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Collection Analyst
Career Insights for Collections Analyst
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Scorecard
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
Collection Analyst at Addison Group Collection Analyst at Addison Group in Bethesda, Maryland Posted in 4 days ago.
Type:
full-time
Title:
Collections Analyst Type:
Direct Hire Salary:
$80-85K (depending on experience)
Location:
Mclean VA On-Site Schedule:
hybrid
Keys:
2+ years of commercial or business-to-business collections experience Experience managing a high-volume portfolio of customer accounts Strong understanding of accounts receivable, aging reports, and cash application Experience researching and resolving billing discrepancies Strong Excel skills Excellent written and verbal communication skills ERP experience required; Oracle, SAP, NetSuite, or Microsoft Dynamics is preferred
Job Overview:
Manage a portfolio of customer accounts and collect outstanding balances Review accounts receivable aging reports and prioritize collection activity Contact customers by phone and email regarding past-due invoices Research and resolve billing discrepancies, payment issues, and account disputes Document collection activity and maintain accurate account notes Coordinate with billing, cash application, sales, and customer service teams Identify delinquent or high-risk accounts and escalate concerns appropriately Negotiate payment arrangements within established company guidelines Assist with account reconciliations and unapplied cash research Prepare collection reports and provide updates to management Support month-end close and audit requests related to accounts receivable Recommend process improvements that reduce outstanding receivables and improve cash flow
Benefits:
Medical, dental, and vision insurance Paid time off and company holidays 401(k) plan
Benefits
- Paid Time Off (PTO)
- 401(k) Plans
- Health Insurance
- Dental Insurance