Talent.com
No longer accepting applications
Accounts Receivable Representative

Accounts Receivable Representative

Fifth ThirdRosemont, IL, United States
5 days ago
Job type
  • Full-time
Job description

Make banking a Fifth Third better

We connect great people to great opportunities. Are you ready to take the next step? Discover a career in banking at Fifth Third Bank.

GENERAL FUNCTION :

Provide client support to Equipment Finance customers by working closely with Bancorp Relationship Managers and direct contact with Accounts Payable partners of privately and publicly held companies and Syndication partners. As a Portfolio Analyst I, you are the primary contact to provide timely resolution for inquiries on Equipment Finance transactions after the account is boarded onto the servicing system.

Responsible and accountable for risk by openly exchanging ideas and opinions, elevating concerns, and personally following policies and procedures as defined. Accountable for always doing the right thing for customers and colleagues and ensures that actions and behaviors drive a positive customer experience. While operating within the Bank's risk appetite, achieves results by consistently identifying, assessing, managing, monitoring, and reporting risks of all types.

ESSENTIAL DUTIES AND RESPONSIBILITIES :

  • Adhere to Federal Lending Regulations as it relates to Equipment Finance.
  • Read, analyze and interpret Equipment Finance loan and lease documents, including documents prepared internally, by outside counsel and external sources and how they relate to the servicing system to resolve client inquiries and / or internal boarding issues.
  • Provide cross functional support for portfolio monitoring of newly booked and existing accounts, provide customer service to internal and external clients and assist with lien perfection on equipment.
  • Provide support to the Equipment Finance Portfolio Analyst II. Aide in gathering information needed for loan / lease servicing as well as providing additional customer support for specific clients.

Customer Service :

  • Establish, foster and maintain strong working relationships with the Commercial Bank (portfolio managers, underwriters, credit officers, senior bankers, relationship managers) to improve the overall customer experience specific to Equipment Finance loan / lease servicing.
  • Deliver timely resolution to incoming client requests received via email, direct dial and / or the 800-Customer Line.
  • Promptly analyze the client's communication and provide accurate and professional resolution based on knowledge of the relationship, documentation and servicing system.
  • Encourage clients to sign up for Equipment Finance online payment services.
  • Portfolio Quality :

  • Manage a portfolio of accounts by proactively monitoring daily, weekly and monthly reporting to ensure new accounts are booked accurately for client billing and submit any required forms and / or corrections to internal partners to update the necessary servicing systems appropriately eliminating customer impact.
  • Direct client contact to resolve cash application issues, invoice questions or other post boarding issues.
  • Reconcile and resolve cash application issues with clients and third party servicers.
  • Review and aggressively resolve delinquent accounts for assigned portfolio per Department's procedures and have the ability to recognize a potential credit issue for escalation to the Team Lead, Relationship Manager, Special Asset Officer and / or the Credit Officer.
  • Provide manual billing via Microsoft Excel or Access as necessary for your assigned portfolio.
  • SUPERVISORY RESPONSIBILITIES :

    None

    MINIMUM KNOWLEDGE, SKILLS AND ABILITIES REQUIRED :

  • 2+ years accounts receivable experience.
  • Bachelor's degree in Business (e.g. Business Administration, Finance, Accounting) required.
  • Be familiar with Equipment Finance loan and lease structures such as finance leases, operating leases, synthetic leases, Municipal leases, conditional sales, and the implications related to each transaction preferred
  • Knowledge of loan transactions and how to calculate interest accruals based on loan type Bachelor's degree in Business (e.g. Business Administration, Finance, Accounting) required.
  • Proficient with Microsoft Office products, including Word, Excel, & Access
  • InfoLease experience or comparable servicing system preferred
  • Strong Customer Service Orientation
  • Excellent analytical ability
  • WORKING CONDITIONS :

  • Normal office environment with little exposure to dust, noise, temperature and the like.
  • Extended time at desk and / or viewing computer screen.
  • Accounts Receivable Representative Total Base Pay Range 47,100.00 - 94,200.00 USD Annual

    At Fifth Third, we understand the importance of recognizing our employees for the role they play in improving the lives of our customers, communities and each other. Our Total Rewards include comprehensive benefits and differentiated compensation offerings to give each employee the opportunity to be their best every day.

