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EDI Collections Specialist
4 months ago
Job Description
EDI Collections Specialist
Job Details
Full Time / Part Time: Full Time
FLSA Classification: Exempt
Business Unit: Corporate
Reports to: Senior Director
Travel Requirement: No
Job Description
An EDI Collections Specialist is a specialized role that combines expertise in Electronic Data Interchange (EDI) systems with the functions of cash collection. This position is vital in organizations that rely on EDI for efficient billing and payment processes.
The essential job functions include, but are not limited to
* EDI Management and Transaction Processing:
* Oversee and manage the EDI transaction process, ensuring the accurate and timely delivery of invoices and receipts.
* Monitor the EDI system for transaction failures or errors and rectify issues promptly.
* Cash Collection and Account Reconciliation:
* Actively follow up on outstanding payments and manage collections in line with company policies.
* Reconcile accounts receivable ledger with EDI transactions to ensure accuracy in billing and payments.
* Client Communication and Service:
* Communicate with clients regarding their accounts, invoices, and payment status.
* Resolve client inquiries related to EDI transactions and provide excellent customer service.
* Reporting and Analysis:
* Generate reports on collections, aging receivables, and EDI transaction statuses.
* Analyze data to identify trends, issues, and opportunities for improving the collection process.
* Compliance and Process Improvement:
* Recommend and implement process improvements to enhance efficiency and accuracy in the EDI cash collection process.
* Collaboration and Team Support:
* Work closely with the finance, IT, and sales teams to optimize the EDI system and collection efforts.
* Provide support and training to team members on EDI transaction handling and collection strategies.
Other duties
Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice.
Requirements
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required:
* Bachelor's degree in Finance, Accounting, Business Administration, or a related field.
* Experience in cash collection and accounts receivable, preferably with EDI systems knowledge.
* Strong understanding of financial processes and EDI standards.
* Excellent communication and interpersonal skills.
* Proficiency in accounting software and MS Office, especially Excel.
* Strong analytical and problem-solving abilities.
Career Path:
* Potential to advance to senior roles in accounts receivable, credit management, or financial operations within the company.
Attributes
* A - Accountability: Take ownership of actions and outcomes.
* C - Continuous Improvement: Embrace the necessity for change and commitment to continual growth and progress.
* T - Teamwork: Encourage and support a collaborative, safe, and engaged work environment.
Compensation Information
Compensation is competitive and commensurate with experience.
Top Tier Benefits
* Medical, dental, vision, coverage in addition to life and disability insurance plans
* Paid Vacation Days and Paid Holidays
* Retirement and Savings (401K) Plan
Physical Demands and Exposures
* This position works inside a climate-controlled environment. The Company will supply adequate training and equipment to perform the functions of the job.
* Monday - Friday, 8am-5pm.
* Involves sitting at a desk for extended periods of time.
* Needs high degree of concentration in a busy area.
* Ability to lift up to 25lbs.
Affirmative Action/EEO statement
Select is an equal opportunity employer. It is Select's policy to prohibit discrimination and harassment of any type and to afford equal employment opportunities to employees and applicants without regard to any protected class, status, characteristic, or activity. All employment decisions, including decisions regarding recruitment, selection, hiring, compensation, benefits, training, advancement, discipline, discharge, and other terms, conditions, and privileges of employment are made without regard to any lawfully protected class, status, characteristic, or activity.
Clean Air Act
Select requires all employees whose jobs may involve environmental compliance to understand and comply with the U.S. Environmental Protections Agency's Clean Air Act that regulates air emissions from stationary and mobile sources. A copy of the Clean Air Act can be provided to you upon request from Human Resources.
Select Water Solutions participates in E-Verify and will provide the federal government with your Form I-9 information to confirm that you are authorized to work in the U.S. If E-Verify cannot confirm that you are authorized to work, Select is required to give you written instructions and an opportunity to contact Department of Homeland Security (DHS) or Social Security Administration (SSA) so you can begin to resolve the issue before the employer can take any action against you, including terminating your employment. Select only uses E-Verify once you have accepted a job offer and completed the Form I-9.
Thank you for your application.