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Accounting Specialist - Credit Approvals

Schaeffer Mfg. Company
St Louis, MO Full Time
POSTED ON 4/15/2026 CLOSED ON 5/11/2026

What are the responsibilities and job description for the Accounting Specialist - Credit Approvals position at Schaeffer Mfg. Company?

Why Work Here?

  • Work for a Family-Owned Company-Be a NAME not a number!
  • Made in the USA products
  • Highly Competitive Benefits including bonuses, profit share, medical coverage, 401(k) 6% match
  • Career Advancement Opportunities
  • Oldest Lubricant Manufacturer in the country-Founded in 1839

Job Summary:

As an Accounting Associate – Credit Approvals, you will approve and update customer credit limits as well as perform accounts receivable duties.


Responsibilities:


Credit Approval

  • Set and update customer credit limits
  • Release orders based on credit limits
  • Verify bank funds for orders exceeding limits
  • Process lube equipment orders

Payment Processing

  • Handle checks received at the Home Office
  • Process credit card payments
  • Reverse ACH and check‑by‑phone/email payments

Customer Account Maintenance

  • Manage account acquisitions
  • Correct customer orders
  • Maintain general account information

Payment Receipt Processing & Support

  • Handle customer inquiries and payment calls
  • Resolve invoicing and payment disputes with customers and Sales Reps
  • Analyze and resolve payment discrepancies
  • Process journal entries and reconcile accounts
  • Maintain accounts receivable documentation


Qualifications:

  • 1 year office experience, Accounts Receivable and/or credit approval experience preferred, AA/BS degree in accounting preferred, or a combination of relevant experience and education
  • Proficiency in MS Office: Outlook, Teams, Word, Excel, PowerPoint
  • Administrative skills: organization, prioritization, and customer service
  • Ability to maintain confidentiality
  • Critical thinking and discernment skills


Physical Demands and Working Environment:

Perform job duties in a newly renovated office environment.


About Schaeffer Oil:

Founded in 1839, Schaeffer Manufacturing is North America’s oldest oil, grease, lubricant, fuel additive, crop enhancement and surfactant manufacturer. We exist to provide world-class product performance and durability for our customers while putting money back into their pockets.

Schaeffer Manufacturing provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, national origin, age, disability, or genetic identity or any other status protected by law.

Salary : $43,000 - $46,000

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