Strategic Credit & Collections Manager

Morgan Distributing, Inc.; Decatur (IL); On-site; USD 65,000 - 85,000; Full time

Job summary

Morgan Distributing, Inc. seeks a Credit & Collections Manager in Decatur, IL to lead end-to-end credit management and collections. The role balances risk mitigation with growth, collaborating with sales and operations to protect cash flow.

The position requires a Bachelor's in a finance-related field and 3–5+ years of credit and collections experience, plus proficiency in ERP systems and Excel. This is a full-time day-shift role offering comprehensive benefits.

Qualifications

• Bachelor's degree in Finance, Accounting, Business Administration, or Economics preferred.
• 3–5+ years of experience in credit risk evaluation, B2B collections, and accounts receivable.
• Medical, Dental and Vision coverage; PTO; 401(k) with matching; HSA; FSA; HRA; Holidays; Life Insurance; Disability; Wellness program.

Responsibilities

• Evaluate customer creditworthiness using credit reports, financial statements, trade references, and banking verification.
• Establish appropriate credit limits, terms, and conditions in line with company risk policies.
• Partner with the sales team to onboard new accounts while mitigating exposure to bad debt.
• Monitor existing customer balances, payment patterns, and financial health to detect elevated risk.
• Perform periodic reviews of credit limits and adjust lines based on risk and history.
• Identify high-risk accounts and implement risk-mitigation tactics (credit holds, prepayments, COD).
• Drive A/R collection efforts via calls, emails, and reminders; reduce DSO and write-offs.
• Resolve billing disputes and payment discrepancies; coordinate with sales/operations.
• Negotiate structured payment plans and oversee escalation when necessary.
• Prepare weekly/monthly aging reports, collection forecasts, and credit-limit tracking.

Skills

Credit risk evaluation

B2B collections

Accounts receivable

ERP systems

Excel

Education

Bachelor's degree in Finance, Accounting, Business Administration, or Economics

Job description

Morgan Distributing, Inc. seeks a Credit & Collections Manager in Decatur, IL to lead end-to-end credit management and collections. The role balances risk mitigation with growth, collaborating with sales and operations to protect cash flow.

The position requires a Bachelor's in a finance-related field and 3–5+ years of credit and collections experience, plus proficiency in ERP systems and Excel. This is a full-time day-shift role offering comprehensive benefits.