Accounts Receivable and Collections Expert

2 weeks ago


Columbia, Missouri, United States The Columbia Safety & Supply Family of Companies Full time
Credit & Collections Specialists

Department: Accounting

Employment Type: Full Time

Location: Columbia, Missouri

Overview

The Columbia Safety & Supply Family of Companies is a leading provider of essential equipment and expertise across various sectors, particularly focusing on at-height workers and construction.

Position Summary

We are seeking skilled Credit & Collections Specialists to manage daily accounts receivable operations. This role is crucial for safeguarding the company's assets, enhancing cash flow through effective collection strategies, and minimizing bad debt risks. Responsibilities include interpreting financial statements, evaluating customer creditworthiness, setting credit limits, managing liens and bonds, and contributing to the monthly financial closing process.

Key Responsibilities:
  • Develop and implement strategies to optimize cash flow and decrease outstanding receivables.
  • Address disputes promptly, collaborating with sales and customers to find resolutions.
  • Manage significant accounts that require personalized attention, including marginal and problematic accounts.
  • Conduct thorough credit assessments for existing and prospective clients to determine appropriate credit limits.
  • Evaluate new customer credit applications and establish credit terms.
  • Oversee recovery of bad debts by monitoring potential write-offs and pursuing collections, including legal actions when necessary.
  • Track aging accounts closely and determine necessary actions for delinquent accounts.
  • Maintain oversight of the receivables portfolio to enhance cash flow and mitigate bad debt exposure.
  • Ensure adherence to payment terms across the company's receivables portfolio.
Qualifications:
  • Proactive mindset with a strong drive for operational enhancements.
  • Self-motivated individual with excellent communication and negotiation abilities.
  • Ability to work independently and manage time effectively.
  • Detail-oriented with robust analytical skills.
Why Build Your Career With Us:

We pride ourselves on fostering a supportive and collaborative work environment. Our competitive benefits package is designed to enhance the employee experience and promote overall well-being. Benefits include:
  • Health, Vision & Dental Insurance with company contributions.
  • Company HSA Contributions.
  • Optional Insurance Plans: Accident, Short Term Disability, etc.
  • Paid Time Off: Accrues from day one.
  • Volunteer Paid Time Off: Opportunities to give back to the community while being compensated.
  • 401k Matching Options with no Vesting Requirements.
Our diverse team is committed to creating an inclusive workplace where every member can thrive. If you are looking to contribute to a dynamic and growth-oriented team, we invite you to explore this opportunity.

This job description is intended to provide a general overview of the responsibilities and qualifications for this position. Duties and responsibilities may evolve over time.

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