1 Collection specialist Job in Fitchburg, MA
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Roessel Joy is Hiring a Collection specialist Near Fitchburg, MA
Job Description
A manufacturing company is seeking to hire a Collections Specialist. This role will involve mostly email outreach and utilizing the company's collections portal.
The ideal candidate has an associate's degree in business, accounting, or finance, has prior experience working in the collection's function, and has a background working with customers and establishing effective communication.
Responsibilities :
- Contact individuals and businesses to collect overdue payments
- Negotiate payment plans and settlements with debtors
- Perform account reconciliation and analysis to identify discrepancies
- Maintain accurate records of all collection activities
- Follow up on payment arrangements and ensure timely resolution of outstanding balances
- Provide excellent customer service while communicating with debtors
- Utilize phone etiquette and effective communication skills to address inquiries and resolve issues
- Collaborate with internal teams to resolve billing discrepancies and improve collection processes
Requirements
- Proven experience in collections or a related field
- Strong knowledge of account reconciliation, debits, credits, and accounts payable / receivable processes
- Familiarity with medical billing and ICD-10 coding is a plus
- Excellent negotiation skills with the ability to persuade debtors to make payments
- Strong attention to detail and ability to analyze complex accounts
- Ability to work independently and meet collection targets
- Exceptional organizational and time management skills
Requirements
- Proven experience in collections or a related field - Strong knowledge of account reconciliation, debits, credits, and accounts payable / receivable processes - Familiarity with medical billing and ICD-10 coding is a plus - Excellent negotiation skills with the ability to persuade debtors to make payments - Strong attention to detail and ability to analyze complex accounts - Proficient in using collection software and Microsoft Office Suite - Ability to work independently and meet collection targets - Exceptional organizational and time management skills
Last updated : 2024-05-07
Job Summary
Full Time
$41k-52k (estimate)
05/09/2024
05/12/2024
roesseljoy.com
Boston, MA
<25
Related Companies
The job skills required for Collection specialist include Customer Service, Billing, Accounting, Microsoft Office, Attention to Detail, Time Management, etc. Having related job skills and expertise will give you an advantage when applying to be a Collection specialist. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Collection specialist. Select any job title you are interested in and start to search job requirements.
The following is the career advancement route for Collection specialist positions, which can be used as a reference in future career path planning. As a Collection 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 Collection specialist. You can explore the career advancement for a Collection specialist below and select your interested title to get hiring information.
If you are interested in becoming a Collection 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 Collection Specialist for your reference.
Step 1: Understand the job description and responsibilities of an Accountant.
Quotes from people on Collection Specialist job description and responsibilities
Specialists must first locate debtors and then attempt to collect payment by negotiating debt settlements.
01/29/2022: Springfield, IL
Collections Specialists are generally responsible for managing and collection all the outstanding accounts receivables form clients and customers.
03/15/2022: Ventura, CA
Collection Specialists keep track of accounts receivable.
03/22/2022: Lorain, OH
Specialists are responsible for establishing and maintaining various documents, reports and following regulation forms.
02/02/2022: Monroe, LA
Analyzed credit service bureau data as needed and recommended changes required to credit limit or collection actions.
03/28/2022: Lawrence, MA
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 Collection Specialist jobs
Collections specialists must be able to approach each conversation as a fresh start without carrying over any emotions from previous calls.
04/11/2022: Allentown, PA
Collections specialists are often entry-level professionals with minimal experience and education.
02/28/2022: Lexington, KY
If you want to take this path, you must have the ability to provide exemplary customer service, type and talk at the same time, be reliable, hardworking and willing to learn.
02/09/2022: Concord, NH
Collections specialists are often entry-level professionals with minimal experience and education.
02/07/2022: Waco, TX
A collection specialist should also understand how to overcome objections owing to the nature of the job.
01/27/2022: Bridgeport, CT
Step 3: View the best colleges and universities for Collection Specialist.
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