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Collections Specialist
Career Insights for Collections Analyst
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Based on Maryland 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.
$52,715 / year median in Maryland
-9% projected decline
Job Description
Collections Specialist at Turn2Partners Collections Specialist at Turn2Partners in Garrett Park, Maryland Posted in 2 days ago.
Type:
full-time Collections Specialist Silver Spring, MD (Onsite for training, then hybrid 3 days a week) We are seeking a Collections Specialist to support both business-to-business (B2B) and business-to-consumer (B2C) collections. This individual will manage outstanding accounts while also reviewing and auditing account information to ensure balances are accurate prior to and throughout the collection process. Key Responsibilities Manage a portfolio of B2B and B2C accounts with outstanding balances. Contact customers and businesses regarding past-due accounts and coordinate payment resolution. Review and audit accounts to confirm balances, payments, adjustments, and supporting documentation are accurate. Research account discrepancies and resolve billing or payment issues prior to collection. Maintain detailed records of collection activity, account status, and customer communication. Process account adjustments and escalate complex discrepancies when necessary. Monitor aging reports and prioritize collection efforts based on account status and risk. Partner with internal accounting and operations teams to resolve account issues. Qualifications 2+ years of collections, accounts receivable, or related experience preferred. Experience with B2B and/or B2C collections. Strong account reconciliation, research, and auditing skills. Comfortable working with high-volume accounts and customer communication. Strong attention to detail, organization, and problem-solving skills. Proficiency with Excel and accounting/ERP systems.