What are the responsibilities and job description for the Credit and Collections Specialist position at LHH Recruitment Solutions?
Job Description
Job Description
LHH Recruitment Solutions has partnered with a dynamic transportation company, managing $60 million in receivables processed daily. We are seeking a dedicated Credit and Collections Specialist to join our headquarters team in Avenel, NJ. The ideal candidate will be responsible for the collection of outstanding accounts receivable from the existing client base and all other aspects of collections, resolving customer billing problems and reducing accounts receivable delinquency.
Job Title : Credit and Collections Specialist
Location : Avenel, NJ (Hybrid role after fully on-site training)
Salary : $55,000 - $65,000 plus bonus
Essential Duties and Responsibilities :
- Process credit applications for new and existing customers applying for credit, while adhering to the company’s credit policy.
- Contact bank and trade references to acquire credit information.
- Effectively communicate with cross-functional departments in reference to customers’ accounts.
- Monitor assigned portfolio to assure minimized credit risk while maximizing cash flow.
- Proactively and professionally communicate with internal and external customers regarding outstanding receivables.
- Assure customers’ outstanding balances remain current and within credit terms.
- Follow up with customers and cross-functional departments in a timely manner.
- Identify and resolve issues attributing to account delinquency.
- Keep accurate and complete notes detailing collection efforts.
- Organize Teams meetings with internal and external customers to discuss and resolve collection issues.
- Escalate high-level unresolved issues to management.
- Accurately post incoming payments.
- Investigate and resolve billing and payment issues.
- Distribute invoices and aging reports in a timely manner.
- Create payment arrangements and provide timely follow-up.
- Assist in annual audit requirement compliance.
- All other duties as assigned.
Preferred Qualifications :
Pay Details : $55,000.00 to $65,000.00 per year
Search managed by : Cassandra Coakley
Equal Opportunity Employer / Veterans / Disabled
To read our Candidate Privacy Information Statement, which explains how we will use your information, please navigate to https : / / www.lhh.com / us / en / candidate -privacy
The Company will consider qualified applicants with arrest and conviction records in accordance with federal, state, and local laws and / or security clearance requirements, including, as applicable :
Salary : $55,000 - $65,000
