Credit & Collections Manager

Job Description

Job Description

Credit & Collections Manager

AEG Petroleum LLC, based in Amarillo, TX, is a growing family owned and operated petroleum distributor. We are looking for a highly motivated Credit & Collections Manager to join our Amarillo team and contribute to our continued success. Our commitment to customer service, reliability, and safety has set us apart serving the agriculture, oil field, industrial, fleet and government accounts throughout the tri state area and beyond.

Job Summary:

AEG Petroleum is looking for an experienced Credit & Collections Manager to oversee the company’s credit and collections process while helping maintain strong customer relationships. This role is responsible for managing accounts receivable risk, overseeing collection efforts, reviewing customer credit, and helping ensure invoices are collected accurately and on time. The ideal candidate is organized, proactive, and comfortable balancing customer service with firm but professional collections management. This position works closely with accounting, sales, operations, and leadership teams to support healthy cash flow and continued company growth.

Key Responsibilities:

• Oversee the company’s credit and collections processes.
• Review and approve new customer accounts and credit applications.
• Evaluate customer creditworthiness and recommend credit limits and payment terms.
• Monitor delinquent accounts and lead collection efforts to reduce aging balances.
• Assist with escalated collection issues and customer account concerns.
• Conduct account research, reconciliations, and aging analysis as needed.
• Prepare and maintain AR and collections reports for management review.
• Work closely with sales and operations teams regarding customer account status and credit concerns.
• Communicate changes in customer credit status to management and sales personnel.
• Resolve customer billing issues, short pays, deductions, and disputes in a timely manner.
• Ensure customer statements and collection communications are sent timely and accurately.
• Manage and resolve incoming customer requests related to references, billing issues, and account discrepancies.
• Lead AR review meetings with appropriate management team.
• Identify opportunities to improve collections processes, reporting, and internal controls.
• Assist with month-end close activities, audits, and financial reporting related to accounts receivable.
• Support and mentor accounting or collections team members when needed.

Qualifications:

• Bachelor’s degree in Accounting, Finance, Business Administration, or related field preferred.
• 5+ years of experience in commercial credit, collections, accounts receivable, or related accounting roles preferred.
• Previous leadership or supervisory experience is a plus.
• Strong understanding of commercial credit and collections practices.
• Excellent communication, customer service, and problem-solving skills.
• Strong organizational skills with the ability to manage multiple priorities in a fast-paced environment.
• Advanced Microsoft Excel skills required, including pivot tables and reporting functions.
• Detail-oriented with strong analytical and decision-making abilities.
• Self-motivated, dependable, and able to work independently while collaborating with a team.
• Experience with ERP/accounting systems preferred.

Benefits:

·         401(k) and matching

·         Health, Dental, Vision and Life Insurance

·         Paid time off

Company Description

AEG Petroleum, LLC based in Amarillo, Texas, is a family owned and operated petroleum distributor. Our commitment to customer service, reliability, and safety has set us apart. AEG Petroleum, LLC serves agriculture, oil field, industrial, fleet, and government accounts throughout the tri-state area and beyond. We pride ourselves on supplying advanced petroleum products while continuing to value customer relationships.

Company Description

AEG Petroleum, LLC based in Amarillo, Texas, is a family owned and operated petroleum distributor. Our commitment to customer service, reliability, and safety has set us apart. AEG Petroleum, LLC serves agriculture, oil field, industrial, fleet, and government accounts throughout the tri-state area and beyond. We pride ourselves on supplying advanced petroleum products while continuing to value customer relationships.