Collections and Accounts Receivable Coordinator

Our client is a luxury brand conglomerate looking to add a Collections and Accounts Receivable Coordinator to their team.

Salary/Hourly Rate:

$65k

Position Overview:

Our client is seeking a detail-oriented and experienced Collections and Accounts Receivable Coordinator to join our finance team. The successful candidate will be responsible for managing the collections process, maintaining accounts receivable records, and ensuring timely payment from clients. The role requires strong communication skills, attention to detail, and the ability to work collaboratively with both internal teams and external clients.

Responsibilities of the Collections and Accounts Receivable Coordinator:

• Contact customers to follow up on overdue payments and negotiate payment plans
• Monitor accounts receivable aging reports and take appropriate action to resolve outstanding balances
• Process incoming payments, including checks, credit card payments, and electronic transfers
• Reconcile accounts receivable ledger to ensure accuracy and completeness
• Generate and distribute customer invoices and statements
• Collaborate with sales and customer service teams to resolve billing issues and disputes
• Provide regular updates on collection efforts and accounts receivable status to management
• Identify and recommend process improvements to streamline collections and accounts receivable processes

Qualifications for the Collections and Accounts Receivable Coordinator:

• Proven experience in collections, accounts receivable, or a similar finance role
• Strong negotiation and communication skills
• Proficiency in Microsoft Excel and accounting software (e.g., QuickBooks and SAP)
• Excellent attention to detail and accuracy
• Ability to prioritize tasks and manage time effectively
• Experience working in a fast-paced environment and meeting tight deadlines
• Knowledge of relevant laws and regulations governing collections and accounts receivable practices

Education Requirements:

• Bachelor’s degree in Accounting, Finance, or a related field is required

Benefits:

• Medical, dental, and vision
• PTO
• 401k
• Company holidays