IMI Precision Engineering Credit and Collections Specialist in Littleton, Colorado
The Credit and Collection Specialist is responsible for all credit and collections functions driving the improvement of cash flow and reduction of accounts receivable. This position utilizes accounting software systems to analyze and review account balances, reconcile customer accounts, and track the current status of accounts receivable.
Essential Functions and Responsibilities
Contacts assigned portfolio of customers to collect on past due amounts.
Demonstrates a thorough understanding of customer’s open balance and performs reconciliations of the accounts, as necessary working with Norgren and IMI colleagues across departments.
Identifies and evaluates payment barriers and collaborates with internal departments and customer representatives to resolve disputes.
Identifies and recommends customer accounts for shipment hold, outside collections, and/or bad debt to the Director, Credit and Collections.
Ensures all account documentation is completed in an accurate and timely manner and is fully compliant with legal and accounting standards.
Conducts periodic reporting on assigned portfolio of accounts and past due activity ensuring management is apprised of potential risks.
Ensures all collection activities are conducted within applicable legal guidelines.
Ensures all activities meet departmental quality standards as well as professional audit, credit, and collections standards
Assists management in making sound business decisions by ensuring that customer data and reporting are accurate, complete, and delivered in a timely manner.
Initiates Billing Adjustments for customer claims or dispute
Ensures the efficient operation of the credit and collection function within Norgren & IMI Precision Engineering by performing duties accurately and on a timely basis.
Completes training responsibilities as assigned by management.
Participates in special projects as assigned by management.
Other duties as assigned.
Education and Experience
Minimum of an Associate’s Degree in Finance, Accounting or related field.
Minimum of one (1) year commercial collections experience, and/or an equivalent combination of education and experience.
Demonstrated ability to make sound collection decisions based on analysis of customer activity against industry and collection standards.
Exceptional written and oral communication skills including customer relations and negotiations.
Computers and Technology
Proficient skills with MS Office Suite (Word and Outlook) and ERP Accounting systems
Intermediate Excel skills and other relevant financial reporting and accounting tools
JDE ERP experience preferred.
- None required
This position has no supervisory responsibilities.
Job ID 2019-31745
# of Openings 1
Platform IMI Precision Engineering