The Senior Collections Specialist is responsible for the accurate recording of all cash received from customers that needs to be correctly applied as dictated by the customer and the daily balancing of cash received and posted against the general ledger. Duties include serving as the backup for all team lead functions for cash applications.
Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties, or responsibilities that are required of the employee for this job. Duties, responsibilities, and activities may change at any time with or without notice.
KEY RESPONSIBILITIES - ESSENTIAL FUNCTIONS
Daily, research and accurately input cash receipts into the customers' accounts and verify that all cash is applied correctly
Research accounts to clear and discrepancies (short payment/ misapplications) and questions that arise
Conducts a daily balancing procedure to ensure that all cash posting, sales and credits from prior day agrees with general ledger
Generates monthly reconciliation of cash received by the general ledger
Updating complex Excel reports daily and keeping management updated
Assist team lead in reviewing the daily work assigned and moving tasks around as needed to ensure all work is completed on time
Assists the Team Lead in training new hires and team members in new tasks
Assist with periodic third-party audits, providing support documentation
Assists in enhancement projects such as system testing, automation and any other improvements which need to be implemented
Identify inefficiencies and propose solutions
Additional ad hoc tasks and projects assigned
LEADERSHIP RESPONSIBILITIES
This position's leadership responsibilities involve demonstrating ethics and integrity, developing adaptability, displaying drive and purpose and exhibiting leadership stature
Helps to mentor and train newer collectors in collections processes and techniques
COMPETENCIES - SKILLS
Results focused, solves problems while displaying self-control
Accurate, demonstrating numerical and financial astuteness
Works effectively with systems
Organized, structured and assumes responsibility
Works with limited supervision
Practice listening skills and is highly focused on customer service
Successfully negotiate and develop professional partnerships with internal and external clients
EDUCATION AND EXPERIENCE
College degree from a 4-year accredited institution with a concentration in Accounting, Finance or Business is preferred
5+ years of experience B2B collecting on $30m + fortune 500 level portfolios (required)
Strong communication and negotiation skills
Good math aptitude, basic PC skills and JD Edwards or large ERP system, preferred
Good organizational and people skills with the ability to work with minimal supervision
Strong analytical research and resolution skills
Must be articulate and can negotiate payments with all levels of the accounts payable management chain while maintaining professional positive business relationships. Prior accounts receivable cash application experience is required
Knowledge of general accounting principles
Technically skilled in operating in multiple ERP and various systems.
Proficiency in Microsoft Excel (including creating Pivot tables and VLOOK-UPs)
Strong analytical research and resolution skills
Must be articulate and be able to negotiate payments with all levels of the accounts payable management chain while maintaining professional business relationships
JOB SPECIFICATIONS, PHYSICAL DEMANDS AND WORK ENVIRONMENT
Work Environment: This position is in Alpharetta, GA and operates in a professional office environment.
Positions Type/Standard Schedule: This is a full-time position, First 2 weeks of hire position will work onsite everyday Monday through Friday; Then Hybrid (3 days onsite).
Travel: Minimal travel - from 0% to less than 10%.
DISCLAIMER
Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties, or responsibilities that are required of the employee for this job. Duties, responsibilities, and activities may change at any time with or without notice.
Our Benefits
Wheels recognizes benefits are a significant part of your employee experience, and we've created a robust benefits package that is market-leading, competitive offerings so you and your family can receive outstanding care. Please click here for an overview of the benefits available to you and your family.
Pay Range: $49,900-$69,800 The base salary range for this position is listed above. This position is eligible to participate in the annual incentive plan which is based on company performance and individual performance. Compensation ranges are based on several factors including job function, level, and geographic location. Final offer amounts are determined by multiple factors including candidate experience, education, certifications, skill level and expertise, and may vary from the amounts listed here.
EEO Statement
Wheels is a Drug-Free Workplace. All employment is contingent on successful completion of drug and background screening.
Wheels is an equal opportunity affirmative action employer and administers all personnel practices without regard to race, color, religion, sex, age, national origin, sexual orientation, gender identity or expression, marital status or domestic partnership status, disability, protected veteran status or military status, genetic information, or any other category protected under applicable law. Wheels is committed to taking affirmative steps to promote the employment and advancement of minorities, women, persons with disabilities and protected veterans.