Credit and Collections Specialist

Ptc Alliance Llc; Wexford (Allegheny County); On-site; USD 45,000 - 65,000; Full time

Benefits offered by this job

Free Healthcare

HSA option

Dental Insurance

Vision Insurance

Life Insurance

Long Term Disability

401K plan with company match

Tuition Reimbursement eligibility

Annual college scholarship for depend-

Job summary

PTC Alliance LLC is seeking a Credit and Collections Specialist to oversee the company’s credit policies and processes, ensuring timely collection of receivables and maintaining strong client relationships. The role supports cash flow optimization and risk minimization within a dynamic manufacturing environment.

You will evaluate credit applications, set credit limits, monitor AR, and collaborate with sales and finance teams to resolve issues.

Qualifications

• Bachelor's degree in Finance, Accounting, Business Administration, or a related field.
• Minimum of 3 years of experience in credit and collections or a related financial role.
• Proven track record of managing accounts receivable and reducing delinquency rates.
• Experience with financial software and databases.
• Strong analytical, communication, and negotiation skills.
• Proficiency in Microsoft Excel for data analysis and reporting.

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.

Skills

Analytical skills

Communication

Negotiation

Excel

Education

Bachelor's degree in Finance, Accounting, Business Administration

Tools

Financial software

Databases

Microsoft Office Suite

Job 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 HealthcareHSA optionDentalVisionLife InsuranceDependent & Spouse Life InsuranceLong Term DisabilityCancer & Critical accident coverage401K plan with company matchReferral BonusAnnual college scholarship available for children & grandchildren of PTC Alliance employeesTuition Reimbursement eligibilityJob 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 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.Required Education:- Bachelor's degree in Finance, Accounting, Business Administration, or a related field.Required Experience:- Minimum of 3 years 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.