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Financial Operations Specialist
2 months ago
Role Summary: The Financial Operations Specialist will oversee the credit management policies and evaluate customer account statuses, focusing on payment processing and collection efforts.
Key Responsibilities:
- Manage and enforce credit hold policies, ensuring compliance with established guidelines.
- Review customer accounts regularly to assess payment history and outstanding balances.
- Handle complex collection cases that require advanced negotiation skills.
- Conduct thorough reviews of customer files to mitigate risk and ensure adherence to audit requirements.
- Provide insights and recommendations regarding the management of bad debts.
- Facilitate the setup of new accounts by analyzing financial data of credit applicants to determine their risk levels.
- Evaluate the creditworthiness of both individuals and corporate entities, making informed decisions on credit applications.
This role is essential in maintaining the financial health of the organization and ensuring effective credit management practices.