Confidential · 20 hours ago
Collection Specialist
Confidential company is seeking a Collection Specialist to manage customer portfolio investigations and oversee the collection of amounts due. The role involves analyzing customer accounts, coordinating with credit analysts, and recommending actions for delinquent accounts.
Marketing & Advertising
Responsibilities
Analyze the assigned customer portfolio and contact customers regarding past due accounts or open account issues
Document communication and customer collection status within the system and coordinate daily with the Credit Analyst to ensure orders get held or released in a timely manner based on the customer status
Coordinate payment plans with customers as necessary to collect debt in avoidance of outside collection or litigation
Recommend the referral of delinquent accounts to collection agencies and or litigation as necessary and or recommend charge-off of bad debt and recoveries for management review
Review, discuss options, and coordinate collection issues with manager, sales management and/ or sales representatives to maintain an open account basis with customers
Investigate and resolve customer disputes and inquiries in a timely matter
Qualification
Required
Bachelor's degree
5+ years of collection experience with a manufacturing/distribution business preferred
Excellent written and verbal communication skills
Problem-solving skills
Knowledge of accounting practices and accounts receivable reconciliation
Advanced computer skills including MS Word, Excel, general ERP systems and the use of outside data sources to gather required information for analysis and reporting
Proven knowledge of accounting principles, practices, standards, laws and regulations