Credit and Collections Specialist

1 month ago

Richmond, United States Vaco Full time
Let Vaco serve as your advocate, presenting you to our top clients looking for accounting professionals. Our clients have an immediate need for a Collections Specialist in RVA.

Vaco provides expert consulting, permanent placement, executive search, and strategic staffing for companies around the world, in accounting, finance, operations, administration, and more. Vaco is a premier talent solutions firm that connects people to their dream jobs and helps leading companies find talent to grow their businesses.

Daily Task:
  • Review and apply payment data to customer accounts.
  • Request and pursue payment on delinquent accounts through communication with account holders.
  • Maintain a log of payment promises and account details; schedule follow-up communications.
  • Process and review credit applications, including validating references.
  • Prepare recommendations and determine credit limits based on payment history and established guidelines.
  • Consult with supervisors for credit requests exceeding guidelines.
  • Review daily transactions and update account statuses according to guidelines.
  • Monitor accounts receivable and cash receipt reports.
  • Reconcile accounts receivable between sub-ledger and general ledger.
  • Conduct bad debt analysis.
  • Administer billing and reporting activities to meet deadlines.
  • Create daily and monthly journal entries.
  • Handle customer setup and communicate with banks regarding new accounts/authorizations.
  • Prepare weekly cash forecasts for managed customers.
  • Assist the accounting team during year-end activities.

Vaco values a diverse workplace and strongly encourages women, people of color, LGBTQ+ individuals, people with disabilities, members of ethnic minorities, foreign-born residents, and veterans to apply.

EEO Notice

Vaco is an Equal Opportunity Employer and does not discriminate against any employee or applicant for employment because of race (including but not limited to traits historically associated with race such as hair texture and hair style), color, sex (includes pregnancy or related conditions), religion or creed, national origin, citizenship, age, disability, status as a veteran, union membership, ethnicity, gender, gender identity, gender expression, sexual orientation, marital status, political affiliation, or any other protected characteristics as required by federal, state or local law.

Vaco LLC and its parents, affiliates, and subsidiaries are committed to the full inclusion of all qualified individuals. As part of this commitment, Vaco LLC and its parents, affiliates, and subsidiaries will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact HR@vaco.com .

Vaco also wants all applicants to know their rights that workplace discrimination is illegal.

By submitting to this position, you agree that you will be giving Vaco the exclusive right to present your as a candidate for the foregoing employment opportunity. You further agree that you have represented information about yourself accurately and have not affirmatively misrepresented your qualifications. You also agree to maintain as confidential, to the fullest extent permitted by law, any information you learn from Vaco about the position and you will limit disclosure of information about the position only to the extent necessary to perform any obligations in furtherance of your application. In exchange, Vaco agrees to exercise reasonable efforts to represent you through all solicitation, job screening and resume dispersal.

Privacy Notice

Vaco LLC and its parents, affiliates, and subsidiaries (“we,” “our,” or “Vaco”) respects your privacy and are committed to providing transparent notice of our policies.

  • California residents may access Vaco’s HR Notice at Collection for California Applicants and Employees here.
  • Virginia residents may access our state specific policies here.
  • Residents of all other states may access our policies here.
  • Canadian residents may access our policies in English here and in French here.
  • Residents of countries governed by GDPR may access our policies here.
Pay Transparency Notice

Determining compensation for this role (and others) at Vaco depends upon a wide array of factors including but not limited to:

  • the individual’s skill sets, experience and training;
  • licensure and certification requirements;
  • office location and other geographic considerations;
  • other business and organizational needs.

With that said, as required by local law, Vaco believes that the following salary range referenced above reasonably estimates the base compensation for an individual hired into this position in geographies that require salary range disclosure. The individual may also be eligible for discretionary bonuses.

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