Credit and Collections Specialist

Position: Credit and Collections Specialist


Location: Chicago, IL


Pay: $30.00 - $35.00 / Per Hour


Benefits: This position is eligible for medical, dental, vision, 401k

Our client is seeking a Credit & Collections Analyst to support our Finance team. This role is responsible for managing accounts receivable processes, partnering with Sales, and ensuring timely collection and resolution of customer accounts. This is a temporary position with an anticipated duration of approximately 90 days, with the potential to convert to a permanent role based on performance and business needs.

BASIC FUNCTIONS:


Provide operational support to the Finance team by managing accounts receivable processes, including collections, credit evaluation, and issue resolution to ensure timely cash flow and accurate customer account management.

ESSENTIAL FUNCTIONS:
• Execute timely collections and resolve payment issues for assigned agency accounts.
• Manage and monitor all agency payment issues between the Sales and Finance departments to ensure accurate and timely response and resolution.
• Assist Sales with regard to all credit-related matters for new agency business, including running credit checks using available applications and independent research.
• Review aging reports with Sales on a regular basis to identify issues, share information and plan strategy on how to manage agency accounts.
• Identify problem accounts and recommend transfer to a collection agency when appropriate.
• Resolve agency discrepancies with Sales and identify those accounts that chronically short-pay invoices in an effort to limit issues on a continuous basis.
• Analyze revenue adjustment data for assigned accounts to identify trends and make recommendations for improvement.
• Coordinate cash-in-advance orders with Sales and Finance.
• Perform additional duties and special projects as assigned.

EDUCATION, SKILLS AND EXPERIENCE:
• 4-7 years finance, accounting or accounts receivable experience preferred
• Experience with NetSuite required
• Media industry experience (spot cable, national addressable, streaming, etc.) preferred
• Proficiency in Microsoft Office applications, particularly Excel
• Strong analytical and problem-solving skills
• Excellent written and verbal communication skills
• Ability to manage multiple priorities and meet deadlines in a fast-paced environment

Addison Group is an Equal Opportunity Employer. Addison Group provides equal employment opportunities (EEO) to all employees and applicants without regard to race, color, religion, gender, sexual orientation, national origin, age, disability, genetic information, marital status, amnesty, or status as a covered veteran, in accordance with applicable federal, state, and local laws. Reasonable accommodation is available for qualified individuals with disabilities upon request.