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iPROMOTEu
Collections Coordinator
Career Insights for Collections Analyst
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Scorecard
Based on Massachusetts data
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What they do
A Collections Analyst communicates with clients to provide support and follows up on outstanding payments. Prepares and reviews reports about collection accounts and monitors collection of over-due accounts. May also analyze credit risk and recommend credit extension.
$62,881 / year median in Massachusetts
-5% projected decline
Job Description
Collections Coordinator iPROMOTEu - 3.4 Wayland, MA Job Details $27 - $29 an hour 1 hour ago Qualifications Negotiation Full Job Description Collections Coordinator Purpose & Impact The Collections Coordinator plays a critical role in strengthening iPROMOTEu's financial health by proactively managing receivables, reducing risk, and supporting a steady cash flow for our Affiliate network. This role partners closely with customers, Affiliates, and internal teams to resolve payment issues, improve processes, and foster positive, long-term relationships. Maintain positive, respectful relationships with customers and Affiliates to encourage timely payment and long-term collaboration. As a key contributor on the Accounts Receivable Team, the Collections Coordinator brings a balance of analytical thinking, communication, and customer service to help ensure invoices are resolved efficiently and professionally—while supporting teammates and shared goals. What You'll Do Receivables & Collections Proactively follow up on past-due balances through friendly reminders, outbound calls, and email outreach. Collaborate with customers and Affiliates to resolve outstanding balances, including negotiating payment plans or processing credit card payments when appropriate. Review aging reports to ensure balances remain within established credit and age thresholds. Identify and escalate risk trends related to customer or Affiliate payments. Prepare and distribute customer statements. Monitor and manage the Accounts Receivable team inbox and phone queue, responding to inquiries with accuracy and professionalism. Support pooled collection efforts and contribute to process improvement opportunities. Account & Credit Management Research and resolve billing discrepancies by partnering with internal teams. Actively manage credit holds and credit limits to minimize financial exposure for iPROMOTEu and its Affiliates. Maintain accurate customer and Affiliate account records, including updates and vendor setup documentation. Review and apply credits to open balances to ensure accurate account status. Initiate refunds and deductions as needed. Assist with cash applications by researching and clearing unapplied payments. Assist with closing out open receivables upon Affiliate disaffiliation. Affiliate Support Monitor Affiliate personal balances owed to iPROMOTEu and initiate outreach as needed. Work directly with Affiliates to resolve balances and establish payment plans. Review late-fee waiver requests and escalate exceptions when appropriate. Deliver high-quality service to Affiliates while safeguarding company interests. Working Conditions Ability to sit for extended periods of time This position may work with some challenging customers Phone loop Please note this job description is not designed to cover or contain a comprehensive listing of functions or responsibilities that are required of the employee for this job. Functions and responsibilities may change at any time with or without notice.