2

Entry Level Credit Analyst Jobs in Madison, WI (NOW HIRING)

Transit Accountant 1 or 2

Madison, WI · On-site

$73K - $93K/yr

... entry level professional accounting work preparing financial statements, analyzing expenditures ... Monitor and assign incoming credits and debits to ledger accounts Budget and Grants Accounting

Showing results 21-21

Entry Level Credit Analyst information

See Madison, WI salary details

$15

$30

$49

How much do entry level credit analyst jobs pay per hour?

As of Sep 7, 2026, the average hourly pay for entry level credit analyst in Madison, WI is $30.16, according to ZipRecruiter salary data. Most workers in this role earn between $23.27 and $33.89 per hour, depending on experience, location, and employer.

What does an entry level credit analyst do?

An Entry Level Credit Analyst is responsible for evaluating the creditworthiness of individuals or companies by analyzing financial data and credit reports. They help determine the risk involved in lending money or extending credit and may assist in setting credit limits or recommending loan approvals. Their role often involves preparing financial spreadsheets, reviewing credit applications, and supporting senior analysts in making informed decisions. This position is a great starting point for those interested in finance or banking, offering valuable experience in risk assessment and financial analysis.

What are the key skills and qualifications needed to thrive as an entry level credit analyst?

To thrive as an Entry Level Credit Analyst, you need strong analytical abilities, a solid understanding of financial statements, and typically a bachelor's degree in finance, accounting, or a related field. Familiarity with financial modeling tools, Microsoft Excel, and credit analysis software is often required. Attention to detail, effective communication, and problem-solving skills are essential soft skills in this role. These competencies ensure accurate risk assessments, clear reporting, and effective decision-making in evaluating creditworthiness.

What are some common challenges faced by entry level credit analysts in their first year, and how can they overcome them?

Entry level credit analysts often encounter challenges such as adapting to complex financial analysis tools, understanding industry-specific credit risk factors, and managing a high volume of loan applications under tight deadlines. To overcome these obstacles, it's helpful to seek mentorship from experienced colleagues, proactively participate in training sessions, and regularly review credit policies and case studies. Collaboration with senior analysts and open communication with team members can also accelerate learning and ensure accurate credit assessments.

What is the difference between Entry Level Credit Analyst vs Credit Underwriter?

AspectEntry Level Credit AnalystCredit Underwriter
Required CredentialsBachelor's degree in finance, accounting, or related field; basic knowledge of credit analysisBachelor's degree; often additional certifications like CFA or credit-specific training
Work EnvironmentOffice setting, analyzing financial data, preparing reportsOffice setting, assessing credit applications, making approval decisions
Employer & Industry UsageFinancial institutions, banks, credit agenciesBanks, lending companies, financial services
Common Search & Comparison IntentUnderstanding entry-level roles in credit analysisComparing roles involved in credit approval process

Entry Level Credit Analysts typically focus on analyzing financial data and preparing reports to support credit decisions, often with less responsibility than Credit Underwriters, who evaluate and approve credit applications. Both roles require similar educational backgrounds and are common in financial institutions, but Credit Underwriters usually have more decision-making authority and specialized training.

What are the most commonly searched types of Credit Analyst jobs in Madison, WI?

The most popular types of Credit Analyst jobs in Madison, WI are:

What are popular job titles related to Entry Level Credit Analyst jobs in Madison, WI?

For Entry Level Credit Analyst jobs in Madison, WI, the most frequently searched job titles are:

What job categories do people searching Entry Level Credit Analyst jobs in Madison, WI look for?

The top searched job categories for Entry Level Credit Analyst jobs in Madison, WI are:

What cities near Madison, WI are hiring for Entry Level Credit Analyst jobs?

Cities near Madison, WI with the most Entry Level Credit Analyst job openings:

Infographic showing various Entry Level Credit Analyst job openings in Madison, WI as of August 2026, with employment types broken down into 1% Internship, 81% Full Time, 17% Part Time, and 1% Contract. Highlights an 95% Physical, 1% Hybrid, and 4% Remote job distribution, with an average salary of $62,727 per year, or $30.2 per hour.

