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1 Collection specialist Job in Albany, IN

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Brook & Whittle LTD
Albany, IN | Full Time
$39k-50k (estimate)
1 Week Ago
Collection specialist
$39k-50k (estimate)
Full Time 1 Week Ago
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Brook & Whittle LTD is Hiring a Collection specialist Near Albany, IN

Description

Under general supervision and guidance compiles information pertaining to the determination of the credit status of current and prospective customers and coordinates the collection of delinquent accounts in a timely and accurate manner in accordance with well-defined procedures.

The actual credit approval authority rests at a higher level.

Primary Duties and Responsibilities

These are functions a qualified incumbent or applicant must be able to perform with or without reasonable accommodation.

  • Reviews status of delinquent accounts and initiates collection action. Notifies parties involved and prepares correspondence.
  • Maintains records on credit risk, delinquent accounts and incomplete files and updates account information.
  • Reviews credit files and customer applications for completion.
  • Obtains information from credit organizations, banks and loan associations.
  • Provide resolution of issues related to billing inquiries, and disputes
  • Performs basic clerical duties.
  • Post daily cash receipts and investigate discrepancies.
  • Performs other duties as assigned.

Requirements

Job Requirements

  • Requires technical knowledge, training and understanding of a job’s requirements. Typically possesses 3 to 5 years of relevant work experience.
  • Generally, performs single function tasks that tend to be of moderate size and scope.
  • Ability to read and comprehend simple instructions. Ability to read, interpret and create simple correspondence and memos.

Ability to effectively present information one-on-one and in small group situations.

  • Understanding of basic accounting principles including accounts receivables, invoicing, credits, debits, chargebacks and credit terms
  • Proficient knowledge of MS Outlook, MS Word, and MS Excel
  • Ability to navigate multiple ERP Applications / operating systems, PeopleSoft experience preferred
  • Ability to work effectively in a remote, home-based office environment

Contacts

This position requires contact with employees at all levels, outside vendors, and customers.

Physical Requirements and Environmental Conditions

Environment is typically general office, though the incumbent may spend short periods in the manufacturing environments with exposure including but not limited to dust, dirt, high noise levels and variations in temperature.

Occasional exposure to one or more unpleasant or hazardous conditions 6% to 20% of work time.

Last updated : 2024-09-05

Job Summary

JOB TYPE

Full Time

SALARY

$39k-50k (estimate)

POST DATE

09/08/2024

EXPIRATION DATE

12/05/2024

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The job skills required for Collection specialist include Billing, Accounts Receivable, Accounting, etc. Having related job skills and expertise will give you an advantage when applying to be a Collection specialist. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Collection specialist. Select any job title you are interested in and start to search job requirements.

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The following is the career advancement route for Collection specialist positions, which can be used as a reference in future career path planning. As a Collection specialist, it can be promoted into senior positions as a Collections Representative III that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Collection specialist. You can explore the career advancement for a Collection specialist below and select your interested title to get hiring information.

If you are interested in becoming a Collection Specialist, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Collection Specialist for your reference.

Step 1: Understand the job description and responsibilities of an Accountant.

Quotes from people on Collection Specialist job description and responsibilities

Specialists must first locate debtors and then attempt to collect payment by negotiating debt settlements.

01/29/2022: Springfield, IL

Collections Specialists are generally responsible for managing and collection all the outstanding accounts receivables form clients and customers.

03/15/2022: Ventura, CA

Collection Specialists keep track of accounts receivable.

03/22/2022: Lorain, OH

Specialists are responsible for establishing and maintaining various documents, reports and following regulation forms.

02/02/2022: Monroe, LA

Analyzed credit service bureau data as needed and recommended changes required to credit limit or collection actions.

03/28/2022: Lawrence, MA

Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.

Career tips from people on Collection Specialist jobs

Collections specialists must be able to approach each conversation as a fresh start without carrying over any emotions from previous calls.

04/11/2022: Allentown, PA

Collections specialists are often entry-level professionals with minimal experience and education.

02/28/2022: Lexington, KY

If you want to take this path, you must have the ability to provide exemplary customer service, type and talk at the same time, be reliable, hardworking and willing to learn.

02/09/2022: Concord, NH

Collections specialists are often entry-level professionals with minimal experience and education.

02/07/2022: Waco, TX

A collection specialist should also understand how to overcome objections owing to the nature of the job.

01/27/2022: Bridgeport, CT

Step 3: View the best colleges and universities for Collection Specialist.

Florida Southern College
Colby College
Dartmouth College
University of Notre Dame
Western Washington University
Canisius College
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