Credit & Collections Administrator
$50k - $60kPhibro Animal Health
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About Phibro Animal Health Corporation
Phibro Animal Health Corporation is a publicly traded, global organization with a rich history in animal health and nutrition as a manufacturer and marketer of medicated feed additives, vaccines, nutritional specialty products, and mineral nutrition. We strive to be a trusted partner with livestock producers, farmers, veterinarians, and consumers who raise or care for farm and companion animals by providing solutions to help them maintain and enhance the health of their animals.
Phibro is a diversified company in manufacturing and marketing products for ethanol performance, microbials for plants, home and industrial applications, and specialty chemicals for various industrial markets. In addition to, Phibro's revenues are in excess of $1 billion and are supported by over 2,400 employees worldwide.
At Phibro, people are our greatest asset. We strive to develop a diverse workforce that fosters an environment where people feel supported in openly sharing their creativity and skills that allows them to be the most successful that they can be.
If you are interested in working for Phibro and feel that you do not meet all qualifications, we encourage you to apply as you might be the right candidate for this role or other positions.
TheCredit & Collections Administratoris an integral part of our Accountingteam based out of our US - Quincy, IL - Office (MNNS)site.
Salary 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
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.
To learn more about Phibro Animal Health's competitive benefits package, please click here: Phibro Benefits
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.
Business Unit:Animal Health & Mineral Nutrition
Division:Animal Health & Nutrition
Department:Accounting
Location:US - Quincy, IL - Office (MNNS)
Work Schedule:Monday - Friday (Standard Work hours)
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