AR/Collections

Collins Consulting, Inc; Chicago (IL); On-site; USD 52,000 - 76,000; Full time

Benefits offered by this job

401(k)

Medical, Dental and Vision Insurance

Term Life Insurance

AD&D

Long Term Disability

Job summary

Collins Consulting, Inc in Chicago on site is seeking a Collections Specialist to resolve outstanding AR issues across Credit, Collections, Invoicing, Cash Application, and Dispute Resolution. You will interact with internal teams and external customers to recover delinquent balances and keep aging metrics in check.

The role requires 1–3+ years in accounts receivable, solid Excel skills, and familiarity with SAP. College degree is preferred.

Qualifications

• 1–3+ years of AR experience across AR management.
• Understanding of Order to Cash processes.
• Strong interaction with internal and external parties.
• Proficiency in Excel; SAP experience a plus.

Responsibilities

• Perform accounts receivable functions within defined process standards.
• Manage accounts receivable using multiple systems.
• Review and investigate customer receipt variances.
• Communicate with internal and external parties regarding AR questions and corrections.
• Identify root causes for customer deductions and variances.
• Review monthly performance reports.
• Coordinate AR activities for shared services.
• Assist AR Lead and Supervisor in day-to-day AR tasks.
• Ensure processing meets standards and aging targets.
• Continuously improve process design to reduce costs.

Skills

Accounts receivable

Excel

SAP ERP

Attention to detail

Interpersonal skills

Education

College degree

Job description

Collections Specialist

This is an onsite position, local candidates only. The Collections Specialist is responsible for interacting internally and externally to resolve outstanding issues relating to accounts receivable, inclusive of Credit, Collections, Invoicing, Cash Application, Dispute Resolution and Customer Order Release. The AR Analyst is required to: (a) contact external customers on delinquent A/R balances; (b) monitor receivables daily; (c) resolve remittance exceptions; (d) review explanations for customer payment differences; (e) work with division sales and contract personnel and (f) work with our Genpact collections team.

What You'll Work On

• Perform accounts receivable functions within the defined process standards.
• Manage accounts receivable utilizing multiple systems.
• Review and investigate customer receipt variances.
• Communicate with internal and external parties regarding accounts receivable questions, error correction and discrepancy resolution.
• Identify Root Cause for customer deductions and variances.
• Review monthly performance reports.
• Perform and coordinate the Accounts Receivable activities for shared services.
• Assist the AR Lead and Supervisor in performing, facilitating, and reviewing day to day AR activity within the center.
• Assure processing is performed within standards and allows for the achievement of targeted aging metrics.
• Continuously improve process design focusing on simplification, standardization, quality improvement and cost minimization

Qualifications Minimum Experience

• 1-3 plus years of accounts receivable experience inclusive of all aspects of AR management
• Knowledge and understanding of overall Order to Cash processes.
• Strong ability to interact with internal and external parties at various levels.
• Attention to detail with a propensity for continuous improvement.
• SAP ERP experience a plus
• Strong Excel skills are preferred.

Additional Qualifications

• College degree preferred.

The benefits that you are eligible for with Collins Consulting, Inc:

• 401(k)
• Medical, Dental and Vision Insurance
• Term Life Insurance
• Accidental Death and Dismemberment
• Long Term Disability