Credit and Collections Specialist

7 days ago

Somerville, United States dancker Full time
Job DescriptionJob DescriptionJob Description | Credit and Collection Specialist
Somerville, NJ

We are seeking an experienced and detail-oriented Credit and Collection Specialist to join our finance team and contribute to the continued success of our organization.

Responsibilities:
Credit Review:
  • Utilize years of expertise in credit risk assessment and management to evaluate customer creditworthiness.
  • Work with other departments to obtain all relevant information and provide updates
Invoicing:
  • Assist with the invoicing process, ensuring accuracy and compliance with company policies.
  • Collaborate with cross-functional teams to address invoicing discrepancies and streamline processes that are identified during the collection process.
Collections:
  • Cultivate and maintain strong relationships with customers, addressing inquiries and resolving issues in a professional and timely manner.
  • Collaborate with Sales and Customer Service teams to enhance the overall customer experience.
  • Consistent follow through communication with customer for payment schedule.
  • Apply payment to invoices from one customer and reconcile any differences.
  • Attend meetings with supervisor to review collection status
Reporting:
  • Generate and present comprehensive reports on accounts receivable status, aging, and in advance deposits.
  • Ad hoc customer analysis of invoice to payment

Qualifications:
  • Bachelor's degree in Finance, Accounting, or a related field but not required
  • 2-5 years of progressive experience in Accounts Receivable, Credit, and Collections,
  • Strong understanding of credit risk assessment, collections strategies, and invoicing processes.
  • Proficient with advanced Excel skills.
  • Knowledge of relevant accounting software (mention specific software if applicable).
  • Exceptional attention to detail and problem-solving skills.
  • Effective communication skills, both written and verbal.

Systems used:
  • Hedberg
  • ACT database

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