Collections SpecialistWe are recruiting for an experienced collections specialist to help a wholesale company reduce its DSO.
The role will be for approximately four months, with the ability to extend beyond. You will be working closely with the company's finance team, in addition to their clients to resolve payments.
Responsibilities will include:Enter cash transactions, reconcile daily cash, and perform bank reconciliations.Record journal entries and perform routine accounting reconciliationHelp with account analysis during month end close as necessaryEnsure proper coding of invoices to the general ledgerProcess invoices and credit memos with appropriate supporting documents and send to customersContact customers for upcoming invoices reminderManage collections activities for assigned accounts, research, and resolve any billing issues and post customer paymentsMake daily collections calls on past due invoices and schedule appropriate follow ups as neededSend collection letters and customer statements weekly/monthlyReduce DSO on all accounts over 90 daysMaintain customer account maintenance terms, customer contacts, and review credit limitsProduce ad hoc reports as needed, and perform other tasks as necessary or assignedPerforms the job while adhering to all company policies and proceduresRequirements:Years of collection experienceAbility to work on-site five times per week in Bergen County NJBS Accounting degree preferredStrong written and verbal communication skills with the ability to develop and maintain customer relationshipModerate spreadsheet skills (Word, Excel, PowerPoint)ERP systems experience required