Credit and Collections Specialist

Paycom - ATS; Northern (KY); Hybrid; USD 50,000 - 58,000; Full time

Benefits offered by this job

Free Healthcare

HSA option

Dental

Vision

Life Insurance

401K plan with company match

Referral Bonus

Tuition Reimbursement

Job summary

PTC ALLIANCE LLC in Wexford, PA seeks a Credit and Collections Specialist to manage credit policies, monitor accounts receivable, and optimize cash flow. This entry-level role focuses on evaluating credit, setting limits, and implementing effective collection strategies.

You will interact with clients, prepare reports for management, and collaborate with sales and finance to align credit decisions with business goals. Office-based position requiring strong analytical skills.

Qualifications

• Assists in evaluating credit applications and setting credit limits per policy.
• Manages accounts receivable to ensure timely collections and minimizes delinquencies.
• Develops and implements effective collection strategies to improve cash flow.

Responsibilities

• Communicate with clients to resolve payment discrepancies and negotiate plans.
• Maintain accurate records of credit and collection activities for management reporting.
• Collaborate with sales and finance to address credit issues and support business goals.
• Ensure compliance with laws and regulations related to credit and collections.

Skills

Credit risk assessment

Negotiation

Communication

Excel

Attention to detail

Financial software

Education

Associates or Bachelor's degree in Finance, Accounting, Business Administration, or a related field

Tools

Microsoft Excel

Financial software

Job description

# Credit and Collections SpecialistHot JobCORPORATE - Wexford, PA 15090## OverviewSalary Range$50,000.00 - $58,000.00 SalaryJob ShiftDay## Description***PTC is a leading manufacturer and marketer of welded and cold drawn mechanical steel tubing and tubular shapes, plated bar and tubing, and fabricated parts and precision components.*****We at PTC value our employees’ health and wellness. We offer the following:*** **FREE Healthcare*** **HSA option*** **Dental*** **Vision*** **Life Insurance*** **Dependent & Spouse Life Insurance*** **Long Term Disability*** **Cancer & Critical accident coverage*** **401K plan with company match*** **Referral Bonus*** **Annual college scholarship available for children & grandchildren of PTC Alliance employees*** **Tuition*****Reimbursement eligibility*****Job Purpose:** - The Credit and Collections Specialist at PTC ALLIANCE LLC is responsible for managing and overseeing the company's credit policies and processes, ensuring timely collection of outstanding receivables, and maintaining positive relationships with clients. This is an entry level position. This role is crucial in optimizing cash flow and minimizing financial risk to the organization. **Key Responsibilities:** - Evaluate and analyze credit applications and establish credit limits based on company policies. - Monitor and manage accounts receivable to ensure timely collection of outstanding invoices. - Develop and implement effective collection strategies to reduce aged receivables. - Communicate with clients to resolve payment discrepancies and negotiate payment plans when necessary. - Maintain accurate records of all credit and collection activities and prepare regular reports for management review. - Collaborate with sales and finance teams to address credit issues and support business objectives. - Ensure compliance with relevant laws and regulations related to credit and collections. - Assist in the development and improvement of credit and collections processes and systems.The incumbent is expected to understand that all employees have a shared responsibility for the quality of products and related services provided to our customers. Duties and responsibilities are to be carried out in accordance with the PTC Quality Management System and its policies, procedures, and work instructions as applicable to the job or function being performed.## Qualifications**Required Education:** - Associates or Bachelor's degree in Finance, Accounting, Business Administration, or a related field. **Required Experience:** - Minimum of 1 year of experience in credit and collections or a related financial role. - Proven track record of managing accounts receivable and reducing delinquency rates. - Experience working with financial software and databases. **Required Skills and Abilities:** - Strong analytical skills with the ability to assess credit risk and make informed decisions. - Excellent communication and negotiation skills to effectively interact with clients and internal teams. - Proficiency in Microsoft Office Suite, particularly Excel, for data analysis and reporting. - Ability to work independently and manage multiple tasks in a fast-paced environment. - Strong attention to detail and organizational skills to maintain accurate records and documentation. - Familiarity with industry regulations and compliance standards related to credit and collections.**Work Environment:*** Typical office conditions**Physical Demands:*** Required to sit for long periods of time at a computer