Credit Analyst II

Posted 7 Days Ago
Be an Early Applicant
Lansing, MI
1-3 Years Experience
Biotech • Pharmaceutical
The Role
Manage the credit status of Neogen customer accounts by running credit reports, maintaining credit limits, reviewing credit utilization, preparing accounts receivable reports, obtaining necessary documentation, and updating account Master Data. Work towards balancing process efficiencies with appropriate credit risk.
Summary Generated by Built In

Come Be Part of a Mission that Matters!

Manage the credit status of Neogen customer accounts to balance process efficiencies with appropriate credit risk to Neogen.

Essential Duties and Responsibilities:

  • Running credit reports for new and existing customers, performing OFAC screening to identify potential credit and compliance risks. Escalate as needed.
  • Helping to maintain credit limits for existing customers by
    • identifying customer limits that may be too high or too low.
    • running updated credit data and loading the same into our SAP system
    • applying formulas to develop updated credit limit recommendations.
  • Reviewing reports of credit utilization to identify accounts in need of updated credit limits.
  • Reviewing, preparing, and analyzing accounts receivable reports, including Credit utilization, credit holds on customer orders, average annual billings for a customer or customer group.
  • Obtaining sales tax exemption certificates, W-9s, and bill-to address information.
  • Researching and updating existing account Master Data ensuring Neogen is billing to the correct legal entity, and invoices are delivered to Accounts Payable in accordance with customer’s procedures and preferences.
  • Validating new ship-to requests for existing customers, ensuring OFAC compliance and rejection of duplicate ship-tos.
  • Additional duties as assigned by Supervisor.

Education and Experience

  • High School diploma with related accounting experience

WHO IS NEOGEN:

From farm to fork, we offer solutions to enhance the quality, quantity and safety of the global food supply. Our food safety diagnostics are used within farming operations to the production facilities of most of the world’s best-known food companies. Neogen’s solutions are critical to the health and well-being of our customers’ operations – and in turn their consumers. What we do matters!

Neogen’s culture combines stability with a deep believe in providing professional and personal growth. Our Pillars of Trust – the principles which guide our everyday decision—making, include Openness, Honesty, Credibility, Respect, and Service. It’s the belief in these characteristics that provide a consistent, happy and healthy work environment for our employees.


 

Top Skills

SAP
The Company
HQ: Lansing, MI
1,160 Employees
On-site Workplace
Year Founded: 1982

What We Do

NEOGEN Corporation develops and markets products dedicated to food and animal safety. The company’s Food Safety Division markets dehydrated culture media and diagnostic test kits to detect foodborne bacteria, natural toxins, genetic modifications, food allergens, drug residues, plant diseases and sanitation concerns. NEOGEN’s Animal Safety Division markets a complete line of diagnostics, veterinary instruments, veterinary pharmaceuticals, nutritional supplements, disinfectants and rodenticides.

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