Audit & Collections Analyst

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profile Job Location:

Rockville - USA

profile Monthly Salary: $ 28 - 32
Posted on: 30+ days ago
Vacancies: 1 Vacancy

Job Summary

JOB SUMMARY The Audit & Collections Analyst will ensure that Audit & Collections activities are completed quickly and efficiently per the trust documents for the plans. Most of the issues handled are confidential and require comprehensive knowledge of organizational policies practices procedures and Collective Bargaining Agreements.

PRINCIPAL DUTIES AND RESPONSIBILITIES
Create and mail audit announcement letters; update database and accounting records for tracking
Gather and provide necessary documents for auditors to complete the audit; monitor the status of any incomplete audits that have been assigned
Process completed audits in the database and notify employers of results and any delinquent contributions due
Review auditors invoices for accuracy
Process payments received for audits and delinquencies.
Print and mail delinquency letters
Work with employers responding to delinquency letters and assist in resolving any outstanding issues
Provide administrative support to assist our attorneys with their collection efforts
Ensure that pension overpayments get submitted for payment and track to status
Review progress reports to help identify contractors who are delinquent in filing their Monthly Payroll Reports and address these accounts accordingly
Act as Fund representative when contacting outside parties including attorneys funds administrators and other collection professionals to negotiate for payments and services
Provide follow-up on employer responses negotiate terms & create repayment agreements
Refer delinquencies to attorneys based on established guidelines
Track all accounts that are being handled by legal counsel and update status accordingly
Make recommendations to the Senior Audit & Collections Analyst on any employer overpayments identified
Other duties as assigned
REQUIRED AND PREFERRED KNOWLEDGE SKILLS AND ABILITIES
3 years of experience in a related field preferred
Bachelors degree or equivalent experience preferred
Taft-Hartley Trust Fund or prior auditing experience is preferred
Excellent written and verbal communication skills
Demonstrates ability to manage complex issues while maintaining a flexible positive and cooperative demeanor
Responds promptly to operations leaders and stakeholders to facilitate informed decision-making
Troubleshoots assigned issues gathers evidence and investigates all relevant information with participants vendors and internal departments to resolve the problem in a cooperative and collaborative manner
$28 - $32 an hour

Required Experience:

IC

JOB SUMMARY The Audit & Collections Analyst will ensure that Audit & Collections activities are completed quickly and efficiently per the trust documents for the plans. Most of the issues handled are confidential and require comprehensive knowledge of organizational policies practices procedures an...
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Key Skills

  • Auditing
  • Microsoft Office
  • Communication skills
  • Computer Skills
  • GAAP
  • Accounting
  • Analysis Skills
  • Research Experience
  • Securities Law
  • Training & Development
  • Mentoring
  • GAAS

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