Credit & Collections Administrator
Phibro Animal Health Corp, Quincy, Illinois, United States, 62301
Credit & Collections Administrator
The Credit & Collections Administrator is an integral part of our Finance team based out of our US - Quincy, IL - Office (MNNS) site. Compensation range for this position is $50,000.00 - $60,000.00. Position Purpose
Manage the credit and collections processes to ensure timely payment of outstanding invoices and to minimize financial risk to the organization. This role involves evaluating customer creditworthiness, monitoring accounts receivable, initiating collection activities, and maintaining positive relationships with internal and external stakeholders. Key Responsibilities
Primary hands-on support of the accounts receivable functions within U.S. legal entity businesses. Review and assess credit applications, analyze financial data, and determine appropriate credit limits for new and existing customers. Monitor accounts receivable and track overdue accounts, ensuring prompt follow-up on outstanding payments. Initiate collection efforts through phone calls, emails, and written correspondence to resolve payment issues. Work closely with sales, customer service, and finance teams to resolve disputes and facilitate timely collections. Prepare and distribute regular aging reports and collection status updates to management. Maintain accurate records of credit approvals, payment arrangements, and collection activities in the company's ERP or accounting system. Recommend accounts for escalation, legal action, or write-off in accordance with company policy. Assist with month-end closing and reporting activities related to accounts receivable and collections. Assist with data requests made by outside auditors Support process changes and improvement Key Competencies Required
Technical: Knowledge of relevant credit and collections regulations and best practices. IT
Strong Excel skills
data analysis Word Working experience with an ERP system - JDE experience an advantage
Business: 2+ years of experience in credit, collections, or accounts receivable administration Strong analytical and problem-solving skills with attention to detail Excellent written and verbal communication abilities Demonstrate ability to cultivate internal business relationships to drive cross-functional results Personal: Ability to work independently and collaboratively Strong organizational skills and ability to manage multiple priorities Assertive - Has a personal commitment to ensure success, and the ability to champion process improvement within the businesses Adaptability
moves well to address new situations in business, translates personal feedback into actions to improve and grow Education
Associate's or Bachelor's degree in Accounting, Finance, Business Administration, or a related field preferred. Phibro is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, national origin, gender, age, religion, disability, sexual orientation, gender identity, veteran status, marital status or any other characteristics protected by law.
The Credit & Collections Administrator is an integral part of our Finance team based out of our US - Quincy, IL - Office (MNNS) site. Compensation range for this position is $50,000.00 - $60,000.00. Position Purpose
Manage the credit and collections processes to ensure timely payment of outstanding invoices and to minimize financial risk to the organization. This role involves evaluating customer creditworthiness, monitoring accounts receivable, initiating collection activities, and maintaining positive relationships with internal and external stakeholders. Key Responsibilities
Primary hands-on support of the accounts receivable functions within U.S. legal entity businesses. Review and assess credit applications, analyze financial data, and determine appropriate credit limits for new and existing customers. Monitor accounts receivable and track overdue accounts, ensuring prompt follow-up on outstanding payments. Initiate collection efforts through phone calls, emails, and written correspondence to resolve payment issues. Work closely with sales, customer service, and finance teams to resolve disputes and facilitate timely collections. Prepare and distribute regular aging reports and collection status updates to management. Maintain accurate records of credit approvals, payment arrangements, and collection activities in the company's ERP or accounting system. Recommend accounts for escalation, legal action, or write-off in accordance with company policy. Assist with month-end closing and reporting activities related to accounts receivable and collections. Assist with data requests made by outside auditors Support process changes and improvement Key Competencies Required
Technical: Knowledge of relevant credit and collections regulations and best practices. IT
Strong Excel skills
data analysis Word Working experience with an ERP system - JDE experience an advantage
Business: 2+ years of experience in credit, collections, or accounts receivable administration Strong analytical and problem-solving skills with attention to detail Excellent written and verbal communication abilities Demonstrate ability to cultivate internal business relationships to drive cross-functional results Personal: Ability to work independently and collaboratively Strong organizational skills and ability to manage multiple priorities Assertive - Has a personal commitment to ensure success, and the ability to champion process improvement within the businesses Adaptability
moves well to address new situations in business, translates personal feedback into actions to improve and grow Education
Associate's or Bachelor's degree in Accounting, Finance, Business Administration, or a related field preferred. Phibro is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, national origin, gender, age, religion, disability, sexual orientation, gender identity, veteran status, marital status or any other characteristics protected by law.