Collections Specialist
Job Description
Job Description
Our client is seeking a dedicated Collections Specialist to join their team in Berkeley Heights, NJ for a hybrid opportunity . In this Contract-to-permanent position, you will play a key role in ensuring timely and accurate collection processes for both commercial and consumer accounts. This opportunity is ideal for professionals with expertise in credit and collections who thrive in a fast-paced environment.
Collections Specialist Responsibilities:
• Manage collection activities for commercial and consumer accounts, ensuring timely payments and resolving outstanding balances.
• Communicate effectively with clients to negotiate payment plans and address account discrepancies.
• Utilize credit and collection processes to maintain accurate financial records and minimize overdue accounts.
• Analyze customer billing and payment histories to identify potential risks and develop strategies for resolution.
• Maintain detailed documentation of collection efforts and interactions with clients.
• Collaborate with internal teams to streamline billing and collection processes.
• Prepare detailed reports on account statuses and collection progress using Microsoft Excel.
• Apply advanced Excel formulas to analyze financial data and generate insights.
Collections Specialist Requirements:
• Proven experience in commercial and consumer collections.
• Strong understanding of credit and collection processes.
• Proficiency in Microsoft Excel, including advanced formulas.
• Excellent communication and negotiation skills.
• Familiarity with billing collection procedures.
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