Debt Recovery Specialist

The Debt Recovery Specialist role at Farmers Home Furniture involves overseeing the entire credit management process. This includes evaluating customer creditworthiness, determining approval or decline of credit applications, and ensuring timely payments from customers with delinquent accounts.

Responsibilities:

• Manage daily collections calls to customers with overdue payments
• Conduct thorough credit investigations on potential clients
• Evaluate sales contracts for accuracy and completeness
• Process payments and issue new lines of credit as needed
• Collaborate with other departments to resolve account issues
• Maintain accurate records of customer interactions and payment history

Requirements:

• Bachelor's degree in Business Administration or related field
• 2+ years of experience in debt recovery or credit management
• Strong communication and negotiation skills
• Ability to work in a fast-paced environment and meet deadlines
• Basic knowledge of financial software and systems
• High School Diploma or equivalent

Benefits:

• Paid vacation time and sick leave
• Employee stock ownership plan (ESOP)
• 401(k) plan with employer matching funds
• Group medical, dental, and life insurance
• Ongoing training programs

The estimated salary range for this position is $55,000-$70,000 per year, based on industry standards and market conditions in the region. This figure may vary depending on individual qualifications, experience, and performance.