1 Collection specialist Job in Wheeling, IL
U.S. Tsubaki Holdings, Inc is Hiring a Collection specialist Near Wheeling, IL
Description :
The TSUBAKI name is synonymous with excellence in quality, dependability and customer service. U.S. Tsubaki is a leading manufacturer and supplier of power transmission and motion control products.
As a part of a vast, international network of corporate and industrial resources, Tsubaki offers its customers the finest state-of-the-art products available in the world and we strive to be the Best Value supplier in the industry.
The Senior Credit and Collections Specialist coordinates the credit services function, makes informed credit decisions based on detailed analysis, and reports key credit services information to management.
Essential Duties and Responsibilities : The essential duties and responsibilities of this job are included but not limited to this job description other tasks may be assigned and expected to be performed.
- Determines overdue customer accounts for contact according to degree and amount of delinquency and makes collection calls.
- Conduct accounts receivable reviews and meetings.
- Coordinates collection activities and ensures cash is applied timely and accurately to customer accounts.
- Monitors delinquency status of international accounts and follows up as necessary to keep accounts current.
- Releases orders as necessary on a timely basis and researched and resolves issues as they arise.
- Places delinquent accounts for third party collections.
- Makes informed decisions regarding credit approval for new and existing customer accounts; analyzes account and financial information to determine financial strength, establish credit lines.
- Prepares reports for senior management of accounts receivable figures.
- Reviews open receivables with Manager and presents issues along with potential solutions as necessary.
- Addresses issues noted per review of aging on a timely basis.
- Determines bad debt reserve by compiling a list of potential bad debt losses.
- Ensures debit and credit account adjustments are made timely and accurately.
- Performs other tasks, functions and projects as assigned
Requirements :
- Associates degree or equivalent combination of education and experience.
- Three (3) or more years of related experience. Accounting background is a plus.
- Intermediate knowledge of Microsoft Excel, Word and Outlook required.
- Ability to work independently, multi-task and prioritize work based on deadlines with high attention to detail.
U.S. Tsubaki offers a competitive compensation package, including health benefits effective on date of hire, generous 401(k) match and profit sharing, education reimbursement, and annual bonus potential.
Tsubaki is an Equal Opportunity Employer - Minorities / Females / Veterans / Disability
PM21
PI0ccc218c25c0-26276-34634115
Last updated : 2024-06-11
Job Summary
Full Time
$41k-52k (estimate)
06/13/2024
09/12/2024
The job skills required for Collection specialist include Accounts Receivable, Accounting, Microsoft Excel, 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.
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.
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