Collections Specialist
6 days ago
About Us:
International American University - RAK is a fast-growing, industry-leading, mission-driven organization dedicated to mission or value proposition. We are seeking a detail-oriented and professional
Collections Specialist
to join our team and help ensure timely payments and positive customer interactions.
Position Summary:
The Collections Specialist is responsible for managing the collection of outstanding accounts receivable from clients and customers. This role requires strong communication skills, persistence, and a customer service mindset to maintain positive client relationships while ensuring prompt payment.
Key Responsibilities:
- Monitor accounts to identify outstanding debts and overdue balances
- Contact clients via phone, email, and mail to initiate payment and follow up as needed
- Negotiate payment plans and terms when necessary
- Maintain accurate records of collection activities and communications in the system
- Collaborate with internal teams (Sales, Customer Support, Billing) to resolve disputes
- Recommend accounts for escalation, legal action, or write-off when applicable
- Generate and analyze aging reports and other relevant financial data
- Adhere to company policies and applicable debt collection regulations
Requirements:
- Proven experience as a Collections Specialist, Accounts Receivable Clerk, or similar role
- Knowledge of billing procedures and collection techniques.
- Familiarity with accounting software (e.g., QuickBooks, SAP, NetSuite) and MS Office
- Excellent communication and negotiation skills
- Ability to work independently and manage multiple accounts
- High school diploma required; Associate's or Bachelor's degree in Finance, Accounting, or related field preferred
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