal and external customers; gets first-hand customer information and uses it for improvements in products and services; acts with customers in mind; establishes and maintains effective relationships with customers and gains their trust and respect.
Dealing with Ambiguity: Can effectively cope with change; can shift gears comfortably; can decide and act without having the total picture; isn’t upset when things are up in the air; doesn’t have to finish things before moving on; can comfortably handle risk and uncertainty.
Drive for Results: Can be counted on to exceed goals successfully; is constantly and consistently one of the top performers; very bottom-line oriented; steadfastly pushes self and others for results.
Interpersonal Savvy: Relates well to all kinds of people, up, down, and sideways, inside and outside the organization; builds appropriate rapport; builds constructive and effective relationships; uses diplomacy and tact; can diffuse even high-tension situations comfortably.
Learning on the Fly: Learns quickly when facing new problems; a relentless and versatile learner; open to change; analyzes both successes and failures for clues to improvement; experiments and will try anything to find solutions; enjoys the challenge of unfamiliar tasks; quickly grasps the essence and the underlying structure of anything.
 
Our Competencies for All People Managers
Strategic Agility: Sees ahead clearly; can anticipate future consequences and trends accurately; has broad knowledge and perspective; is future oriented; can articulately paint credible pictures and visions of possibilities and likelihoods; can create competitive and breakthrough strategies and plans.
Developing Direct Reports and Others: Provides challenging and stretching tasks and assignments; holds frequent development discussions; is aware of each person's career goals; constructs compelling development plans and executes them; pushes people to accept developmental moves; will take on those who need help and further development; cooperates with the developmental system in the organization; is a people builder.
Building Effective Teams: Blends people into teams when needed; creates strong morale and spirit in their team; shares wins and successes; fosters open dialogue; lets people finish and be responsible for their work; defines success in terms of the whole team; creates a feeling of belonging in the team.                                                                                                    
 

Tapestry, Inc. is an equal opportunity and affirmative action employer and we pride ourselves on hiring and developing the best people. All employment decisions (including recruitment, hiring, promotion, compensation, transfer, training, discipline and termination) are based on the applicant’s or employee’s qualifications as they relate to the requirements of the position under consideration. These decisions are made without regard to age, sex, sexual orientation, gender identity, genetic characteristics, race, color, creed, religion, ethnicity, national origin, alienage, citizenship, disability, marital status, military status, pregnancy, or any other legally-recognized protected basis prohibited by applicable law.

Americans with Disabilities Act (ADA)

Tapestry, Inc. will provide applicants and employees with reasonable accommodation for disabilities or religious beliefs. If you require reasonable accommodation to complete the application process, please contact Tapestry People Services at 1-855-566-9264.

Visit Tapestry, Inc.

Base Pay Range

Here are some of the benefits that we offer: Medical insurance, Dental insurance, Vision insurance, 401 (K), Paid Paternity and Maternity leave, Commuter Benefits, Disability insurance and Tuition assistance. Please click here for a complete list of U.S Corporate Compensation & Benefits.