AR Credit & Collections Specialist

Position : AR Credit & Collections Specialist

Work Location : GLEN ROCK, NJ

Salary : $45,000-$58,000 / year

Duration : Full-time

Shift : General Shift

Job Description :

secures revenue by ensuring credit lines and limits are set accurately and continuously building relationships with customers to reduce DSO (Days Sales Outstanding) and open past due receivables via collection efforts.

Key Responsibilities

Ensures customer payments are received withing agreed terms by communicating aging via email and portals

Identifies delinquent accounts early in the receivables cycle and ensure all terms and agreements

Verifies validity of account discrepancies by obtaining and investigating information from sales, trade promotions, customer service departments, and from customers

Resolves collections by examining customer payment plans, payment history, credit line, coordinating contact with collections department

Enter and maintain record of RTV's (Return To Vendor) and Credits posted

Releases orders within established thresholds and escalates discrepancies to senior management

Reviews customer credit worthiness and make recommendations on credit limits

Prepares exposure reports for hold / release purposes as needed

Periodically analyzes credit lines and limits according to customer activity (i.e.; Quarterly, Yearly)

Summarizes receivables by maintaining invoice accounts; coordinating monthly transfer to accounts receivable account; verifying totals; preparing report

Forecast future delinquency by analyzing payment trends and credit usage

Protects organization's value by keeping information confidential

Updates job knowledge by participating in educational opportunities

Accomplishes accounting and organization mission by completing related results as needed

Qualifications :

Strong analytical skills with a focus on details and accuracy

Maintain flexibility in a fast paced environment and continuously evolve to meet changing business needs

A quick learner with a strong professional curiosity and exceptional critical thinking and problem-solving skills

Professional demeanor with excellent interpersonal and communication skills

Ability to work in a multi-tasking environment and display strong organizational, time management and project management skills

Highly self motivated with the ability to remain focused and work with limited supervision, perform well under pressure, manage multiple tasks, and successfully meet deadlines

Ability to work both independently and as part of a team

Education And Experience

Associate' degree in accounting or related experience equivalent

1-3 year of related experience required

Experience in handling major retail accounts such as Wal-Mart, Amazon, and Home Depot a plus

Understanding of compliance, EDI, supply chain, import orders / invoices

Strong technology skills with experience with Excel and ERP systems

Knowledge of Generally Accepted Accounting Principles

Knowledge of ERP systems specifically NetSuite (not required)