
Collection Specialist
21 hours ago
Role Overview:
We are looking for a proactive and detail-oriented Collection Specialist to manage and oversee the collection of outstanding accounts receivable. The ideal candidate will have strong communication skills, negotiation abilities, and hands-on experience in ensuring timely collection while maintaining positive client relationships.
Key Responsibilities:
- Monitor accounts receivable and proactively follow up with clients for timely payments.
- Contact clients via phone, email, and official correspondence to resolve outstanding invoices.
- Negotiate payment arrangements, settlements, and handle disputes tactfully.
- Maintain accurate records of collection efmforts and customer interactions in the system.
- Collaborate with internal teams (Finance, Sales, Operations) to resolve billing discrepancies.
- Escalate chronic defaulters and recommend legal or credit actions where required.
- Generate weekly/monthly reports on collection status, DSO (Days Sales Outstanding), and overdue accounts.
- Ensure compliance with company policies, legal requirements, and country-specific regulations.
Key Skills & Competencies:
- Strong understanding of accounts receivable, credit, and collections processes.
- Excellent negotiation and conflict resolution skills.
- Strong communication (verbal & written) and interpersonal skills.
- Proficiency in MS Office (Excel, Word, Outlook); knowledge of ERP/Accounting systems is a plus.
- Analytical mindset with attention to detail.
- Ability to work under pressure and meet deadlines.
Qualifications:
- Bachelors degree in Finance, Accounting, Business Administration, or related field.
- Minimum 3+ years of experience in collections, credit control, or accounts receivable.
- Experience in [insert industry e.g., logistics, banking, FMCG, telecom] preferred.
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