
Senior Financial Recovery Specialist
2 days ago
Job Overview:
We are seeking a highly skilled Accounts Receivable Specialist to join our team. This role involves overseeing the accounts receivable process, ensuring timely collection of outstanding debts from customers or clients.
Main Responsibilities:
- Develop and implement effective debt collection strategies.
- Monitor overdue payments, identify actions to take, and negotiate payment plans.
- Coordinate with sales, customer service to resolve billing inquiries and maintain accurate records of collection activities.
- Analyze delinquent accounts, prepare reports on collections status, and implement credit policies to minimize late payments risk.
- Collaborate with legal counsel, external agencies for complex cases, and stay informed about relevant laws to ensure compliance.
Requirements:
- Bachelor's degree in finance, accounting, or related field; Master's degree may be preferred.
- Proven experience in accounts receivable management, supervisory or managerial role.
- Strong knowledge of accounting principles and practices related to accounts receivable and collections.
- Excellent communication and negotiation skills, with the ability to interact with customers and internal stakeholders.
- Analytical mindset, with the ability to assess data trends and develop collection strategies.
- Familiarity with collection software and tools for managing accounts receivable.
- Ability to work under pressure, meet deadlines while maintaining accuracy, and handle challenging situations professionally.
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