Accounts Receivable Collector

Accounts Receivable Collector

 

Lineage Power Systems is a leading global power and components provider and manufacturer of high quality AC-DC and DC-DC power solutions.  We are seeking an Accounts Receivable Collector with the following responsibilities:

 

Job Summary:

 

· Manage the collection of accounts receivable with a focus on DSO reduction.

· Partner with other functional areas in order to address collection issues in a timely manner

· Analyze overdue balances and provide information on uncollectible customer accountsPartner with cross functional teams with respect to process, working capital management, procedural, customer service, and internal control improvements.Release sales orders for customers with open credit lines.

 

Essential Job Functions:Initiate collection efforts on past due accounts by contacting customers with balances outside of terms Maintain collection notes and provide updates to managementAssure the receipt of sales tax exemption certification as appropriate from customers.Research and provide missing or requested documentation including re-transmission of EDI documentsCoordinates with cross functional departments to resolve issues surrounding account collections and customer requests (ship method, ship date, etc.)Work residual balances (payment differences) and provide status updatesRelease orders on hold in compliance with Lineage Power’s credit strategyActive team members of collection escalation groups Generate credit memos for sales tax, price differences and freight terms based upon residual invoice clearance approvals.Prepare weekly/periodic ship and debit memosInteracts extensively with Accounting/Finance employees. Interacts regularly with all levels of employees within the company.Interacts with customers to resolve inquiries.  

 

Job Requirements:

· Three to five years related experience and/or training in an automated accounting department required. (SAP preferred)

· Prior collections experience is required.

· Excellent analytical and organizational skills.

· Excellent verbal, written, and interpersonal communications skills. .

· Strong spreadsheet skills, especially Excel and Access.

· Must be proficient in MS Office. 

· Ability to handle various tasks simultaneously, organizes, prioritizes, and makes decisions and works efficiently and effectively under deadlines.

· Ability to exercise good judgment, keeping in mind company policies and procedures as guidelines.


Education and Experience:· Associates degree in Accounting or Finance preferred but equivalent industry experience will be considered

· Must possess the ability to read and interpret contractual arrangements as they relate to invoicing and payment terms.