Accounts Receivable / Collections Specialist


Detroit, MI

Industry: Engineering Services


Not Specified years

Posted 304 days ago

  by    Harry Negi

Position: Accounts Receivable/Collections Specialist

Location: Detroit /MI

Key Elements:

·        Responsible for customer collection activity, which will include:

·        Analysis of Accounts Receivable aging’s.

·        Contact with customers to obtain payment information and/or commitments on past due items. Processing and verification of timely and accurate invoicing / statements. This will require a working knowledge of Oracle to input data and/or process transactions.

·        Problem solving and appropriate resolution of disputed amounts with customers, utilizing strong customer service skills.

·        Coordinate with internal plants on disputed items and documentation requests.

·        Implementation of process improvements identified during the collection process.

·        Weekly reporting of delinquent account activity to management.

Preparation of customer credit analysis, including:

·        New and existing customer financial reviews and analysis.

·        Periodic customer analysis, including customer payment trends and recommendations for credit limits/actions, if necessary.

·        Reports related to customer sales or collection activity, as requested.

·        Make recommendations on credit and collection policies and practices

Responsible for various tasks within the Accounts Receivable department, which will include:

·        Month-end financial close process assistance.

·        General ledger account reconciliations.

·        Cash application.

·        Printing, mailing, emailing, faxing invoices and statements to customers.

·        Assist with Sarbanes Oxley Section 404 testing documentation.

·        Assist with various analyses and projects as assigned.

Education and Experience Requirements:

• Undergraduatedegreerequired. Majors preferred in business, accounting or finance.

• Experiencerequired in the following areas; 3years preferred:

·        Credit Analysis

·        Invoicing and collections activity

·        ERP experience -Accounts Receivable modules (Oracle preferred)

·        Understanding of manufacturing processes/departments, EDI processes

·        General ledger account reconciliations

• Effective professional written and oral communication skills.

• Strong decision-making, negotiation and problem-solving skills.

• Proficient PC skills (e.g., Microsoft Excel, Access, Word) - above average skills a plus.

• Strong analytical skills required.

• Self-motivated, resourceful and detail oriented with the ability to effectively prioritize.

• Demonstrated ability to meet deadlines with accuracy.

• Strong interpersonal skills with ability to effectively work with teams.