What are the responsibilities and job description for the AR Collections Specialist - Maryland position at Baldor Specialty Food?
Description
The AR Collections Specialist will be in charge of maintaining a multimillion-dollar aging portfolio of 500-700 existing customers. This position will report to the Accounts Receivable Manager and will play a critical role in supporting the daily operations of the AR department.
Responsibilities will include but are not limited to :
- Managing 500-700 assigned accounts, low to high dollars.
- Maintain high volume of daily collection calls and e-mail communications with customer base.
- Arranging for debt repayment or establishing repayment schedules based on customer's financial situations.
- Constantly following up with customers to ensure a quick and easy repayment process.
- Reconcile unapplied customer payments
- Maintain and resolve customer balances on credit hold
- Report on aged balances to management monthly.
- Resolving unpaid balances, advising customer of necessary action steps and useful strategies for repayment.
- Maintaining an updated financial status report for assigned accounts.
- Reviewing the terms of sales, service and / or credit contracts with customers.
- Performing various administrative functions for assigned accounts, such as recording address changes, sorting, filing and answering correspondence.
- Locating and monitoring overdue accounts, using aging report and an automated system.
What we're looking for
LI-MS1
LI-Hybrid
