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The Collections / Accounts Receivable Specialist will manage collection efforts, identify slow-paying customers, and escalate. They will also handle customer account reconciliations, assist in streamlining the accounts receivable process by identifying areas for improvement, and assist in other accounting-related tasks.
Job Responsibility:
Support other finance team members, e.g., posting payments, bookkeeping, preparing bank checks, and ad-hoc projects
Monitor and collect accounts receivable by communicating with clients via email, telephone, and mail
Manage collection efforts, identify slow-paying customers, and escalate
Handle customer account reconciliations, assist in streamlining the accounts receivable process by identifying areas for improvement, and assist in other accounting-related tasks
Send invoices and statements to customers
Assist with accurate reporting of weekly AR, including updated status notes on past due accounts
Assist in creating monthly reports on accounts receivable status and other financial metrics
Assist with bank monitoring
Manage collection efforts, including reporting on outstanding balances
Process credit card payment
Assist with check processing on as needed basis
Maintain accounts receivable records to ensure aging is up to date, credits and collections are applied, uncollectible amounts are accounted for, and miscellaneous differences are cleared
Requirements:
2 years+ of accounts receivable collections
Bachelor’s degree in Business related studies such as Accounting, Finance, or Management
Excellent analytical, organizational, and problem-solving skills
Excellent attention to detail, proficiency in accounting software, experience with Medical collections practices, and the ability to manage a high volume of accounts while prioritizing tasks and meeting deadlines
often requiring a solid understanding of credit and collection laws as well
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