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Financial Analyst, Credit in Ames, IA at REG

Date Posted: 3/12/2018

Job Snapshot

  • Employee Type:
  • Location:
    Ames, IA
  • Job Type:
  • Experience:
    Not Specified
  • Date Posted:

Job Description


The purpose of this job is to be responsible for ensuring consistent application of the corporate credit policies and procedures, and will assist with conducting credit investigations, analyze credit data and financial information of customers that are applying for credit, which involves daily interactions with customers, establishing rapport and maintaining high quality professional relationships with key department personnel including sales and procurement, and monitoring and reporting on key metrics established by management.  This position will also assist various departments, as needed, and work on special projects.



Application of corporate credit policy and procedures

  • Maintain compliance with the corporate credit policy and practices
  • Ensure records are maintained to support credit decisions
  • Logically and consistently organize and manage customer credit files
  • Recommend changes in the corporate credit policy to management and leadership
  • Conduct periodic credit reviews of customer financial data and references
  • Market, train, counsel, advise, and communicate corporate credit policy and procedures to company personnel
  • Prepare and review collection reports to ascertain status of collections and balances outstanding and to evaluate effectiveness of current collection policies and procedures 

Analyzing credit data and financial information

  • Analyze customer credit application and information, and using the data to recommend payment plans
  • Evaluating the financial status of customers by calculating financial ratios
  • Compare liquidity, profitability, and credit histories of customers being evaluated to determine risk
  • Minimize bad debt risk and maximize accounts receivable collections
  • Prepare documentation to substantiate findings and credit decisions
Interactions with customers

  • Monitor past due customer accounts and communicate timely follow up
  • Perform collection calls and customer visits to collect accounts receivable
  • Conduct oneself professionally in all interactions with customers and other stakeholders

Other frequent duties:

  • Establish and maintain relationships and open lines of communication with the sales team
  • Work with procurement department and outside vendors to ensure good credit standing with vendors
  • Research customer inquiries and claims of invoice payment, and if necessary, request customer refunds
  • Keep up to date on key credit trends and issues
  • Provide assistance to various departments and work on special projects, as needed
  • Assist with the training and development of personnel, as requested 
Perform other duties as assigned


Education Required: 4 year bachelor’s degree – Accounting, Finance, Economics or related degree

Experience Required:  0-3 years financial experience or coursework, which may include relevant college level classes, club participation, full/part time employment, and/or internships.

Skills Required

Extensive finance and accounting skills
Advanced Excel skills
Strong verbal and written communication skills
Microsoft Office Suite (Excel, PowerPoint, Outlook)

Special skills or knowledge preferred:
JD Edwards


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