Collections Specialist

Our renowned engineering client Headquarters is seeking a B2B Cash Collections specialist to join their team immediately.

Qualifications

·Bachelor's degree in Finance, Accounting, or Business Administration

·2-5 years years of experience in B2B collections, order-to-cash experience

·Experience in international and structured environment (e.g., shared service center, multinational group)

·Knowledge of GAAP principles, ability to reconcile debits/credits

·Experience forecasting and managing DSO required.

·Manage complex B2B, A/R activity including credits, debits, rebills, tax exempt adjustments, customer deductions, and correcting misapplied payments.

·Analyze and reconcile multiple invoices and credit scenarios, clearly explaining balances, credit usage, and required payments to customers.

·.Strong command of collection tools

·Advanced Excel skills, Peoplesoft, SAP, and exposure to customer portals.

·Exceptional written and verbal communication with internal and external stakeholders, phone follow up skills required

·Be able to work independently, adhering to federal, state, and local laws regarding debt collection practices Fair Debt Collection Practices Act, (FDCPA).

Responsibilities

·Ensure the collection of outstanding receivables for a high-volume portfolio of key accounts and partners, while maintaining a high standard of client relationship and adherence to payment terms.

·Proactively follow up with clients (via phone and email) to secure timely payments and resolve potential issues.

·Monthly/quarterly cash forecasting with a high degree of accuracy.

All qualified applicants will receive consideration for employment without regard to race, color, national origin, age, ancestry, religion, sex, sexual orientation, gender identity, gender expression, marital status, disability, medical condition, genetic information, pregnancy, or military or veteran status. We consider all qualified applicants, including those with criminal histories, in a manner consistent with state and local laws, including the California Fair Chance Act, City of Los Angeles' Fair Chance Initiative for Hiring Ordinance, Los Angeles County Fair Chance Ordinance, and San Francisco Fair Chance Ordinance.