Credit and Accounts Receivable Specialist
4 days ago
Credit and Collections Specialist
LHH Recruitment Solutions is seeking a skilled Credit and Collections Specialist to join our team in Cincinnati, Ohio. As a key member of our team, you will be responsible for managing and maintaining our accounts receivable portfolio, ensuring timely collections of outstanding invoices, and assessing credit risk of potential and existing customers.
Responsibilities- Monitor customer account details for non-payments, delayed payments, and other irregularities.
- Research and resolve payment discrepancies and negotiate payment plans with delinquent accounts.
- Assess and analyze the creditworthiness of new customers using credit scoring models.
- Maintain accurate records of all collection activity and correspondence in the customer database.
- Generate aging reports and inform management of potential write-offs and bad debt risks.
- Collaborate with the sales and customer service departments to resolve billing issues.
- Ensure compliance with the company's credit and collections policies and procedures.
- Initiate legal or third-party actions for recovery of outstanding debts, if necessary.
- Proven experience in credit and collections, with a strong understanding of credit laws and regulations.
- Excellent communication, negotiation, and problem-solving skills.
- Proficiency in accounting software and Microsoft Office Suite.
- Detail-oriented with an ability to work independently and prioritize tasks.
- MUST have intermediate Microsoft Excel skills.
Compensation: $20.00 to $24.00 per hour
Benefits: Medical, dental, vision, life insurance, short-term disability, additional voluntary benefits, EAP program, commuter benefits, and a 401K plan.
Equal Opportunity Employer: LHH Recruitment Solutions is an equal opportunity employer and welcomes applications from diverse candidates.
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