Credit and Collections Specialist

Controller
Lincolnshire, IL

Job Description

Job Description

Credit and Collections Specialist - Lincolnshire, IL
Salary: $60,000–$68,000 Annually
Work Environment: 100% In-Office

We’re a leading distributor of high-performance machine parts and industrial tools serving manufacturers, fabricators, and repair shops across North America. As we continue to grow, we’re looking for a skilled Credit and Collections Specialist to help us maintain strong financial health by managing credit risk, collecting receivables, and building solid relationships with our customers.

In this role, you’ll take ownership of a customer portfolio, evaluate creditworthiness, and ensure timely payments all while supporting the fast-paced operations of a supply chain-driven business. If you thrive in a hands-on, team-oriented environment and enjoy balancing financial analysis with customer interaction, this is a great opportunity to make an impact.

What You’ll Do
  • Perform credit checks using various sources and sound judgment
  • Recommend or assign credit limits based on customer risk profiles
  • Manage tools such as letters of credit and understand lien documentation
  • Maintain accurate customer information in SAP
  • Support credit setup for new customers in coordination with sales and service
  • Analyze payment history and financials to recommend credit lines and release holds
  • Oversee a portfolio of accounts across the U.S. and Canada
  • Monitor aging reports and initiate follow-ups for overdue accounts
  • Log disputes and collection activities in SAP
  • Collaborate with internal teams to resolve billing or payment discrepancies
  • Track and manage customer payment promises and follow up accordingly
  • Prepare accounts for third-party collections when necessary
  • Proactively communicate with customers to resolve issues and improve payment behavior
  • Provide regular updates to internal teams on AR status
  • Handle other tasks as assigned

What You Bring

  • Bachelor's degree in Finance, Accounting, or related field preferred – or equivalent experience
  • 1+ years of experience in credit analysis/collections/AR
  • Solid understanding of AR processes, credit risk, and dispute resolution
  • Strong communication and negotiation skills
  • Ability to work independently and cross-functionally with other departments

Why Join Us?
We’re a company that thrives on momentum, creative thinking, and a strong team culture. We believe our people are our biggest asset and that collaboration is key to delivering results. Here, your work won’t get lost in layers of red tape—you’ll see the direct impact of what you do, every day.

Posted 2025-09-26

Recommended Jobs

Carrier Sales Representative

Allen Lund Company, LLC
Downers Grove, IL

APPLICANTS MUST LIVE WITHIN A 30-MINUTE COMMUTE OF DOWNERS GROVE TO BE CONSIDERED Our Story  With $1,000 in his pocket, Allen Lund made the brave decision to start his own transportation brokera…

View Details
Posted 2025-07-30

Attorney - Senior eDiscovery 62904

R.L. Barclay & Associates
Chicago, IL

Our client, a growing national law firm, is looking for an experienced Senior Discovery Attorney with 5 to 7 years of experience to join their team. Candidates should have experience advising and sup…

View Details
Posted 2025-09-07

Medical Front Office Coordinator-Hoffman Estates

WSA Americas
Hoffman Estates, IL

WSAudiology is a global leader in the hearing aid industry. Together with our 12,000 colleagues in 130 countries, we invite you to help unlock human potential by bringing back hearing for millions of…

View Details
Posted 2025-09-29

Engineering & Quality - Software Engineer, Associate Director

Fitch Group
Chicago, IL

Fitch Tec hnology is currently seeking a QA Engineer based out of our Chicago office.  About Fitch Group: As a leading, global financial information services provider, Fitch Group delivers vital c…

View Details
Posted 2025-08-22

Pulmonary Function Technologist

Carle Health
Urbana, IL

Overview: The Pulmonary Function Technologist performs a full range of pulmonary function diagnostic testing using a variety of equipment modalities. Assesses and instructs patient in correct procedur…

View Details
Posted 2025-09-29

Cultivation Specialist

Verano
Albion, IL

Job Summary Full-time, Mon-Fr, first shift, $16/hour.   The Cultivation Specialist provides on-site support to multiple gardens within a cannabis cultivation facility. As a Cultivation Special…

View Details
Posted 2025-09-16

Appointment Setter/ Telemarketer

Jan-Pro of Northern Illinois
Burr Ridge, IL

Jan-Pro is the #1 Commercial Cleaning Franchise and #4 Fastest Growing Franchise as reported in Entrepreneur Magazine rankings. Jan-Pro of Northern Illinois is looking to hire a Telemarketing/Appointm…

View Details
Posted 2025-09-03

Territory Manager

Gallin Associates
Peoria, IL

This sales position will provide various types of industrial hardware directly to customers within a defined geographic territory through cold-calling and prospecting activities.  Must reside within …

View Details
Posted 2025-09-29

Workforce Development Specialist | Job Developer

Commonpoint Queens
Elmhurst, IL

Job Title: Workforce Development Specialist | Job Developer, Full Time Dept: Adult Workforce Development | Location: The Jack and Shirley Silver Hub, Commonpoint Agency Overview: Commonpoint…

View Details
Posted 2025-08-15

Caregiver/CNA

Village Caregiving - Marion, IL
Benton, IL

Caregiver/CNA Benton, IL Looking for a job you enjoy with flexible hours that work with YOUR busy schedule? Maybe you are looking for a part time job that works around YOUR other jobs. Vi…

View Details
Posted 2025-08-15