Account Resolution Specialist - Mon–Fri 8:00 AM – 5:00 PM

Vital Holdings LLC; Memphis (TN); On-site; USD 45,000 - 65,000; Full time

Job summary

Vital Holdings LLC in Memphis, TN seeks an Account Resolution Specialist to support AR collections and cash applications, reporting to the Senior AR Specialist. You will help improve cash collections and DSO metrics while collaborating with AR Invoicing and Cash Applications teams to deliver a superior customer experience.

The role covers management of a large customer base and cross-functional coordination with field and sales teams, requiring strong analytical and communication skills and the

Qualifications

• Roles at this level require a college degree or a minimum of 2 years of related professional experience.
• Experience with AR collections or cash applications is desirable.
• Ability to work cross-functionally and communicate effectively.

Responsibilities

• Monitor assigned portfolio of clients
• Become familiar with client billing guidelines in their respective portfolios
• Apply appropriate procedures to troubleshoot non-payment, including skip tracing, dunning letters, collection calls and e-mails.
• Conduct regular reviews of your portfolio to ensure that paged receivables are being properly addressed and uncollected accounts are escalated appropriately
• Interfaces with field, sales management and Customer Service on resolving customer billing disputes, collection assistance
• Attend monthly meetings with AVP's and DOO's regarding aging performance and problem accounts.
• Review policies and procedures and suggest improvements where appropriate
• Build and maintain strong relationships within and across departments and with internal and external customers
• Assist in the creation of productivity standards
• Research and resolves customer problems and complaints on billing, cash application and account issues

Skills

Analytical thinking

Problem solving

Communication skills

Team collaboration

Multitasking

Education

College degree

Tools

Excel

PowerPoint

Microsoft Office

Job description

Position Summary

The Account Resolution Specialist is a position reporting directly to the Senior Account Resolution Specialist and will fill a critical role within the business to help improve the overall process of cash collections. This position is responsible for supporting their Area Vice President and the locations they are responsible for.

This includes helping to improve the Company's cash collections and DSO metrics. The Account Resolution Specialist will work closely with the AR Invoicing and Cash Applications teams in providing the best experience to all customers.

Responsibilities

This position will be instrumental in assisting with the managing of AR Collections and operations for approximately 40,000 customers and $200M+ revenue per annum. This position is highly visible and requires the ability to prioritize, plan, and work cross-functionally with other departments.

Our ideal candidate is familiar with some accounting procedures and can manage daily financial transactions end-to-end.

Some additional responsibilities include

• Monitor assigned portfolio of clients
• Become familiar with client billing guidelines in their respective portfolios
• Apply appropriate procedures to troubleshoot non-payment, including skip tracing, dunning letters, collection calls and e-mails.
• Conduct regular reviews of your portfolio to ensure that paged receivables are being properly addressed and uncollected accounts are escalated appropriately
• Interfaces with field, sales management and Customer Service on resolving customer billing disputes, collection assistance
• Attend monthly meetings with AVP's and DOO's regarding aging performance and problem accounts.
• Review policies and procedures and suggest improvements where appropriate
• Build and maintain strong relationships within and across departments and with internal and external customers
• Assist in the creation of productivity standards
• Research and resolves customer problems and complaints on billing, cash application and account issues

Core Competencies

Technical Knowledge – Working Experience

The preferred candidate will have a strong working knowledge of current collections methodologies and/or strong customer service background. The individual will also be familiar with interaction between accounting systems, operating systems, and invoicing.

Job Specific Competencies

Business Ethics – Basic Experience

Knowledge of practices, behaviors, applicable laws, rules, and regulations governing proper business conduct: ability to demonstrate ethical behavior in diverse situations.

Skills – Basic Experience

• Experience modelling business processes
• Strong analytical and problem-solving skills
• Excellent communication, interpersonal and presentation skills
• Highly energetic self-starter with a focus on obtaining results.
• Ability to multi-task, work under tight deadlines, and quickly adjust to changing priorities.
• Demonstrated ability to work collaboratively across teams and independently to meet deadlines and produce deliverables.
• Technical skills beyond job specific technology include Microsoft Office Suite, Excel, PowerPoint, Outlook, etc.

Education and Training

Roles at this level require a college degree or a minimum of 2 years of related professional experience

Notice Regarding the Use of Artificial Intelligence in Application Review

Notice of AI Use in Job Application Review

As part of our commitment in creating a fair, efficient, and consistent hiring process we may use artificial intelligence (AI) to help our recruiting teams organize, summarize, and analyze information provided by candidates, including resumes, application responses, and other materials submitted during the application process.AI may be used to identify patterns, highlight relevant skills, and experience, and assist in comparing a candidate’s qualifications with the requirement of a specific role. These tools are to improve efficiency and consistency while supporting more informed hiring decisions, which will ultimately be made by the hiring team.

Equal employment opportunity, including veterans and individuals with disabilities.

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