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DemandScience
Danvers, MA | Full Time
$43k-54k (estimate)
0 Months Ago
Collections Specialist
DemandScience Danvers, MA
$43k-54k (estimate)
Full Time 0 Months Ago
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DemandScience is Hiring a Remote Collections Specialist

We are DemandScience, a global company which never stops innovating in our mission to provide the healthiest and most predictive global B2B data and intelligence for our customers. Our clients include sales and marketing professionals at global companies. Excellent execution is in our DNA. We provide innovative AI-analytics merged with enriched data to identify your next in-market prospects and customers at scale.


Position Summary
:

The Collections Specialist at DemandScience ensures collection of payments from customers is done so in a timely and efficient manner. You will manage incoming billing inquiries and collectability concerns, generate weekly aging reports in a timely manner as well as other projects requested. This position is hybrid requiring some travel to our Danvers, Massachusettes, office.

Essential Job Functions "What You'll Do":

  • Monitor accounts receivable and identify overdue accounts.
  • Maintain records of customer engagement with delinquent customers as well as records of any payments collected from the customer.
  • Respond to incoming billing inquiries and collectability concerns.
  • Send invoices, past due statements and statements of accounts to clients on a timely basis.
  • Collection of past due accounts to achieve or exceed cash collection targets on monthly (or quarterly) basis.
  • Analysis and reporting of A/R Aging and collection activity schedule.
  • Production of cash collection forecast reports and cash balance reporting.
  • Preparation of credit memo, write-off and withholding tax requests.
  • Assist in filling out vendor forms, W-9 and other statutory requirements from clients.
  • Monitor collections and independently carry out assignments without direction, taking the initiative to solve problems.
  • Submit regular reports on the status of unpaid accounts and any repayment progress.
  • Support the Account Receivable department through investigating discrepancies to timely payment.
  • Research payment discrepancies and deliver detailed results.
  • Proactively work with fellow team members and client personnel to trouble shoot and overcome any invoice to timely payments.
  • Meticulously execute complex client account reconciliation.

Essential Qualifications "What You'll Need":

  • 5-7 years Accounts receivable collection experience.
  • Performs other duties as required or requested.
  • Complies with all policies, regulations, and standards.
  • Demonstrates company values at all times.
  • Knowledge of various collection techniques High
  • Proficient in NetSuite
  • Proficient in Microsoft Office Suite or related software as well as other accounting software programs.
  • Excellent verbal and written communication skills
  • Ability to work independently and in a fast-paced environment.
  • Ability to anticipate needs and interact professionally with customers.
  • Excellent organizational skills and attention to detail.
  • Problem solving and critical-thinking skills.

THE GOOD STUFF!
We embrace diversity and inclusion and encourage our amazing team members at Demand Science to bring their authentic, fun selves to work every day. We offer a culture of innovation, mutual respect, support, and transparency. The competitive and comprehensive benefits our team members enjoy are designed to ensure you and your family members are healthy. Check this out!

  • 401(k) Plan with Employer Match
  • Top tier Medical, Dental and Vision plans
  • Flexible Spending, Dependent Care, and Health Savings Accounts
  • Short Term and Long-Term Disability
  • Life Insurance and AD&D Insurance
  • Health and Wellness Initiatives
  • Workplace Flexibility
  • Paid Time Off
  • Peer-Appreciation Program
  • Employee Referral Program
  • A fast-paced, innovative culture with an open and collaborative environment, where you can make an impact.
  • Join a great organization that cares about employees!

DemandScience is proud to be an equal opportunity workplace. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, or national origin.

We are interested in retaining your data for a period of 12 months in connection with our consideration of your employment application and to consider you for additional suitable positions at DemandScience. Your personal information is processed in accordance with our privacy policy, available at https://demandscience.com/privacy-policy/. By applying for this position, you confirm that you have reviewed our privacy policy, including understanding that we may be collecting personal information about you from or through third-party service providers. If you have any questions regarding our processing of your personal information or if you would prefer that we not retain your personal information after our consideration of you for the particular position to which you are applying, please contact us at dataprivacy@demandscience.com.

#LI-Remote

Find out more at https://demandscience.com/careers/#join-the-team

Job Summary

JOB TYPE

Full Time

SALARY

$43k-54k (estimate)

POST DATE

05/16/2023

EXPIRATION DATE

06/07/2024

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The job skills required for Collections Specialist include Billing, Accounts Receivable, Problem Solving, Microsoft Office, Written Communication, Life Insurance, 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.

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.

12/16/2021: Port Arthur, TX

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

01/03/2022: Omaha, NE

remind the clients for the overdue payment

01/05/2022: Fayetteville, NC

Contact clients for overdue outstanding payment

02/28/2022: Saginaw, MI

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

03/03/2022: Utica, NY

Relevant work experience as a Collections Specialist are prefered

03/03/2022: Charleston, SC

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

Florida Southern College
Colby College
Dartmouth College
University of Notre Dame
Western Washington University
Canisius College
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