Cummins Inc. Credit Analyst in Nashville, Tennessee
Our culture is one that believes in Powering Your Potential . We provide global opportunities to develop your career, make your community a better place and work with today’s most innovative thinkers to solve the world’s toughest problems. We believe in flexibility for you to explore your passions and make an impact through meaningful work within our diverse workforce.
Our Sales and Services Business Unit delivers reliable, durable, high performing products to our global partners. Working in an innovative space, you’ll develop high tech solutions that will fuel your advanced career skill set and empower you to own your career. Our integrated businesses demand the talents and creativity of individuals with a wide range of skills and experience.
This is an exciting opportunity in Nashville, Tennessee for a Credit Analyst.
Your impact will happen in these and other ways:
Responsible for the preparation of credit reporting and credit-worthiness reviews for an entity within a business segment.
Prepares entity level credit reporting, planning and forecasting.
Analyzes entity level credit exposures.
Develops an understanding of trade finance and credit management skills to support the business.
Performs credit-worthiness reviews on new and existing accounts at the entity level in line with Corporate Policy, ensuring minimal risk to the business.
Prepares metrics analysis and consolidated credit reporting for the entity, as well as ad hoc credit analysis and reports as required.
Manages the local customers in relation to credit limits and terms and communicates with those customers as required.
Coordinates effectively with transactional shared services provider (Cummins Business Services) in terms of Accounts Receivables.
Ensures local entity credit activities are in line with Corporate Credit Policies.
Executes special projects as assigned.
Financial Analysis - Interprets financial data by analyzing trends, variances, opportunities and risks to provide insight to stakeholders regarding financial impact to drive business improvement; evaluates financial results against targets to communicate conclusions to all stakeholders; ensures integrity of financial data by investigating variances and determining corrective actions to resolve identified issues.
Credit Management - Assesses customer credit worthiness and risk to ensure that credit limits support sales strategies while maximizing accounts receivable collectability and minimizing bad debt balances; evaluates business opportunities to maximize sales without taking on undue balance sheet risks; analyzes customer payment performance to identify potential risks in order to optimize collection efficiency and minimize bad debts.
Action oriented - Taking on new opportunities and tough challenges with a sense of urgency, high energy, and enthusiasm.
Collaborates - Building partnerships and working collaboratively with others to meet shared objectives.
Communicates effectively - Developing and delivering multi-mode communications that convey a clear understanding of the unique needs of different audiences.
Financial acumen - Interpreting and applying understanding of key financial indicators to make better business decisions.
Nimble learning - Actively learning through experimentation when tackling new problems, using both successes and failures as learning fodder.
Resourcefulness - Securing and deploying resources effectively and efficiently.
Demonstrates self-awareness - Using a combination of feedback and reflection to gain productive insight into personal strengths and weaknesses.
Situational adaptability - Adapting approach and demeanor in real time to match the shifting demands of different situations.
Instills trust - Gaining the confidence and trust of others through honesty, integrity, and authenticity.
Optimizes work processes - Knowing the most effective and efficient processes to get things done, with a focus on continuous improvement
Minimum two years of experience in a similar role.
Previous experience with analysis of financial statements like balance sheet, cash flow, etc.
Experience with credit and lending practices in a B2B environment.
Required Education, Licenses or Certifications
College, university, or equivalent degree in Accounting, Finance, Economics, or related subject required.
Compensation and Benefits
Base salary rate commensurate with experience. Additional benefits vary between locations and include options such as our 401(k) Retirement Savings Plan, Cash Balance Pension Plan, Medical/Dental/Life Insurance, Health Savings Account, Domestic Partners Coverage and a full complement of personal and professional benefits.
Cummins and E-verify
At Cummins, we are an equal opportunity and affirmative action employer dedicated to diversity in the workplace. Our policy is to provide equal employment opportunities to all qualified persons without regard to race, gender, color, disability, national origin, age, religion, union affiliation, sexual orientation, veteran status, citizenship, gender identity and/or expression, or other status protected by law. Cummins validates right to work using E-Verify. Cummins will provide the Social Security Administration (SSA) and, if necessary, the Department of Homeland Security (DHS), with information from each new employee’s Form I-9 to confirm work authorization.
Ready to think beyond your desk? Apply for this opportunity to start your career with Cummins today.careers.cummins.com
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Primary Location United States-Tennessee-Nashville-US, TN, Nashville, Cummins Business Services
Job Type Experienced - Exempt / Office
Recruitment Job Type Exempt - Experienced
Job Posting Aug 27, 2020, 6:29:21 PM
Unposting Date Ongoing
Req ID: 200001Y7