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Credit and Collections Specialist
3 months ago
Join Vaco as your career partner, introducing you to our valued clients searching for accounting professionals.Our clients are actively seeking a Collections Specialist in RVA.
Vaco offers expert consulting, permanent placement, executive search, and strategic staffing services worldwide for various fields such as accounting, finance, operations, and more. At Vaco, we are dedicated to connecting individuals with their ideal roles and assisting top companies in discovering talent to enhance their operations.
Responsibilities:
- Apply payment data accurately to customer accounts
- Efficiently pursue payment on overdue accounts through communication with clients
- Maintain a detailed log of payment commitments and account specifics; organize follow-up interactions
- Evaluate and validate credit applications, including verifying references
- Provide recommendations and establish credit limits based on payment record and set standards
- Consult with managers for credit requests exceeding defined limits
- Regularly review transactions and update account statuses according to set guidelines
- Monitor accounts receivable and cash receipt reports proactively
- Conduct thorough analysis of bad debts
- Handle billing and reporting duties efficiently to meet set deadlines
- Generate daily and monthly journal entries
- Manage customer setups and liaise with financial institutions regarding new accounts/approvals
- Prepare weekly cash forecasts for managed clients
- Provide support to the accounting team during year-end processes
Vaco places great value on diversity in the workplace and actively encourages applications from individuals of various backgrounds, including women, people of color, LGBTQ+ individuals, persons with disabilities, ethnic minorities, immigrants, and veterans.
EEO NoticeVaco is an Equal Opportunity Employer and is committed to fair treatment of all applicants and employees, irrespective of race, color, gender, religion, national origin, age, disability, veteran status, or any other protected status as mandated by law.
Privacy and AccommodationsVaco LLC and its associated entities are dedicated to providing full inclusion and ensuring reasonable accommodations for individuals with disabilities. Applicants are assured that workplace discrimination is prohibited by law.
Respecting Privacy and Fair CompensationAt Vaco, transparency is key to determining compensation which is influenced by various factors such as skills, experience, certifications, office location, and organizational needs. Rest assured, Vaco provides competitive compensation packages, aligned with legal requirements and offers potential for discretionary bonuses.
