Caring for a multi-million-dollar portfolio of retail store accounts is the core of this Credit Analyst role, which involves advanced financial statement analysis for member applications, order release, retailer loan underwriting, and collection efforts. This critical finance position focuses on identifying and mitigating risk to protect the Cooperative from financial losses. You will work with an extensive team of credit and operations professionals in a flexible work environment within a newly remodeled facility on a sprawling, wooded campus.
Responsibilities
Analyze and decision new member applications within designated authority and territory
Underwrite loan applications within designated territory
Determine appropriate credit limits within designated authority and territory
Disposition blocked retailer orders timely and in line with the retailer's risk profile
Establish payment plans to resolve retailer past due balances
Requirements
Ability to quickly read, interpret and analyze financial statements including balance sheets, income and cash flow statements, and proforma data to produce a professional written analysis
Manage a portfolio of accounts including setting credit limits, order release, and working with past due retailers to develop solutions and payment plans as needed
Self-motivated, with a strong work ethic, well organized and able to perform with limited supervision in order to work effectively within various deadlines and time constraints
Excellent verbal and non-verbal communication and negotiation skills
Proficient with SAP or equivalent ERP system, MS Office Suite, database queries and reporting
Nice to have:
A four-year business degree (preferably in Finance, Economics or Accounting)
Familiarity with business and credit laws and prior experience working with legal contracts
Benefits
Incentive opportunities, based on role/grade level (company growth over the past 5 years resulted in incentives being paid out at an average of 122% of your target opportunity!)
Generous 401(k) retirement savings plan with a fully vested matching contribution the first year in addition to quarterly contributions and annual discretionary contribution (once eligibility requirements have been met). Over the past 5 years, company contributions (matching, quarterly & discretionary) for fully eligible employees have averaged 10% of total eligible compensation
Comprehensive health coverage (medical, dental, vision and disability – up to 26 weeks short-term disability and long-term disability) & life insurance benefits for you and your dependents
21 days of vacation immediately available (prorated in the first year) and up to 6 paid holidays depending on the month of hire
Millions of jobs, with real people getting hired every day
200,000+
New jobs added daily
7,000,000+
Verified job listings
1,000,000+
Tailored applications submitted
Company car, phone and fuel card are provided for field-based positions
Chance to be part of something meaningful, helping locally-owned businesses thrive and making an impact in their communities
Annual Ace Cares Week, 20 hours off work per year to volunteer at an organization of your choice, opportunities to help Children’s Miracle Network Hospitals and the Ace Helpful Fund through the Ace Foundation
On-site classes, facilitator-led courses, and a generous tuition assistance program, plus a performance management approach that goes beyond the typical annual review
Frequent campus events like Employee Appreciation Week, vendor demos, cookouts, and merchandise sales
Services such as mobile spas, auto maintenance, car wash and detailing, dry cleaning, dentists, eye doctors, flu shots, recycling and more
Employee discounts on Ace merchandise (including top brands like Weber, Traeger, Yeti, Craftsman, DeWalt and more), travel, fitness, computers and thousands more
Birth/adoption bonding paid time off
Adoption cost reimbursement
Employee Assistance Program (EAP) – access to free visits to therapists and lawyers, guidance on financial matters, elder and childcare, and assistance with tickets to entertainment events
Identity theft protection
Important Details
Work format: 4 days in the office, 1 day remote
About the Company
Ace Hardware Corporation helps customers take care of their homes by selecting, promoting, shipping and processing invoices for more than 75,000 products. The company is committed to its values of Winning, Excellence, Love, Integrity, Gratitude, Humility, and Teamwork.
