Collection Specialist

1 day ago

Seattle, Washington, United States LHH Recruitment Solutions Full time
Accounts Receivable Clerk

We are seeking an experienced Accounts Receivable Clerk to join our team at LHH Recruitment Solutions in Seattle, WA.

About the Role

This is a 6-month contract opportunity that requires strong organizational skills and attention to detail. As an Accounts Receivable Clerk, you will be responsible for managing incoming payments, invoicing customers, and tracking outstanding accounts.

Main Responsibilities
  • Invoice Processing and Payment Collection:
    • Generate and send accurate invoices to customers, ensuring compliance with company policies.
    • Record incoming payments, including checks, ACH, and wire transfers, and apply payments to customer accounts.
    • Monitor aging accounts and contact customers for overdue balances, sending reminders and managing follow-up communications.
  • Account Reconciliation:
    • Reconcile accounts receivable ledger to ensure all payments are accurately recorded and accounted for.
    • Resolve payment discrepancies by working with customers and internal teams to investigate issues.
    • Prepare monthly account statements and other reports for management review.
  • Credit Management:
    • Assess and set up customer credit limits according to company policies, collaborating with the credit team as needed.
    • Monitor and evaluate customer credit risk, recommending adjustments to credit limits as necessary.
    • Assist in processing customer credit applications and maintaining records of credit information.
  • Reporting and Analysis:
    • Prepare and analyze aging reports, providing insights on collection trends and outstanding balances.
    • Provide reports on accounts receivable status and metrics, such as Days Sales Outstanding (DSO), for management.
    • Support month-end and year-end closing processes with accurate AR reporting and reconciliations.
  • Customer Service and Communication:
    • Respond to customer inquiries regarding invoices, account balances, and payment terms.
    • Collaborate with sales and customer service teams to resolve billing issues and improve customer satisfaction.
    • Develop positive relationships with customers to facilitate smooth collection efforts and prompt payments.
    Qualifications
    • Bachelor's degree in Accounting, Finance, or Business Administration preferred, or equivalent experience.
    • At least 2 years of experience in accounts receivable or general accounting, with a focus on collections and credit management.
    • Strong understanding of accounts receivable processes, credit, and collections.
    • Proficiency in accounting software and Microsoft Excel.
    • Excellent communication skills, both written and verbal, with a customer-focused approach.
    • Strong organizational skills with the ability to prioritize and meet deadlines.
    Estimated Salary

$28-30 per hour, depending on experience.

Benefits

LHH Recruitment Solutions offers a comprehensive benefits package, including medical, dental, vision, life insurance, short-term disability, additional voluntary benefits, EAP program, commuter benefits, and a 401K plan.

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