Collections Analyst

Robert Half is recruiting for dedicated, analytical and proficient Collections Analysts. The individual should have experience in Oracle and an understanding of the logistics industry. The role will involve monitoring customer accounts, enhancing collection procedures and improving cash flow as well as communicating with clients regarding invoices, payments, and account statuses.

Responsibilities:

1. Utilizing Oracle ERP to manage and monitor customer accounts and collection activities, payments, and credits.
2. Analyze customer remittance advice, apply payments in the system and clean up residual payments.
3. Work with customers to resolve any discrepancies between invoices and payments.
4. Coordinate with internal departments and external entities to rectify any issues related to collections, credit, billing, or accounting.
5. Oversee credit control procedures and ensure they are implemented correctly.
6. Evaluate customer creditworthiness and establish or adjust credit limits based on credit risk analysis.
7. Coordinate with management to prepare monthly collection forecasts and reports.
8. Conduct account reconciliation periodically, identify discrepancies and resolve them promptly.
9. Ensure compliance with federal and state laws applicable to collections.

Qualifications:

1. A Bachelor’s degree in Finance, Accounting, or a related field.
2. Demonstrated experience as a Collections Analyst, preferably within the logistics industry.
3. Proficient in utilizing Oracle ERP.
4. Solid understanding of fundamental accounting principles, credit practices, and collection laws.
5. Superior communication and negotiation skills.
6. Excellent organization and time-management skills.
7. Highly detail-oriented with the ability to handle multiple tasks simultaneously.

We are looking for a candidate who can work well under pressure, meet deadlines, and contribute positively to our financial team. A strong comprehension of Oracle ERP and credit/collection strategies is essential in this role. Personal traits that will aid in the successful completion of these tasks include: determination, attention to detail.

• A Bachelor’s degree in Finance, Accounting, or a related field.
• Demonstrated experience as a Collections Analyst, preferably within the logistics industry.
• Proficient in utilizing Oracle ERP.
• Solid understanding of fundamental accounting principles, credit practices, and collection laws.
• Superior communication and negotiation skills.
• Excellent organization and time-management skills.
• Highly detail-oriented with the ability to handle multiple tasks simultaneously.