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Basic Purpose: What is the overall function of the job?
Manage customer accounts and collect money owed. Minimize bad debt write-offs and ensure adherence to the company credit management policy. This in turn will maximize cash flow and profitability for the organization.
Key Accountability/Responsibilities: What specifically is this job expected to accomplish?
Establish and maintain friendly, effective, and cooperative working relationships with customers in your assigned portfolio
Make collection calls, send e-mails, and send statements of account to customers
Escalate overdue accounts as necessary to Collections Manager, Operations, and/or Operations Management, and assist in development of payment strategies and agreements
Provide customer service while addressing collection issues, facilitating customer refunds, and account adjustments, and working with operations teams to resolve client discrepancies and short payments
Reduce DSO
Participate in monthly meetings with Operations and Collections Manager to review overdue/problem accounts and develop action items around these accounts
If required, perform credit checks for new accounts, and establish credit limits for customers
Reconcile customer accounts - Obtain payment remittances to inform the cash application team of which invoices to clear, and research unapplied cash amounts for cash application team to apply to invoices
Work with operations to process offsetting entries to clear credits with invoices
Perform other assigned tasks and duties necessary to support the collection department goals and initiatives
Skills and Knowledge: What skills and knowledge are used to carry out job responsibilities and solve problems?
5+ years business-to-business collections experience
Excellent verbal and written communication skills is a MUST
Computer literate, MS Office, including intermediate Excel knowledge (subtotals, functions, pivot tables, etc.)
Team player with strong interpersonal skills and a good listener
Good organization skills and ability to work independently
Good judgment and analytical skills
Commitment to excellent customer service
Credit management course from accredited institute will be considered an asset
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