Credit and Collections Analyst
Knoxville, TN 37919 United States
Job Description
Here are the job details for your review:
Job Title: Credit and Collections Analyst
Job Location: 810 Innovation Dr, Knoxville, TN 37932
Pay Rate: $24/HR on W2
Duration: 12+ Months (Possibility of extension)
Shift Hours: 8AM - 5PM
Job Description:
- Monitor accounts receivable and identify overdue accounts.
- Contact customers with overdue accounts and attempt to collect the overdue amount or negotiate a payment plan to collect it in installments.
- Document daily collections activity by creating and maintaining notes and follow-up tasks within Oracle collections module.
- Research account disputes and billing discrepancies.
- Perform account/payment reconciliations and coordinate with cash applications team to ensure proper applications.
- Identify delinquent accounts that will potentially require external collection efforts.
- Upload AR invoices to customer portals.
- Provide customers with reporting such as statements, aging or other miscellaneous reporting requests.
- Coordinate documentation of customer refunds.
- Request customer tax exemption documentation and upload for tax team review.
- Build strong communication with both internal departments and external customers.
- Analyze and assess the creditworthiness of new customers and additional service quotes using external credit risk management tools/reports.
- Provide recommendations for payment terms and contract modifications based on credit guidelines and/or customers’ payment history.
- Monitor outstanding aged receivables for applicable accounts.
- Work closely with multiple internal departments to ensure awareness of any actions and/or problems affecting customer accounts.
- Performs other related duties as needed.
Required skills
- 1+ years’ experience in credit, collections and accounts receivable.
- Strong communication and interpersonal skills (verbal, written and listening).
- Experience in process improvement and a focus on digitization/automation.
- Flexibility and ability to pivot tasks based on business needs.
- Strong PC skills (MS Office software like Word, PowerPoint, Excel and Outlook)
- Strong attention to detail and enjoy problem solving.
- Enjoy working in a fast-paced environment and able to pivot tasks based on business needs.
- Corporate ERP systems, Oracle a plus.