Accounts Receivable/Collections Specialist

Accounts Receivable/Collections Specialist

Lorain OH (onsite)

Overview

The AR/Collections Specialist plays a vital role in managing the companys credit and collections processes to ensure timely customer payments and minimize financial risk. This position involves evaluating customer creditworthiness, monitoring outstanding accounts, resolving billing discrepancies, and maintaining accurate financial records. Collaboration with Sales, Marketing, and Finance teams is essential to establish appropriate credit terms, enforce payment policies, and ensure healthy cash flow.

Responsibilities

Credit Management

Evaluate credit applications, set customer credit limits, and monitor accounts for potential credit risks.

Accounts Receivable & Collections

Proactively follow up on overdue invoices, negotiate payment arrangements, issue collection notices, and resolve billing disputes.

Payment Processing & Account Maintenance

Process invoices, match purchase orders, apply payments accurately, and maintain customer and vendor account records.

Reconciliation & Reporting

Reconcile accounts, verify invoices, prepare financial reports, and analyze payment trends.

Administrative & General Duties

Respond to customer inquiries, investigate discrepancies, prepare reports, collaborate with different departments, and follow company policies.

Requirements

Associates or Bachelors degree in Accounting, Finance, or related field preferred. Experience in credit, collections, or accounts receivable is a plus. Proficiency in Microsoft Office, including Excel, is required. Strong analytical, organizational, and communication skills are essential for the role.

Gables Search Group