Credit and Collection Analyst

3 weeks ago

Princeton, United States ANI Pharmaceuticals, Inc. Full time
About Us
Welcome to ANI Pharmaceuticals, where we are dedicated to improving and enhancing patients' lives through the manufacturing and distribution of high-quality pharmaceutical products.
With a diverse portfolio of generic and branded pharmaceuticals, ANI is a trusted partner for healthcare providers, pharmacists, and patients alike. We understand the importance of accessibility, and our products are available across a wide range of therapeutic areas, contributing to the well-being of communities globally.

Position Overview
As a Credit and Collections Analyst at ANI, you will play a vital role in managing the credit and collections processes for our pharmaceutical business. The ideal candidate will possess a strong background in collections, including resolution of disputed customer deductions. This role requires a detail-oriented professional with excellent communication and negotiation skills. This role will be based in an office in Princeton, N.J., with a 3-day per-week office expectation.

Position Responsibilities
  1. Collections Management:
    • Monitor and manage accounts receivable to ensure the timely payment of invoices.
    • Implement effective collection strategies to reduce outstanding receivables.
    • Collaborate with customers to resolve payment issues and disputes.
  2. Customer Communication:
    • Maintain open and effective communication with customers regarding payment terms and expectations.
    • Collaborate with internal teams to address customer inquiries and resolve disputes.
  3. Claims Analysis and Collection:
    • Review and analyze customer claims, credit issuances, and unauthorized deductions.
    • Initiate and execute the collection process for unauthorized and over deductions made by customers.
  4. Account Reconciliation and Issue Resolution:
    • Reconcile customer accounts, investigating discrepancies and proactively resolving issues.
    • Collaborate with customers to address outstanding invoices and resolve disputed deductions.
  5. Cross-functional Collaboration:
    • Work closely with the sales team and other departments to resolve customer account disputes.
  6. Financial Analysis and Reporting:
    • Provide regular updates to management on the status of outstanding invoices and collections efforts.
  7. Process Improvement:
    • Collaborate with other teams to identify the root cause of process errors within accounts receivable.
    • Propose and implement changes to streamline the accounts receivable process.
  8. Audit Support:
    • Provide support for internal and external audits related to collections and dispute resolution.
Skills
  • Ability to manage multiple projects and competing priorities.
  • Strong ability to work under pressure and meet short deadlines.
  • Advanced MS Excel knowledge (vlookups, pivot tables, etc.).
  • Excellent organizational and multitasking skills with a strong work ethic and emphasis on attention to detail.
  • Ability to work independently while effectively communicating and coordinating work efforts with others.

Education / Experience
  • Minimum 1-2 years of experience in the generic pharmaceuticals industry with a focus on collections and dispute resolution.
  • Bachelor's degree in Business, Finance, or Accounting is required.
Benefits
  • Competitive salary
  • Comprehensive health and wellness benefits
  • Professional development opportunities
  • Collaborative and inclusive work environment
If you are a results-driven professional with a passion for finance and a keen understanding of credit and collections in the pharmaceutical industry, we invite you to apply for this exciting opportunity to contribute to the success of ANI. Please submit your resume and cover letter detailing your relevant experience and achievements.

Company Overview
ANI Pharmaceuticals, Inc. is a diversified bio-pharmaceutical company serving patients in need by developing, manufacturing, and marketing high-quality branded and generic prescription pharmaceutical products. Our team is focused on delivering sustainable growth by building a successful Purified Cortrophin Gel franchise, strengthening our generics business with enhanced development capability, innovation in established brands, and leveraging our North American manufacturing capabilities.

At ANI Pharmaceuticals, there are opportunities to contribute to our purpose every day. We value authenticity, knowledge, and hard work; we strive to celebrate our employees in a positive environment. Our culture empowers everyone to be successful and apply our full potential.

Please note that ANI does not accept search agency or third-party emails, calls, or solicitations.

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