Credit Analyst (B2B Collections)
$28.85 - $33.66 per hourBDO USA
Credit Analyst
The Credit Analyst manages the full scope of collections for assigned accounts to ensure payment is received on a timely basis.
Job Duties:
- Reviews past due accounts receivables daily for assigned accounts
- Manages collection activities, including, but not limited to, phone communications to customers to secure payment for assigned accounts and adjusting payment terms and/or schedules
- Assesses and determines appropriate next steps in addressing delinquent accounts in an effort to establish a resolution involving satisfactory terms for all parties involved
- Documents the results of collection calls, and communicates progress of accounts to principals, engagement team and regional finance on a timely basis
- Interacts with key members of firm and client management to resolve billing disputes and service issues
- Reviews Dunn & Bradstreet reports to make a determination on accounts that require continued attention and focus due to poor credit history patterns with the firm and/or other vendors
- Analyzes stagnant accounts, and determines the need for escalation to a Finance Manager or Director for further action
- Utilizes firm best practices to implement process changes to rectify service issues, including, but not limited to, recommending changes to customer payment terms or developing billing schedules based on a client's cash flow
- Other duties as required
Supervisory Responsibilities:
- N/A
Qualifications, Knowledge, Skills and Abilities:
Education:
- High School Diploma or equivalent, required
- Associate's or Bachelor's degree in Accounting, Business Administration, or Finance, preferred
Experience:
- Two (2) or more years of credit / collections field experience, required
- Prior commercial (B2B) collections experience, preferred
- Professional services firm experience, preferred
Software:
- Proficient in the use of Microsoft Office Suite, required
Other Knowledge, Skills & Abilities:
- Excellent verbal and written communication skills
- Strong customer service skills
- Basic negotiation skills
- Ability to work in a demanding environment
- Capable of effectively analyzing and resolving issues and questions in a professional manner
- Ability to successfully manage multiple projects with an attention to detail while working independently
- Knowledge of firm's collections procedures
Individual salaries that are offered to a candidate are determined after consideration of numerous factors including but not limited to the candidate's qualifications, experience, skills, and geography.
National Range: $28.85/hr - $33.66/hr Maryland Range: $28.85/hr - $33.66/hr NYC/Long Island/Westchester Range: $28.85/hr - $33.66/hr
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