What are the responsibilities and job description for the Accounts Receivable/Collections Specialist position at SRM Concrete?
The Accounts Receivable/Collections Specialist is a crucial role, ensuring the accuracy and efficiency of our accounts receivable operations and implementing effective collections strategies. The ideal candidate will have a strong background in accounts receivable, experience with collections, and a commitment to maintaining positive customer relationships.
Key Responsibilities:
Oversee and manage the accounts receivable process for their assigned customers
Monitor customer account details for non-payments, delayed payments, and other irregularities, and perform account reconciliations as needed.
Implement and maintain a collections strategy that minimizes outstanding receivables, including contacting customers to collect overdue payments.
Work closely with customers to negotiate payment plans and resolve billing disputes in a manner that maintains positive relationships.
Prepare weekly and monthly reports on the status of accounts receivable and collections efforts.
Provide feedback to the department's management team to improve billing procedures and reduce the number of delinquent accounts.
Stay up-to-date with legal regulations and industry practices regarding collections and accounts receivable.
Qualifications:
A bachelor’s degree in accounting, finance, or a related field is preferred.
Proven experience in accounts receivable and collections, ideally within the construction or manufacturing industry.
Strong understanding of billing and financial concepts.
Excellent communication and negotiation skills, with the ability to resolve issues and maintain customer relationships.
High degree of accuracy and attention to detail.
Proficient in Microsoft Office Suite and experience with accounting software.
Ability to work independently and as part of a team in a fast-paced environment.
Compensation and Benefits:
Competitive pay commensurate with experience.
Competitive Benefits Package (health, dental, vision, life, and disability).
401(k) with company match.
Paid time off and vacation.
Starting pay will depend on various job-related factors, including education, experience, and training.