    The base salary for this position is reflective of the range of salary levels for all roles within this pay grade across the U.S. Individual salaries within this range will vary based on factors such as role, relevant skillset, relevant experience, education and geographic location. In addition to the base salary, this role is eligible to participate in an incentive compensation plan, with any such payment based upon company, line of business and / or individual performance.

    Our extensive benefits programs are designed to support the individual needs of our employees and their families, encompassing physical, financial, emotional and social well-being.You can learn more about those programs on our 53.com Careers page at : https : / / www.53.com / content / fifth-third / en / careers / benefits.html or by consulting with your talent acquisition partner.

    LOCATION Rosemont, Illinois 60018

    Attention search firms and staffing agencies : do not submit unsolicited resumes for this posting. Fifth Third does not accept resumes from any agency that does not have an active agreement with Fifth Third. Any unsolicited resumes - no matter how they are submitted - will be considered the property of Fifth Third and Fifth Third will not be responsible for any associated fee.

    Fifth Third Bank, National Association is proud to have an engaged and inclusive culture and to promote and ensure equal employment opportunity in all employment decisions regardless of race, color, gender, national origin, religion, age, disability, sexual orientation, gender identity, military status, veteran status or any other legally protected status.

    Create a job alert for this search

    Account Receivable • Rosemont, IL, United States

    Related jobs
    • Promoted
    Accounts Receivable Representative

    Accounts Receivable Representative

    Fifth Third BankRosemont, IL, United States
    Full-time
    Make banking a Fifth Third better.We connect great people to great opportunities.Are you ready to take the next step? Discover a career in banking at Fifth Third Bank. Provide client support to Equi...Show moreLast updated: 6 days ago
    • Promoted
    • New!
    Accounts Receivable Coordinator

    Accounts Receivable Coordinator

    Cresco LabsChicago, IL, United States
    Full-time +2
    Cresco Labs is one of the largest public, vertically integrated, multistate operators in the cannabis industry.Our portfolio of in-house cultivated and manufactured brands features some of the high...Show moreLast updated: 11 hours ago
    • Promoted
    Financial Services - Accounts Receivable

    Financial Services - Accounts Receivable

    UlineWaukegan, IL, United States
    Full-time
    Financial Services - Accounts Receivable.Pay from $22 to $23 per hour with significant growth and earning potential!.Lakeside Drive, Waukegan, IL 60085. New hires earn a $2,500 year-end bonus!.Uline...Show moreLast updated: 20 days ago
    • Promoted
    Accounts Receivable Coordinator

    Accounts Receivable Coordinator

    Securitas Electronic Security IncBurr Ridge, IL, United States
    Full-time
    Securitas Technology, part of Securitas, is a world-leading provider of integrated security solutions that protect, connect, and optimize businesses of all types and sizes.More than 13,000 colleagu...Show moreLast updated: 1 day ago
    • Promoted
    Accounts Receivable Specialist

    Accounts Receivable Specialist

    Monster jobsLemont, IL, United States
    Full-time +1
    Our client is looking for a detail-oriented Accounts Receivable Specialist to support day-to-day billing, collections, and payment processing. This role is fully onsite and offers a strong opportuni...Show moreLast updated: 1 day ago
    • Promoted
    AR Clerk / Accounts Receivable Clerk

    AR Clerk / Accounts Receivable Clerk

    Elite Staffing CompanyDes Plaines, IL, United States
    Full-time
    AR Clerk / Accounts Receivable Clerk.Monitor customer credit limits to determine the release of daily sales orders.Review sale orders that require manual release due to credit limits.Communicate wit...Show moreLast updated: 20 days ago
    • Promoted
    Accounts Receivable Account Analyst

    Accounts Receivable Account Analyst

    TeamCareChicago, IL, US
    Full-time
    Teamcare Accounts Receivable Analyst.At Central States / TeamCare we proudly serve thousands of Teamster members and their families through two trusted organizations : TeamCare, a Central States Healt...Show moreLast updated: 13 days ago
    • Promoted
    Healthcare Account Receivable Specialist

