Collection Specialist

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Job Detail

Job ID

129398

Job Description

We are actively seeking a motivated Collection Specialist to manage and resolve overdue accounts, ensuring timely payments and minimizing bad debt. The Collection Specialist will play a key role in maintaining positive relationships with clients while negotiating payment arrangements and providing exceptional customer service.

Responsibilities:

  • Monitor and manage a portfolio of delinquent accounts, contacting clients to collect outstanding payments
  • Communicate with customers via phone, email, and letters to resolve past-due balances and establish payment plans
  • Research and resolve discrepancies related to billing and payments
  • Maintain accurate records of all interactions and negotiations with clients
  • Escalate unresolved accounts to legal or collection agencies as needed
  • Collaborate with internal departments, such as accounting and sales, to resolve payment disputes and ensure timely invoicing
  • Provide regular reports on the status of delinquent accounts and collection efforts
  • Ensure compliance with state and federal laws governing debt collection
  • Identify opportunities to improve collection processes and recommend improvements to management

Requirements:

  • High school diploma or equivalent; associate or bachelor’s degree in Finance or Accounting is preferred
  • 1-3 years of experience in collections or a related field
  • Strong negotiation and communication skills, with the ability to handle difficult conversations professionally
  • Excellent organizational skills and attention to detail
  • Proficiency in Microsoft Office Suite and familiarity with accounting software
  • Ability to work independently and manage multiple accounts simultaneously
  • Knowledge of debt collection laws and regulations

Work Environment:

  • Office-based with potential remote work flexibility
  • Fast-paced and deadline-driven, requiring a focus on both accuracy and efficiency
  • Collaborative environment with opportunities for professional growth

Equal Opportunity Employer Statement:
We are committed to providing equal employment opportunities to all individuals. All qualified applicants will receive consideration for employment without regard to race, gender, disability, or any other protected characteristic.

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