What are the responsibilities and job description for the Credit and Collections Specialist position at LHH?
About the Company
LHH Recruitment Solutions is seeking a motivated and detail-oriented Credit Collections Specialist, with experience in managing accounts receivable, communicating with customers regarding overdue payments, and resolving payment disputes. The ideal candidate has a strong understanding of organizational skills, a deep understanding of credit processes, and the ability to work efficiently in a fast-paced environment.
About the Role
Title : Credit Collections Specialist
Location : Avenel, NJ
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.
Qualifications
Compensation
60,000-$65,000
If you are interested in this position or any other Accounting and Finance career opportunities, please apply and contact Linda at Linda.Ogbonnaya@lhh.com.
Equal Opportunity Statement
Equal Opportunity Employer / Veterans / Disabled
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Salary : $60,000 - $65,000