Transit Accountant 1 or 2

City of Madison, WI

Madison, WI • On-site

$73K - $93K/yr

Full-time

Medical, Dental, Vision, Life, PTO

This job post has expired 1 day ago. Applications are no longer accepted.


Key responsibilities

  • Assist with monitoring operating budgets, compiling budget-to-actual information, and preparing financial reports.

  • Perform account reconciliations, closeouts, and assist with annual audits and physical inventories.

  • Create and maintain purchase orders, process accounts payable, and reconcile invoices and payments.


City Of Madison (Wisconsin) rating

6.6

Company rating: 6.6 out of 10

Based on 15 frontline employees who took The Breakroom Quiz

737th of 856 rated public administrative organizations


Job description

Salary : $73,004.10 - $93,965.04 Annually
Location : Metro Transit, Madison, WI
Job Type: PERMANENT FULL TIME
Job Number: 2026-00242
Department: Metro Transit
Opening Date: 08/25/2026
Closing Date: 9/2/2026 4:59 PM Central
Comp. Group/Range: 44/6 or 44/8
General Description
Join the Metro Transit team!
This is responsible entry level professional accounting work preparing financial statements, analyzing expenditures, conducting audits, and backing up Federal Transit Administration (FTA) grant and procurement activities. Work requires broad-based accounting knowledge and is characterized by the exercise of judgement and discretion. Work is performed under the direction of the Transit Finance Manager.
This series is structured to provide advancement from Transit Accountant 1 to Transit Accountant 2 to Transit Accountant 3 as a function of the employee's career development and generally occurs after two years gaining experience, mastery and greater independence at each level.
The Transit Accountant 1starts at $73,004.10 annually and the Transit Accountant 2 starts at $79,185.60 annually. Classification level will be determined at the time of hire and will be based on the candidate's overall qualifications.
Employees may be eligible for loan forgiveness through thePublic Service Loan Forgiveness Program
Black, Indigenous, people of color, women, trans, nonbinary, and individuals with disabilities are encouraged to apply. We value the unique blend of lived experiences and diverse perspectives that comes from non-traditional education pathways and the variety of transferrable skills each candidate brings to the table. We value diversity, equity, inclusion, and belonging. Even if every item on the job posting doesn't match your experience perfectly, we encourage you to apply and share how your skills and experience can best serve our community.
NOTE: There are short answer questions as part of this application. Answers are required and may be used to determine which candidates move forward in the process following a screening of minimum qualifications. Click on the Supplemental Questions tab to view.
Examples of Duties and Responsibilities
Transit Accountant 1
General Accounting
  • Assist with
    • monitoring operating budget and compile budget-to-actual information
    • annual audit tasks
    • account reconciliations and closeouts
    • periodic physical inventories of supplies, parts, and equipment
    • preparing and distributing fiscal materials
    • preparing journal voucher entries
Accounts Payable and Receivable Accounting
  • Create and maintain active purchase orders and process accounts payable
  • Audit and reconcile invoices and purchases and respond to routine questions
  • Reconcile payments and prepare invoices
  • Monitor and assign incoming credits and debits to ledger accounts
Budget and Grants Accounting
  • Month-end and year-end closing duties
  • Assist in preparing grant drawdown and reimbursement requests
  • Assist in processing accounting entries for grants and capital projects and preparing related financial reports

Perform related work as assigned
Minimum Qualifications
Transit Accountant 1
  • Two (2) years of progressively responsible accounting experience
  • Proficiency in accounting related computer software programs
-OR-
  • Degree in Accounting or closely related field such as Finance, including completion of advanced-level accounting major coursework; AND
  • Proficiency in accounting related computer software programs
Transit Accountant 2
  • Four (4) years of progressively responsible accounting experience
  • Proficiency in accounting related computer software programs
-OR-
  • Degree in Accounting or closely related field such as Finance, including completion of advanced-level accounting major coursework; AND
  • Two (2) years of progressively responsible accounting experience; AND
  • Proficiency in accounting related computer software programs

