Accounts Receivable / Credit and Collections Specialist
Detroit, MI, USA
Req #518
Monday, May 13, 2024
Come work for the largest equipment dealer in North America! Are you a hardworking individual that thrives in a fast-paced environment and looking to take your career to the next level? If so, then come join our award-winning team!
We provide our employees with the following tools and resources to be successful:
Training
Tuition assistance
Employee stock purchase plan
Outstanding benefits package (BCBS PPO, Delta Dental and EyeMed Vision, plus much more!)
401(k) with match
Competitive wages
Paid time off
10 paid holidays
Work schedule: M-F, day shift
Responsibilities: Our Construction Equipment Group is growing, and this position is open to further support our company needs. We are seeking a full-time Accounts Receivables / Credit and Collections Specialist for our Detroit, MI branch.The primary responsibilities of the position consist of, but are not limited to, splitting time between review of credit risk and collection of delinquent accounts. This person works closely with all sales and billing departments to coordinate credit and collection activities and will report to the Credit Manager.
Regular responsibilities include:
Resolve delinquent accounts and contact customers regarding overdue amounts
Review and manage the risk associated with new and ongoing credit accounts
Negotiate settlements with delinquent accounts
Issue demand letters and escalate accounts for legal action or bad debt write-off
Maintain clean reconciled customer account balances by managing open credits, reconcilingcustomer and internal accounts
Collect for high activity accounts such as Fortune 100 companies
Handle and manage all media forms of incoming and outgoing
Resolve invoicing, cash application, Purchase Order and sales tax concerns
Process new customer credit applications, account setups, and make credit risk decisions for commercial and consumer accounts
Manage or utilize customer portal accounts for billing, payment, or PO required items
Make and adjust credit hold/release and credit limit decisions
Maintain audit required recordkeeping and documentation and update month-end and periodic departmental reports
Complete waiver forms and vendor set up forms
Incorporate Alta's Guiding Principles into daily activities
Performs other duties as assigned
Consistent, regular, and reliable attendance including being ready for work at the designated start time
Conduct research, skip-tracing and investigation required to verify legal entities and locate debtors and assets
Qualifications:
HS diploma or GED required; Associate's or Bachelor's degree preferred
Experience with commercial and consumer legal or judgement collections preferred
Knowledge of Notice of Furnishings, Lien Filings and Waivers preferred
Knowledge of FDCPA and FCRA preferred
Experience with cash posting preferred
Experience in a sales-oriented dealership environment desirable
Mortgage underwriting or equivalent desirable
Working with a complex high volume credit portfolio
Computer Skills - Microsoft Excel, Word, and Outlook, Teams, eXtend, Power BI
Language Skills - High: Ability to read, analyze, and interpret general business periodicals, professional journals, technical procedures, or governmental regulations. Ability to write reports, business correspondence, and procedure manuals. Ability to effectively present information and respond to questions from groups of managers, clients, customers, and the general public.
Mathematical Skills - Basic: Ability to calculate figures and amounts such as discounts, interest, commissions, proportions, percentages, area, circumference, and volume. Ability to apply concepts of basic algebra.
Reasoning Ability - Basic: Ability to solve practical problems and deal with a variety of concrete variables in situations where only limited standardization exists. Ability to interpret a variety of instructions furnished in written, oral, diagram, or schedule form.
Physical Demands/Work Environment:
Physical/Sensory Functions: Regularly will use hands, talk/hear, sit, will reach with hands and arms; Occasionally will stand, walk, reach with hands and arms, climb or balance, stoop, kneel, crouch or crawl
Lift and/or Move Functions: Frequently will lift up to 10 pounds; Occasionally will lift up to 50 pounds
About Alta:
Culture is Job #1. Alta Equipment Group prides itself in living by our Guiding Principles: Invest in the Best, Passion for Excellence, Customers for Life, Mutual Respect and One Team. More than an equipment company, Alta is an innovator of solutions, delivering diverse products and unrivaled support centered on building lasting customer relationships.
If you have a passion for excellence and are ready to make a difference within our organization, we're ready for you. Whether it's selling the world's-best big iron, rolling up your sleeves and servicing our industry-leading construction and material handling product brands or being a difference maker behind the scenes, we can use your skillset.
At Alta Equipment Group, we believe in mutual respect and are committed to diversity while inspiring our employees to reach their maximum potential. Voted a "Top Work Place USA", our employees across North America are committed to excellence. It's the Alta way.
So, let's start the conversation. Click the link to apply and begin the journey of a lifetime.
What We Look For:
At Alta Equipment Group, we are looking for candidates who are a cultural fit with our organization and understand that every task and job goes... For full info follow application link.
We are an equal opportunity employer. Employment selection and related decisions are made without regard to gender, race, age, disability, religion, national origin, color, gender identity, sexual orientation, veteran status or any other protected class.
