Overview
This role involves managing customer credit applications, account status, and collections to ensure compliance and minimize financial risk.
Responsibilities
- Review, analyze, and approve or deny customer credit applications.
- Manage credit hold policies by reviewing customer account status, payments, and collections.
- Communicate with marketing associates regarding customer accounts and handle escalated collection cases.
- Conduct regular reviews of customer files to manage risk and ensure compliance with audit controls.
- Make recommendations related to bad debt management.
- Research and resolve account disputes, rejected or returned payments, and missed payments or invoices.
- Communicate with customers to reconcile payments and collect past due balances.
- Prepare accounting statements and financial reports.
Requirements
- Strong verbal and written communication skills.
- Strong financial analysis skills.
- Proficiency in Microsoft Office and ERP systems.
- Basic to intermediate Excel skills.
- 2-4 years of college education and/or relevant experience.
- At least one year of credit or collections experience, or an equivalent combination of education and experience.
- Experience processing customer ACH and credit card payments.
- Minimum of 2 years of accounting, accounts receivable, collections, or related experience.