    Healthcare Account Receivable Specialist

    Wolcott, Wood and Taylor Inc.Chicago, IL, US
    Full-time
    Job Title : Accounts Receivable Specialist â?? Physician AR.Accounts Receivable (AR) Manager.Healthcare revenue cycle experience required to apply. Healthcare revenue cycle experience required to app...Show moreLast updated: 30+ days ago
    Accounts Receivable Manager

    Accounts Receivable Manager

    AA MedicalMokena, Illinois, United States, 60448
    Full-time
    AA Medical is a provider of sustainable solutions to both the new and resale medical device equipment markets.AA Medical was founded in 2012 to help doctors and surgeons around the world access hig...Show moreLast updated: 21 days ago
    • Promoted
    Accounts Receivable Supervisor

    Accounts Receivable Supervisor

    Securitas Electronic Security IncBurr Ridge, IL, United States
    Full-time
    Securitas Technology, part of Securitas, is a world-leading provider of integrated security solutions that protect, connect and optimize businesses of all types and sizes.More than 13,000 colleague...Show moreLast updated: 26 days ago
    • Promoted
    • New!
    Accounts Receivable

    Accounts Receivable

    HEI Hotels and ResortsChicago, IL, US
    Full-time
    Imagine yourself in 1930's Chicago.Chicago celebrated its centennial by hosting the world's fair in 1933.The speakeasies and gangsters were thriving. It was a distinguished time in Chicago's history...Show moreLast updated: 6 hours ago
    • Promoted
    • New!
    Accounts Payable & Accounts Receivable Clerk

    Accounts Payable & Accounts Receivable Clerk

    Accurate PersonnelMcHenry, IL, United States
    Permanent
    HIRING IMMEDIATELY : ACCOUNTS PAYABLE & ACCOUNTS RECEIVABLE CLERK IN MCHENRY, IL.Accurate Personnel is hiring immediately for an Account Payable and Accounts Receivable Clerk to join our team in McH...Show moreLast updated: 11 hours ago
    • Promoted
    Revenue & Accounts Receivable Accountant

    Revenue & Accounts Receivable Accountant

    Morning ConsultChicago, IL, United States
    Full-time
    Morning Consult is a global decision intelligence company changing how modern leaders make smarter, faster, better decisions. The company pairs its proprietary high-frequency data with applied artif...Show moreLast updated: 8 days ago
    • Promoted
    Accounts Receivable Administrator

    Accounts Receivable Administrator

    CFSWoodridge, IL, United States
    Full-time
    Our Client is looking for a new Accounts Receivable Administrator.This is the perfect position for someone who is looking to learn and grow within a thriving company. Why work for our Client as an A...Show moreLast updated: 1 day ago
    • Promoted
    Senior Accounts Receivable Specialist

    Senior Accounts Receivable Specialist

    UlineWaukegan, IL, United States
    Full-time
    Senior Accounts Receivable Specialist.Lakeside Drive, Waukegan, IL 60085.New hires earn a $2,500 year-end bonus!.At Uline, Finance isn’t just about the numbers. it’s about supporting the entire bus...Show moreLast updated: 20 days ago
    • Promoted
    • New!
    Accounts Receivable & Collection Analyst

    Accounts Receivable & Collection Analyst

    MorningstarChicago, IL, US
    Full-time
    At Morningstar we believe people are at their best when they are at their healthiest.That's why we champion your wellness through a wide range of programs that support all stages of your personal a...Show moreLast updated: 18 hours ago
    • Promoted
    • New!
    Accounts Receivable (AR) Accountant

    Accounts Receivable (AR) Accountant

    Cascade CoffeeChicago, IL, United States
    Full-time
    BILLION cups of coffee a year?.We are excited to announce that we are hiring an organized Accounts Receivable (AR) Accountant!. For more than 45 yearsCascade Coffee has been the premier specialty co...Show moreLast updated: 11 hours ago
    • Promoted
    Accounts Receivable Clerk

    Accounts Receivable Clerk

    Monster jobsBolingbrook, IL, United States
    Full-time
    We’re seeking a detail-oriented Accounts Receivable Specialist to join our accounting team.This role is responsible for managing customer billing, collections, and cash applications to ensure accur...Show moreLast updated: 1 day ago