Credit Collections Specialist

Position Summary:

The Credit & Collections Specialist will be responsible for managing the companys credit and collections processes. This role involves evaluating credit applications monitoring accounts receivable and ensuring timely collections to maintain optimal cash flow. The ideal candidate will have excellent communication skills a strong analytical mindset and experience in credit and collections management.

Key Responsibilities:

• Evaluate and process credit applications including credit risk assessments and approval recommendations.
• Monitor accounts receivable to identify overdue accounts and initiate collection activities.
• Communicate with customers regarding outstanding balances payment arrangements and account reconciliations.
• Maintain detailed and accurate records of collection activities and customer communications.
• Collaborate with sales and customer service teams to resolve billing disputes and payment discrepancies.
• Prepare and distribute regular aging reports to management highlighting highrisk accounts.
• Negotiate payment plans and settlements with delinquent accounts while maintaining positive customer relationships.
• Perform credit checks on new and existing customers and adjust credit limits as necessary.
• Recommend accounts for thirdparty collections or legal action when required.
• Assist with monthend closing activities and reconciliation of accounts receivable.
• Stay updated on industry best practices and regulations related to credit and collections.

Qualifications:

• Bachelors degree in Finance Accounting Business Administration or a related field preferred; or equivalent work experience.
• Minimum of 3 years of experience in credit and collections or a related role.
• Previous experience in the Agriculture industry is a plus.
• Strong knowledge of credit risk assessment collections strategies and accounts receivable processes.
• Proficiency in accounting software (MS Nav SAP SAGE Famous etc.) and Microsoft Office Suite (especially Excel).
• Excellent communication negotiation and interpersonal skills.
• Strong analytical and problemsolving abilities.
• High attention to detail and accuracy.
• Ability to work independently and as part of a team in a fastpaced environment.
• Knowledge of relevant laws and regulations governing credit and collections.

Remote Work :

No