What are the responsibilities and job description for the Corporate Collections Specialist position at ALL Erection & Crane Rental Corp?
Corporate Collections Specialist
ALL Erection & Crane Rental Corp
Independence, OH - 44131
Position Summary
ALL Erection & Crane Rental has an opportunity for a Collections Specialist at our corporate headquarters. This individual will be responsible for initiating communications with complex and difficult delinquent customers by phone, mail, or email to collect payments and settle accounts. Follows-up on delinquent accounts. Updates and maintains accurate financial records including accounting, receivable, and credit records. Works with other corporate departments and branch personnel on outstanding accounts to understand account status and strategize on appropriate steps to successful closure. This is an exempt, full-time position is a casual office environment.
Essential Functions
- Reviews collection reports to ascertain status of collections and balances outstanding and to evaluate effectiveness of current collection policies and procedures.
- Contacts costumers to confirm outstanding payments, and renews credit information to help minimize outstanding debts.
- Keeps record of collection activities, and status of accounts.
- Analyzes the creditworthiness of prospective and current customers.
- Examines credit history using credit agency tools and evaluates potential risks.
- Makes recommendations on credit extensions within established guidelines.
- Make recommendations regarding bad debt or write-offs.
- Fields and responds to delinquency inquiries and resolves discrepancies as required.
- Ensures collectors follow all protocols, laws, and regulations to collect payments efficiently.
- Coordinates with others, including personnel in company branches to exchange information regarding all nonpayment, denials, and inadequate payments contained on remittances received.
- Resolves customer accounts by examining payment plans and payment history to determine if collection letters need to be generated for delinquent accounts.
- Manage relationship with 3rd party vendor utilized for processing customer credit card payments and regular review of related best practices/polices.
- May submit delinquent accounts to attorney or outside agency for collection.
- Generates and distributes various required weekly/monthly reports.
- Assists with the research and resolution of disputed items.
- Performs other duties as assigned.
Benefits
- Competitive salary.
- Paid Time Off and Holidays.
- Comprehensive Benefits Plans (Medical, Dental, Life, Vision, and Disability Insurance).
- 401(k) retirement plan with company match.
ALL Family of Companies
The ALL Family of Companies and its affiliated branches are Equal Opportunity Employers with competitive wage and benefits packages in a drug-free environment. The ALL Family of Companies is the largest privately-owned crane rental and sales enterprise in North America, with 29 strategically located branches operating under the ALL, Central, Dawes, and Jeffers names – including specialized divisions for aerial lifts, boom trucks (ALT Sales), and parts. Since 1964, the ALL Family has been a leader in the lift industry – with market strengths that include commercial construction, roads & bridges, power generation, plants & processing, facility maintenance, and more. We're ALL you need ®
The ALL Family of Companies is an Equal Opportunity Employer – M/F/Veteran/Disability/Sexual Orientation/Gender Identity.
Job Type: Full-time
Pay: $50,000.00 - $60,000.00 per year
Benefits:
- 401(k)
- 401(k) matching
- AD&D insurance
- Dental insurance
- Disability insurance
- Employee assistance program
- Employee discount
- Health insurance
- Health savings account
- Life insurance
- Paid time off
- Referral program
- Vision insurance
Ability to Commute:
- Independence, OH 44131 (Required)
Work Location: In person
Salary : $50,000 - $60,000