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Credit & Agri Finance Assistant
Job Description
AgVantage FS is headquartered in Waverly, Iowa with branches in Northern and Eastern Iowa. AgVantage FS has about 400 employees (including seasonal workers) and approximately 23,000 customers. The cooperative does business in agronomy, energy, precision agronomy, and agri-finance. AgVantage FS is part of the
GROWMARK
System, an agricultural cooperative serving more than 100,000 customers across North America and Ontario, Canada.
PURPOSE AND SUMMARY STATEMENT
Collect, investigate, verifiy, and process financial information to determine credit worthiness of customers and prospective clients. Work with Credit Administrator & Credit/Agri-Finance Manager to effectively manage accounts and collection activities. Performs clerical and accounting duties related to accounts receivable, according to accepted accounting standards.
ESSENTIAL JOB FUNCTIONS
Makes daily cash deposits and completes daily cash reports. Collects and processes financial information for the purpose of investigating and verifying financial stat us and reputation of prospective customers applying for credit, preparing documents to substantiate findings. Serves as customer contact for statement questions and reconciles discrepancies. Processes monthly statements and other reports on a regular basis. Analyzes and reviews monthly customer statements, making necessary adjustments. Processes month-end accounts receivable and sales in Agvance. Drafts correspondence for use in collection attempts and applies appropriate telephone techniques or customer visits to manage collection activities when necessary. Addresses and handles credit inquiries, requests, and complaints from customers and/or company field personnel. Maintains Excel-Based Tracking Reports to include current portfolios of Agri-Finance customers and their loan draws i.e. adding loans, tracking applications, updating outstanding balances, and disseminate tracking reports to locations Coordinates and requests loan draws, reviews statements of open accounts, draws appropriate invoices, and ensures prepays are drawn correctly Processes payments and responds to payoff requests, submits ACH payments, reviews checks mailed into office, and gathers information for joint check release authorization Prepares reports for management on credit and collection activities in support of the Growmark Credit Policy.
OTHER JOB FUNCTIONS
Supports and contributes to total company goals and objectives through collaboration efforts and cross training. Serves as the back-up to the Credit Administrator as needed. May be required to pick up/drop off local products or materials by request. Follows GROWMARK's Code of Conduct and Corporate Compliance Program, Environmental Health and Safety, OSHA and DOT policies and procedures, as they apply. Performs all other duties as assigned.
REQUIREMENTS
Normally requires Associate's Degree in Accounting, finance or business management or the equivalent thereof, and/or prior work experience to demonstrate knowledge of basic accounting functions and computer systems and programs Must have and maintain a valid driver's license and satisfactory driving record. Demonstrated essential abilities business knowledge, collaboration, communication, customer focus, decision making and skill development. Ability and willingness to participate in required training that may include education on GROWMARK's policies and procedures and additional training as it relates to the requirements of the position. We are an equal opportunity/Disabled/Protected Veteran Employer. All individuals, regardless of demographic or other background, are encouraged to apply. Further, as a federal, state, and local contractor, we comply with government regulations and executive orders as applicable, including affirmative action responsibilities for qualified individuals with disability and protected veterans. Employment is contingent on, among other things, receipt of an acceptable and job-related background check, drug test, motor vehicle report, and/or reference check, as applicable and permissible by law.
SECURING YOUR FUTURE, ONE BENEFIT AT A TIME.
Our benefits packages are designed to support every aspect of our employees' well-being—from health plans to life insurance, robust retirement plans, and more. We provide benefits that meet their needs today while also ensuring a secure future. Offerings may include, but are not limited to:
UNITED STATES
Fully Funded Pension
• 401(k) & Employer Match Medical, Dental, Vision HSA & Employer Contributions Life Insurance Disability Identity Protection The pension plan is subject to individual company participation. Those who do not participate in the pension plan enjoy a higher 401(k) employer match.
•Some benefits are subject to the hiring company.
CANADA:
DC Pension Plan RRSP Medical, Dental, Vision Life Insurance Disability Volunteer Day Benefit eligibility may be dependent on employment type
Nearest Major Market:
Waterloo Job Segment:
Clerical, Scientific, Administrative, Engineering
Benefits
- 401(k) Plans
- Other Retirement and Savings
- Health Insurance
- Dental Insurance