Credit and Collections Intern

Primary

Purpose:

Credit & Collections is responsible for managing accounts receivable, evaluating customer creditworthiness, and ensuring timely collection of outstanding balances. This role supports financial accuracy, cash flow management, and risk mitigation by maintaining strong internal controls and fostering positive customer relationships. The position works closely with sales, customer service, and finance teams to ensure efficient billing and collection processes.

Responsibilities:

Monitor and manage aging reports to ensure timely collection of outstanding invoices

Initiate and follow up on collection activities via phone, email, and written correspondence

Resolve billing discrepancies and disputes in collaboration with internal departments

Maintain accurate records of collection efforts and customer communications

Recommend accounts for escalation, including third-party collections or write-offs Evaluate customer credit applications and financial statements to determine creditworthiness

Establish and review credit limits in accordance with company policies

Monitor customer accounts for risk indicators and recommend credit holds when necessary

Perform periodic credit reviews and maintain compliance with internal credit policies

Prepare and post journal entries related to accounts receivable and bad debt reserves

Reconcile AR subledger to the general ledger and resolve discrepancies

Assist with month-end and year-end closing processes

Support financial reporting by providing AR and collections data and analysis

Ensure proper accounting treatment in accordance with GAAPIdentify opportunities to improve billing, credit, and collections processes

Ensure compliance with company policies, internal controls, and applicable regulations

Assist with internal and external audits by providing documentation and support

Maintain confidentiality of financial and customer information

Education, Qualities and

Skills Required:

Bachelor’s degree in accounting, Finance, or related field required2–5 years of accounting experience, with a focus on accounts receivable and collections preferred

Experience in credit analysis and risk assessment is highly desirable

Strong understanding of GAAP and accounts receivable principles

Proficiency in ERP systems (e.g., SAP, Oracle, Net Suite) and Microsoft Excel Excellent analytical, problem-solving, and organizational skills

Strong communication and negotiation skills

Ability to manage multiple priorities and meet deadlines

High level of accuracy and attention to detail

Supervisory Responsibility:

No direct supervision required.

Work Environment:

Typical office working environment which includes a workstation equipped with a computer and other office supplies necessary for daily tasks. Typically climate-controlled to provide a comfortable working temperature year-round. Lighting is usually a mix of natural and artificial sources to ensure sufficient illumination.

Position Type/Expected Hours of Work:

This is a part-time hourly position, and hours of work and days are Monday through Friday. Expectations 30 hours per week, to be worked during normal business hours.

Physical Requirements:

The physical requirements for an office environment typically include:
1. Sitting:
Prolonged periods of sitting at a desk or workstation.
2. Typing:
Frequent use of hands to type on a keyboard and operate a computer mouse.
3. Visual Requirements:
Extended periods of viewing a computer screen and reading printed or digital documents.
4. Mobility:
Occasional walking or standing, including moving between different areas of the office.
5. Manual Dexterity:
The ability to handle office equipment, such as phones, printers, and copiers, and to file documents.
6. Communication:
Clear verbal and written communication skills for interacting with colleagues, clients, and vendors.
7. Lifting:
Occasionally lifting and carrying light objects, typically up to 20 pounds, such as files, documents, or office supplies.
8. Reaching and Bending:
Reaching above shoulder height and bending to access files and office supplies.
9. Hearing:
Adequate hearing ability to participate in meetings and teleconferences.

These requirements ensure that employees can perform their duties effectively and safely within an office setting. Reasonable accommodations may be made to enable individuals with disabilities to perform these essential functions.

Compensation and Benefits:

The budgeted salary range for this position is $20-$23.Salary range is based on consideration of required qualifications, experience, education, skill, training, certifications or seniority, etc. Schuman Cheese reserves the right to offer the selected candidate or applicant an hourly rate or salary at an appropriate level to be set and determined by Schuman Cheese that is commensurate with the applicant’s qualifications, experience, education, skill, training, certifications or seniority.

We are unable to sponsor or take over sponsorship of an employment visa at this time.

Schuman Cheese does not accept…