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Commonwealth of VA Careers
Virginia, VA | Full Time
$38k-48k (estimate)
1 Month Ago
Collections Specialist
$38k-48k (estimate)
Full Time 1 Month Ago
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Commonwealth of VA Careers is Hiring a Remote Collections Specialist

Department: Fiscal Services

Classification: Admin Office Specialist 3

Job Category: Classified Staff

Job Type: Full-Time

Work Schedule: Full-time (1.0 FTE, 40 hrs/wk)

Location: Fairfax, VA

Workplace Type: Hybrid Eligible

Pay Band: 03

Salary: Anticipated salary is $45,000 - $55,000, dependent upon education and experience

Criminal Background Check: Yes

Financial Background Check: Yes

About the Department:

The Controller's Office establishes and monitors the university’s internal control framework, collaborates with university units to establish fiscal processes, and provides guidance to academic and administrative units related to administrative policies and procedures. It maintains close working relationships with the Office of Budget and Planning, the Office of Sponsored Programs, and Human Resources and Payroll.
The goal of the Controller's Office is to provide excellent customer service and minimize costs through demonstrating consistent progress toward increasing flexibility, reducing administrative burden, eliminating “no value added” efforts, and automating transaction processing.

About the Position:

The Collections Specialist supports the Cashiering and ALM Manager with maintaining a program that reduces defaulted student account write-off costs by focusing on earlier identification and intervention of "at risk" accounts prior to the start of the collection process.

This position is hybrid-eligible after satisfactory completion of training.

The anticipated salary for the position is $45,000 - $55,000, dependent upon education and experience.

Responsibilities:

  • Performs collection efforts via telephone and email focusing on “at risk” accounts prior to the start of the formal collection process. Assists students with past due accounts, explaining Commonwealth of Virginia collection procedures and counseling them on steps to resolve past due accounts;
  • Prepares documentation for submission to third-party collection agencies and the Office of the Attorney General - Division of Debt. Support the University's participation in the Commonwealth of Virginia's Debt Set-Off Program with the Department of Taxation;
  • Acts as a central point of communication for collection agencies, loan servicers, and internal staff on collections matters; and
  • Assists other Student Accounts Office staff with cash receipt processing, account maintenance, form intake and processing, report review and processing, and other related tasks as assigned.

Required Qualifications:

  • High school diploma or equivalent;
  • Experience working in Accounts Receivable;
  • Knowledge and understanding of the Fair Debt Collection Practices Act, FERPA, and Accounts Receivable applications;
  • Demonstrated interpersonal skills and ability to work effectively with people at a variety of competency levels;
  • Skill in written and oral communication, with the ability to effectively communicate complex material;
  • Analytical and problem-solving skills;
  • Ability to work with Microsoft Word, Excel, and email systems; and
  • Demonstrated ability to manage multiple, concurrent high-priority responsibilities in a time-pressured environment.

Preferred Qualifications:

  • Bachelor’s degree in a related field; and
  • Experience in Higher Education and/or Student Accounts.

Instructions to Applicants: 

For full consideration, applicants must apply for the Collections Specialist at https://jobs.gmu.edu/. Complete and submit the online application to include three professional references with contact information, and provide a cover letter and resume.

Posting Open Date: April 2, 2024

For Full Consideration, Apply by: April 17, 2024

Open Until Filled?: Yes

Job Summary

JOB TYPE

Full Time

SALARY

$38k-48k (estimate)

POST DATE

04/05/2024

EXPIRATION DATE

08/18/2024

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The job skills required for Collections Specialist include Customer Service, Accounts Receivable, Problem Solving, Communicates Effectively, Oral Communication, Flexibility, etc. Having related job skills and expertise will give you an advantage when applying to be a Collections Specialist. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Collections Specialist. Select any job title you are interested in and start to search job requirements.

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The following is the career advancement route for Collections Specialist positions, which can be used as a reference in future career path planning. As a Collections Specialist, it can be promoted into senior positions as a Collections Representative III that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Collections Specialist. You can explore the career advancement for a Collections Specialist below and select your interested title to get hiring information.

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If you are interested in becoming a Collections Specialist, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Collections Specialist for your reference.

Step 1: Understand the job description and responsibilities of an Accountant.

Quotes from people on Collections Specialist job description and responsibilities

Collections Specialists are generally responsible for managing and collection all the outstanding accounts receivables form clients and customers.

02/26/2022: New York, NY

Collections specialists are responsible for managing overdue accounts for an organization.

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They prepare official receipts and coordinate with account payable specialists from other companies with pending payables.

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remind the clients for the overdue payment

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Contact clients for overdue outstanding payment

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Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.

Career tips from people on Collections Specialist jobs

Build an optimized Collections Specialist resume quickly and easily using administrative skills.

02/02/2022: Omaha, NE

Collections specialists must be able to approach each conversation as a fresh start without carrying over any emotions from previous calls.

02/04/2022: Idaho Falls, ID

These more advanced collection specialists must know, understand, and follow federal guidelines for these actions.

02/03/2022: Elkhart, IN

Learn excellent knowledge of billing procedure

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Relevant work experience as a Collections Specialist are prefered

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Step 3: View the best colleges and universities for Collections Specialist.

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