Cash Collection Specialist

4 weeks ago


Bengaluru, Karnataka, India Oracle Full time

At Oracle, we are seeking a skilled Cash Collection Specialist to join our team. This role is responsible for the timely collection of customer accounts, assessing credit worthiness, and minimizing bad debts.

The ideal candidate will have excellent communication skills and be able to work effectively with departmental managers, sales support, and accounts receivable to resolve outstanding invoices and overpayments.

Key Responsibilities:

  • Assist in the collection and management of outstanding invoices from past due accounts.
  • Collect overpayments from current and former employees.
  • Work with departmental managers to eliminate the root cause of overpayments.
  • Interface with sales support, accounts receivable, and customers to determine the ability to pay and enforce contractual specifications.
  • Manage a portfolio of accounts, including delinquency, write-offs, credit memos, and additional interest.
  • Conduct pre-sale credit risk evaluations, prepare recommendations, and make credit approval decisions on new accounts.
  • Recognize deteriorating credit situations and recommend solutions.

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