AR Credit & Collections Specialist

Glen Rock, PA - USA

Monthly Salary: Not Disclosed

Posted on: 5 hours ago

Vacancies: 1 Vacancy

Job Summary

Position: AR Credit & Collections Specialist

Work Location: GLEN ROCK NJ

Salary: $45000-$58000/year

Duration: Full-time

Shift: General Shift

Job Description:

secures revenue by ensuring credit lines and limits are set accurately and continuously building relationships with customers to reduce DSO (Days Sales Outstanding) and open past due receivables via collection efforts.

Key Responsibilities

Ensures customer payments are received withing agreed terms by communicating aging via email and portals
Identifies delinquent accounts early in the receivables cycle and ensure all terms and agreements
Verifies validity of account discrepancies by obtaining and investigating information from sales trade promotions customer service departments and from customers
Resolves collections by examining customer payment plans payment history credit line coordinating contact with collections department
Enter and maintain record of RTVs (Return To Vendor) and Credits posted
Releases orders within established thresholds and escalates discrepancies to senior management
Reviews customer credit worthiness and make recommendations on credit limits
Prepares exposure reports for hold/release purposes as needed
Periodically analyzes credit lines and limits according to customer activity (i.e.; Quarterly Yearly)
Summarizes receivables by maintaining invoice accounts; coordinating monthly transfer to accounts receivable account; verifying totals; preparing report
Forecast future delinquency by analyzing payment trends and credit usage
Protects organizations value by keeping information confidential
Updates job knowledge by participating in educational opportunities
Accomplishes accounting and organization mission by completing related results as needed

Qualifications:

Strong analytical skills with a focus on details and accuracy
Maintain flexibility in a fast paced environment and continuously evolve to meet changing business needs
A quick learner with a strong professional curiosity and exceptional critical thinking and problem-solving skills
Professional demeanor with excellent interpersonal and communication skills
Ability to work in a multi-tasking environment and display strong organizational time management and project management skills
Highly self motivated with the ability to remain focused and work with limited supervision perform well under pressure manage multiple tasks and successfully meet deadlines
Ability to work both independently and as part of a team

Education And Experience

Associate degree in accounting or related experience equivalent
1-3 year of related experience required
Experience in handling major retail accounts such as Wal-Mart Amazon and Home Depot a plus
Understanding of compliance EDI supply chain import orders / invoices
Strong technology skills with experience with Excel and ERP systems
Knowledge of Generally Accepted Accounting Principles
Knowledge of ERP systems specifically NetSuite (not required)

Position: AR Credit & Collections Specialist Work Location: GLEN ROCK NJ Salary: $45000-$58000/year Duration: Full-time Shift: General Shift Job Description: secures revenue by ensuring credit lines and limits are set accurately and continuously building relationships with customers to reduce D...