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USA - Credit Collections Specialist I
Equiliem Batesville, IN
$36k-46k (estimate)
Full Time 8 Months Ago
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Equiliem is Hiring an USA - Credit Collections Specialist I Near Batesville, IN

This job offer is not available in your country.

Must be able to work hybrid in Batesville

Description :

Degree in Accounting, Administration, Finance or related education

Collection management experience of at least year.

Customer Service Oriented

Excellent Written communication skills

Reconciliation of accounts and Analysis and Account management

Required English language

Technical skills :

JDE system preferably, not necessary.

SAP system preferable, not necessary.

Microsoft Office

JOB SUMMARY :

The Cash Application Specialist is responsible for timely and accurate posting of customer payment remittances ( check, wire or ACH and credit card payments).

This position is accountable for ensuring all required back up documentation and / or approvals are followed in order to maintain the integrity of the payment application process.

This position is also responsible for leading the implementation of process improvements to maximize the financial performance of the company by reducing operating expenses.

ESSENTIAL DUTIES AND RESPONSIBILITIES : Other duties may be assigned :

  • Review and reconcile all Unapplied Cash within the current ERP system and apply accordingly
  • Facilitate the manual posting of EDI payments, incoming wire payments, lockbox and credit card kick-out payments, entering miscellaneous credits to customer accounts, other miscellaneous posting needed
  • Provide customer facing interaction to accomplish correct payment posting the first time. Assist Credit Department ( Invoice Specialist, Collection Specialist) in clearing the Unapplied Cash and credit card kick-outs
  • Responsible for purging receipts monthly within the current ERP system and ensuring all cash receipt batches are posted
  • Monitor the end to end cash applications process to ensure timely and accurate posting of cash to customer accounts minimizing reposting or rework
  • Provide guidance in cash posting to analyze department processes and transactions along with researching and forwarding credit card chargeback issues to the appropriate location and department
  • Analyze current customer credit card requests to identify gaps that could result in overpayments or duplications. Recommend steps to correct these gaps and implement throughout the company.

Educate associates on new processes as they are defined

In conjunction with the Invoicing Specialist Manager, recommend improvements on cash posting to improve cash flow for the company.

Monitor financial controls and communicate potential areas of financial exposure to management in the areas of customer credit card transactions and cash posting kick-outs

Function as lead liaison to drive operational initiatives and projects for process improvements in Cash Posting

EDUCATION, EXPERIENCE AND QUALIFICATIONS :

  • Preferred Associates Degree in Accounting / Business or equivalent experience
  • Minimum years of experience in Accounts Receivable and / or Business environment
  • Experience with General Ledger account reconciliations
  • Experience in Accounts Receivable and Cash Applications
  • Knowledge of JDE and Cognos preferred
  • Fluent in Excel and Access Database
  • 1 day ago

Job Summary

JOB TYPE

Full Time

SALARY

$36k-46k (estimate)

POST DATE

10/08/2023

EXPIRATION DATE

08/26/2024

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Equiliem
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The job skills required for USA - Credit Collections Specialist I include Customer Service, Accounting, Microsoft Office, Problem Solving, Communication Skills, Written Communication, etc. Having related job skills and expertise will give you an advantage when applying to be an USA - Credit Collections Specialist I. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by USA - Credit Collections Specialist I. 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 USA - Credit Collections Specialist I positions, which can be used as a reference in future career path planning. As an USA - Credit Collections Specialist I, it can be promoted into senior positions as a Credit and Collections Representative III that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary USA - Credit Collections Specialist I. You can explore the career advancement for an USA - Credit Collections Specialist I below and select your interested title to get hiring information.