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Credit & Collections - Associate

Req ID #:  41057

Wilmington, MA, US, 01887

For 70 years, Charles River employees have worked together to assist in the discovery, development and safe manufacture of new drug therapies. When you join our family, you will have a significant impact on the health and well-being of people across the globe. Whether your background is in life sciences, finance, IT, sales or another area, your skills will play an important role in the work we perform. In return, we’ll help you build a career that you can feel passionate about.

Job Summary

Analyzes credit information to establish customers' credit limits permitting highest profitable sales consistent with reasonably minimum losses. Counsels and negotiates with customers to improve financial controls, suggests sources of working capital, and sets up special credit arrangements and payment schedules. Plans credit restriction and collection tactics for risky, slow pay, and sensitive accounts. May collect outstanding receivables in accordance with terms and conditions of sale.

We are seeking an Accounting Admin for our Credit and Collections team located in Wilmington, MA..

The following are responsibilities related to the Accounting Admin:

  • Perform a variety of duties in the collection of delinquent accounts
  • Utilize telephone, fax and email to contact clients and collect delinquent accounts
  • Investigate and resolve client disputes
  • Maintain Ages Trial Balance and Collection Queue
  • Prepare and mail client statements and invoices
  • Review and evaluate customer credit lines and payment history
  • Recommend credit line changes and credit holds. Monitor and review credit risk clients with management
  • Maintain accurate notes on all accounts
  • Work with divisional finance staff to address client billings and questions


The following are minimum qualifications related to the this position:

  • High school diploma or General Education Degree (G.E.D), with additional college-level finance/accounting course work.
  • Two to four years related experience and/or training
  • An equivalent combination of education and experience may be accepted as satisfactory substitute for the specific education and experience listed above. 


About Corporate Functions

The Corporate Functions provide operational support across Charles River in areas such as Human Resources, Finance, IT, Legal, Sales, Quality Assurance, Marketing, and Corporate Development. They partner with their colleagues across the company to develop and drive strategies and to set global standards. The functions are essential to providing a bridge between strategic vision and operational readiness, to ensure ongoing functional innovation and capability improvement.


About Charles River

Charles River is an early-stage contract research organization (CRO). We have built upon our foundation of laboratory animal medicine and science to develop a diverse portfolio of discovery and safety assessment services, both Good Laboratory Practice (GLP) and non-GLP, to support clients from target identification through preclinical development. Charles River also provides a suite of products and services to support our clients’ clinical laboratory testing needs and manufacturing activities. Utilizing this broad portfolio of products and services enables our clients to create a more flexible drug development model, which reduces their costs, enhances their productivity and effectiveness to increase speed to market.


With over 13,000 employees within 80 facilities in 23 countries around the globe, we are strategically positioned to coordinate worldwide resources and apply multidisciplinary perspectives in resolving our client’s unique challenges.  Our client base includes global pharmaceutical companies, biotechnology companies, government agencies and hospitals and academic institutions around the world.


At Charles River, we are passionate about our role in improving the quality of people’s lives. Our mission, our excellent science and our strong sense of purpose guide us in all that we do, and we approach each day with the knowledge that our work helps to improve the health and well-being of many across the globe. We have proudly supported the development of 80% of the drugs approved by the FDA in 2017.


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Equal Employment Opportunity
Charles River Laboratories, Inc. is an Equal Opportunity Employer M/F/Disabled/Vet

Nearest Major Market: Boston

Job Segment: Biotech, Pharmaceutical, Laboratory, Quality Assurance, Science, Research, Technology