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Job Title: Collections Specialist
Location: New York (Hybrid)
Job Type: Full Time
Reports to: Accounting System Manager
About the Role
We are seeking a Collections Specialist with 1 years of business-to-business collections experience.
The ideal candidate will be taking ownership of the accounts receivable collections for the US and Germany offices.
Excellent written and verbal communication skills are required as well as the ability to work closely with licensing agents. The individual will also research unapplied cash receipts and work directly with the accounting manager.
ESSENTIAL DUTIES RESPONSIBILITIES
• Responsible for day-to-day outreach to clients for outstanding payments.
• Posting of incoming cash receipts and applying payments to customer invoices in Netsuite.
• Posting of journal entries to move unapplied cash to the correct customer account in Netsuite.
• Manage the AR aging schedule to ensure all customer accounts are in good standing.
• Prepare double tax convention forms for the foreign clients.
• Complete vendor forms andclosely collaborate with clients and other subsidiaries to maintain accurate vendor portal accounts.
• Upload invoices to invoicing portals for submission and timely payments.
• Assist with US and Germany financial audits.
• Assist with ad hoc projects as needed.
KNOWLEDGE EXPERIENCE
• You should have 1 years of experience in a relevant role.
• Experience within publishing and/or advertising industry is preferred.
• Associates degree or higher.
• Strong knowledge of Netsuite, Excel, PayPal, and Stripe.
• Proven ability to communicate well within a team environment.
• Strong communication skills working with cross-functional teams.
• Must have strong attention to detail.
Full Time
$48k-60k (estimate)
07/03/2024
07/31/2024
michaelmabraham.com
<25
The job skills required for Collections Specialist include Accounts Receivable, Accounting, Communication Skills, Verbal Communication, etc. Having related job skills and expertise will give you an advantage when applying to be a Collections Specialist. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Collections Specialist. Select any job title you are interested in and start to search job requirements.
The following is the career advancement route for Collections Specialist positions, which can be used as a reference in future career path planning. As a Collections 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 Collections Specialist. You can explore the career advancement for a Collections Specialist below and select your interested title to get hiring information.
If you are interested in becoming a Collections 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 Collections Specialist for your reference.
Step 1: Understand the job description and responsibilities of an Accountant.
Quotes from people on Collections Specialist job description and responsibilities
Collections Specialists are generally responsible for managing and collection all the outstanding accounts receivables form clients and customers.
02/26/2022: New York, NY
Collections specialists are responsible for managing overdue accounts for an organization.
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They prepare official receipts and coordinate with account payable specialists from other companies with pending payables.
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remind the clients for the overdue payment
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Contact clients for overdue outstanding payment
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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 Collections Specialist jobs
Build an optimized Collections Specialist resume quickly and easily using administrative skills.
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Collections specialists must be able to approach each conversation as a fresh start without carrying over any emotions from previous calls.
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These more advanced collection specialists must know, understand, and follow federal guidelines for these actions.
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Learn excellent knowledge of billing procedure
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Relevant work experience as a Collections Specialist are prefered
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Step 3: View the best colleges and universities for Collections Specialist.