The City of Madison strives to provide exceptional customer service to all its residents and visitors. Therefore, successful candidates will have demonstrated ability to effectively work with multicultural communities.
For a complete list of the Knowledge, Skills, and Abilities, please see the
Special Requirements
Ability to meet the transportation needs of the position.
Physical requirements:
This work is primarily done sitting/standing at a desk, using a computer and other standard office equipment. Ability to access various areas of the agency in order to do inventory.
The City of Madison offers excellent pay and benefits for employees. City Ordinances, handbooks, and labor contracts provide specifics; the description here is not to be considered a binding statement but offers an informal summary.
Compensation
The City of Madison strives to pay competitive wages. View the current for pay for all classifications. Employees receive increases based on tenure with the City.
Benefits
The City offers a competitive benefits package, including a generous leave package, a variety of insurance options, and non-traditional benefits such as optional pet insurance, a bus pass for all employees, and the possibility of flexible work schedules. A brief summary of benefits is listed below. Please visit our for more information.
Leave
Vacation is earned upon starting employment and can be used after completion of probation. The general vacation schedule is below.
After 1 year 5 work days of vacation
After 2 years 10 days
After 7 years 15 days
After 12 years 20 days
After 19 years 25 days
After 27 years 27 days
Employees earn 5 personal days in addition to vacation.
Employees receive eight official paid holidays (New Year's Day, Martin Luther King, Jr. Holiday, Memorial Day, Juneteenth, Independence Day, Labor Day, Thanksgiving, Christmas Day), as well as 1 paid leave day (the Friday after Thanksgiving).
Employees also earn 13 sick days annually that may accrue to a total of 150 days.
Retirement
The City of Madison participates in the Wisconsin Retirement System through the State of Wisconsin Department of Employee Trust Funds.
Insurance
The City of Madison offers a variety of optional insurance programs including:
  • Health Insurance
  • Dental Insurance
  • Vision Insurance
  • Pet Insurance
  • Life Insurance
  • Income Continuation Insurance (for short and long-term disability)
  • Long Term Care Insurance

Other Benefits
The City offers numerous other benefits and programs for employees, including:
• 457(b) deferred compensation plans
• Employee Assistance Program
• Bus Pass on Madison Metro
• Flexible Work Schedules
• Employer-paid Training
01
Below you will be asked to respond to checkbox questions as well as provide short answers in a text box. You may prepare your answers in another document and then 'cut and paste' your response into each text box. Otherwise, you can work on your response within the application and save your work to come back later, as needed. Please be sure to provide a complete response to each question.Please note: These questions are used as a supplemental screening in the case of a large candidate pool. Marking that you have no experience on a question doesn't necessarily mean you will be screened out of the process.
  • I understand that my response is required as part of the application and may be used to determine who will move forward in the process.

02
Please list which financial software programs you have used.
03
In the above software, list the program you used and the financial tasks you used it for.
04
Do you have any experience with the financial side of grants?
  • Yes
  • No

05
If you answered yes to question 4, please describe what financial tasks you did related to grants. (This is required if you answered yes to question 4.)
06
Do you have any experience in public accounting?
  • Yes
  • No

07
If you answered yes to question 6, please list the public employer, your job title, and accounting duties with that employer. (This is required if you answered yes to question 6.)
08
Please check the tasks you have experience and/or education with. Check all that apply.
  • assisting with the budget preparation
  • assisting with audit, including preparing workpapers or pulling supporting documentation
  • physical inventory counts and reconciling counts to inventory or ledger records
  • preparing journal entries of journal vouchers
  • creating or maintaining purchase orders
  • preparing bills or invoices
  • reconciling general ledger accounts
  • assigning transactions, credits, and debits to the correct general ledger accounts
  • month-end or year-end closing tasks
  • pivot tables
  • Lookup functions such as VLOOKUP, XLOOKUP, or INDEX, and MATCH
  • none of the above

Required Question

What City Of Madison (Wisconsin) employees say

Pay

Benefits

Hours and flexibility

Workplace

Get the full story on Breakroom