
Cash Collection Professional
3 days ago
Job Title: Accounts Receivable Specialist
Job Summary:
As a key member of the finance team, the Accounts Receivable Specialist will oversee the timely collection of outstanding debts from customers or clients. Working closely with the accounting department and collection agents, they will ensure effective strategies are implemented to minimize late payments.
Key Responsibilities:
- Develop and implement debt collection strategies
- Monitor accounts to identify overdue payments and determine actions to take
- Communicate with customers to negotiate payment plans and resolve disputes
- Coordinate with internal departments to resolve billing inquiries
- Maintain accurate records of collection activities and customer interactions
- Analyze delinquent accounts and prepare reports on collections status
- Implement and enforce credit policies to minimize risk of late payments
Qualifications & Skillset:
- CA/CS certification is required
- A bachelor's degree in finance, accounting, or a related field, with a master's degree preferred
- Proven experience in accounts receivable management, preferably in a supervisory or managerial role
- Strong knowledge of accounting principles and practices, particularly as they relate to accounts receivable and collections
- Excellent communication and negotiation skills
- An analytical mindset with the ability to assess data and trends
- Familiarity with collection software and tools
- The ability to work under pressure and meet deadlines while maintaining accuracy and attention to detail
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