Our education organization in Flatbush is seeking a Collections/Accounts Receivables specialist to join our team. This role offers a competitive salary ranging from $75k to $110k.
Responsibilities:
- Manage and oversee the collection of outstanding accounts receivable balances.
- Contact delinquent accounts to secure payment, negotiate payment arrangements, and resolve payment disputes.
- Review aging reports and prioritize collection efforts based on account aging and payment history.
- Monitor payment trends and identify potential issues or areas for improvement in the accounts receivable process.
- Work closely with internal departments, including billing, customer service, and finance, to resolve billing discrepancies and address customer inquiries.
- Maintain accurate and up-to-date records of collection activity, payment arrangements, and customer communications.
- Prepare and present regular reports on accounts receivable aging, collection performance, and cash flow projections.
- Develop and implement strategies to improve collection rates, reduce days sales outstanding (DSO), and optimize cash flow.
- Stay informed about changes in collection laws and regulations and ensure compliance with legal requirements.
Qualifications:
- Bachelor's degree in Accounting, Finance, Business Administration, or a related field.
- Minimum of 3-5 years of experience in collections or accounts receivable management, preferably in the education sector.
- Strong understanding of accounting principles and practices related to accounts receivable.
- Excellent communication and negotiation skills, with the ability to interact professionally with customers and internal stakeholders.
- Proficiency in Microsoft Office applications, particularly Excel, and experience with accounting software.
- Detail-oriented with strong analytical and problem-solving abilities.
- Ability to prioritize tasks, meet deadlines, and work effectively in a fast-paced environment.
- Knowledge of collection laws and regulations, including Fair Debt Collection Practices Act (FDCPA) guidelines, preferred.
Location: Flatbush
Salary: $75k-110k
To apply or for more information, please email your resume to Sophia@SwiftStaffingGroup.com with the subject line "Collections/Accounts Receivables - Job #1908608."
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