Credit Manager

Morris & Dickson Co. is a leading pharmaceutical distribution company with a longstanding commitment to excellence in service and reliability. With more than 180 years of service, we combine the stability of a legacy business with the energy of a rapidly growing organization. About The Role We’re looking for a detail-driven and proactive Credit Manager to join our accounting team and lead the credit function across customer onboarding, risk evaluation, promissory note management, and collections escalation. In this high-trust role, you’ll play a critical part in protecting our financial position while partnering with Sales, Accounts Receivable, Legal, and Finance to enable responsible growth. This role is ideal for someone who thrives in a fast-paced, compliance-focused environment, brings strong credit acumen, and enjoys improving processes and building sustainable credit programs. What You'll Do LEAD CREDIT RISK OVERSIGHT: Evaluate new and existing customers to determine appropriate credit limits and payment terms. ANALYZE FINANCIAL STATEMENTS: Analyze financial statements, credit reports, and trade references to assess risk. APPROVE CREDIT APPLICATIONS: Approve credit applications and ensure terms are documented and maintained by the policy. PARTNER WITH SALES: Partner with Sales to balance customer experience with prudent risk management. DRIVE CUSTOMER ONBOARDING ACCURACY: Own the credit-related portion of customer onboarding, including review of financial documentation. ENSURE TIMELY SETUP: Ensure timely, accurate setup of new accounts in collaboration with AR and Sales. CONFIRM CREDIT DOCUMENTATION: Confirm credit documentation complies with internal policy and external requirements. MANAGE STRUCTURED CREDIT AGREEMENTS: Draft and negotiate promissory notes and extended payment plans for approved customers. COORDINATE WITH LEGAL: Coordinate with Legal and internal stakeholders to finalize agreements. MONITOR AGREEMENT PERFORMANCE: Monitor agreement performance, escalate issues, and follow up on overdue obligations. SUPPORT COLLECTIONS AND RISK MITIGATION: Provide guidance on collections strategy for escalated or delinquent accounts. PARTNER WITH AR: Partner with AR to resolve disputes and initiate legal action when appropriate. MONITOR PAYMENT BEHAVIOR: Monitor payment behavior trends and proactively identify emerging risks. REPORTING & INSIGHT: Prepare and maintain aging reports, credit exposure summaries, and bad debt forecasts. PROVIDE CREDIT RISK INSIGHTS: Provide credit risk insights to inform financial planning and business development strategies. PARTNER WITH ACCOUNTING: Partner with Accounting to validate reserves for doubtful accounts. PROCESS IMPROVEMENT & COMPLIANCE: Identify and recommend opportunities to improve efficiency through automation and better tools. ENSURE COMPLIANCE: Ensure credit practices are compliant with applicable laws and audit standards. PARTNER CROSS-FUNCTIONALLY: Partner cross-functionally to create scalable, sustainable processes. What Success Looks Like Credit decisions are timely, well-documented, and aligned with company policy. Promissory notes and payment agreements are structured clearly and monitored proactively. Risk exposure is minimized through thoughtful credit terms and early intervention. Internal stakeholders see the credit process as a collaborative, solution-oriented function. Credit operations are efficient, auditable, and ready to scale with business growth. What You'll Need To Succeed Bachelor’s degree in finance, accounting, or related fields. 7+ years in credit, collections, or financial risk roles. Strong understanding of credit reporting tools, financial analysis, and risk evaluation. Experience negotiating/managing promissory notes or structured payment plans. Excellent communication skills across technical and commercial teams. Proficiency with ERP systems and financial reporting tools (Excel, Power BI, Tableau, etc.). Industry experience in healthcare, pharmaceutical, or wholesale distribution strongly preferred. NACM certification (CBA, CBF) is a plus. Comprehensive Benefits Medical, Dental, and Vision Insurance HRA, HSA, and FSA reimbursement accounts Basic & Voluntary Life Insurance Short & Long-term Disability Insurance Paid Time Off Paid Holidays Fitness Program Reimbursement Employee Assistance Program 401K Savings Plan with a company match Why Join Us At Morris & Dickson, we take pride in delivering critical medications to the communities that need them. As one of the largest independent pharmaceutical distributors in the country, we operate with precision, urgency, and care. Our finance team plays a vital role in protecting the health of our business so we can continue to protect the health of others.

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