Credit Analyst - The Toro Company

 Who Are We?     

The Toro Company is a homegrown, Minnesota-based company that has been in business since 1914. We pride ourselves on providing world-class equipment to help maintain the environment that we love, while putting an emphasis on giving back to the communities that surround us. From residential lawns and gardens, to venues such as St Andrews Links and Target Field, we are a company with a global footprint and a passion for helping people beautify whatever landscape they may be in. With 100 years of operation under our belt and an average employee tenure of 15 years, come find out what makes The Toro Company the best place in the Twin Cities to build a career. 

Credit Analyst position:

Come join an essential part of TTC’s Finance division – TTC’s Credit team! The Credit team is seeking an individual with excellent analytical abilities and focused on process improvement. Our ideal candidate will be a curious self-starter that is detail oriented and can effectively communicate with leadership. The position offers opportunities to learn, grow and make a difference

What Will You Do?  

In order to grow and build a successful career with The Toro Company, you will be responsible for:  ​​​​

• Manage accounts receivable for assigned accounts including all AR related activities such as annual credit reviews, account reconciliation, dispute management, blocked orders and account placement for external collections.
• Perform credit analysis on strategic customers including analyzing customer financial statements, industry credit reports (Creditsafe) and internal payment metrics to determine credit risk and credit worthiness. Approximately 10% of role.
• Daily contact with internal and external sales and marketing staff concerning accounts, credit lines, and customers.
• Develop and/or use BI tools (Power BI and Domo) for enhanced automated analysis.
• Develop and/or use automated solutions to automate manual tasks (Power Apps, Power Automate).
• Interface with external customers to resolve past due balances, manage disputes and work through needed reconciliation.
• Review accounts for clearing to general ledger accounts as well as work with division, marketing programs, and general accounting to project, set accruals and balance general ledgers associated with warranty, discounts, pricing, and compliance.
• Collaborate with assigned divisions to balance sales objectives against credit risk of portfolio.
• Develop relationships across departments and collaborate on non-standard documents and/or exceptions to policies.
• Support and provide data analysis to Finance, Sales and other internal business partners as it pertains to credit risk, credit performance and dispute management.
• Lead and/or participate in process improvement projects. Ability to contribute to a project team and provide analysis and support the team towards an identified issue.

What Do You Need?  

To be considered for this role, an individual should meet the following minimal requirements:  

• Bachelor’s degree in Finance, Economics, Accounting, or related field preferred; will accept other degree with relevant work experience.
• 0-3 years of experience preferred in a credit or financial role, Analyst I
• 3-5 years of experience preferred in a credit or financial role, Analyst II
• 5+ years of experience preferred in a credit or financial role, Analyst III
• Strong analytical and problem-solving skills are required.
• Excellent communication and interpersonal skills are required to develop and maintain working relationships with internal and external customers.
• Experience with ERP systems (SAP) is a plus.
• Strong technology skills, knowledge of business intelligence tools (Power BI and Domo).
• Proficient in Microsoft Office products, intermediate knowledge of Excel is preferred.

What Can We Give You?     

At The Toro Company, we are always working to make sure our employees know just how valued they are. In addition to a competitive salary, an affordable and top tier medical/dental/vision plan, 401k, and many other great benefits - The Toro company offers employees at our Bloomington, MN HQ location a variety of perks, including:  

Dress for your day - We know you're more productive when you're comfortable, which is why TTC employees are encouraged to take advantage of our casual, corporate environment.  

Location – Conveniently located near both St. Paul and Minneapolis, we are centrally located for most commuters!  

Food - Take advantage of our onsite café, which serves both breakfast and lunch. With a Caribou Coffee attached, you can grab a snack and a coffee at any time during your day.  

Wellness - The Toro Company’s HQ offers complimentary use of our onsite fitness facility to employees. In addition to physical wellbeing, TTC offers a variety of mental health and financial health resources to all employees.  

Volunteerism - The Toro Company is proud to provide employees 20 hours of paid time to volunteer in the community.  

Summer Hours – Enjoy a flexible schedule during the summer! By working a little more during the first few days of the week, TTC employees at our Bloomington HQ are able to start their weekends early and leave by noon on Friday.  

Flexible Work Arrangements – This team is currently implementing a mostly remote work schedule, requiring employees to come onsite on an as-needed basis, including one day selected per month. The opportunity to collaborate in the office and work from home part-time, has promoted team-building and flexibility.  ​#LI-Remote

Competitive Salary – The pay range takes into account skills, experience, education, and location. It is not common to be hired at or near the top of the range; compensation decisions are dependent on the facts and circumstances of each case. A reasonable estimate of the annual pay range is between ​$58,000 - $85,000. Cash compensation is one piece of our competitive total rewards package. You may be eligible to participate in an incentive program, which rewards employees based on individual and organizational performance. Eligibility and award amounts are determined by company policy and performance metrics. If you need to, you can access your pay early with the One@Work app, formerly the Even app. 

At The Toro Company, we are committed to fostering a secure and trustworthy recruitment process for our applicants. Recruitment fraud is a potential threat to job seekers, so please be aware that throughout our recruitment process, you’ll never be required to pay any fees or disclose personal financial details when applying to TTC opportunities.   

The Toro Company is an Equal Opportunity Employer. We consider all qualified applicants based on merit and do not discriminate on the basis of race, color, religion, sex (including pregnancy, gender identity, and sexual orientation), parental status, national origin, age, disability, genetic information, military service, or other non-merit factors. We are committed to creating a welcoming environment for all employees.