Accounts Receivable Collections Specialist

Accounts Receivable Collections Specialist

The Accounts Receivable Collections Specialist is responsible for compiling reports and managing the collection of outstanding accounts receivable for a portfolio of customers. This role will oversee all aspects of collections, research and resolve customer billing issues, provide support to internal and external customers, and reduce accounts receivable delinquency. Your focus will be on building relationships with internal and external stakeholders to ensure invoices are paid as agreed and disputes resolved expeditiously.

Position Responsibilities :

• Perform collection efforts for assigned portfolio of accounts in a professional, efficient, and effective manner while maintaining and improving customer relationships.
• Identify issues attributing to account delinquency and propose potential solutions with accounts receivable manager.
• Resolve payment discrepancies and disputes in a professional manner.
• Prepare package for new customer / credit limit for manager to review.
• Run credit reports through D&B portal.
• Work internally to resolve billing issues required to release orders on hold.
• Research and resolve customer Credit Memo issues.
• Process payments and customer refunds per policy guidelines.
• Assist in the month-end closing process and prepare related financial reports, as needed.
• Identify remittance details through Payments Inbox.
• Interact with customer portals for required information.
• Maintain and update customer files, including name or address changes.
• Ensure compliance with company policies and procedures regarding accounts receivable.
• Assist in developing and implementing improvements to the accounts receivable process.
• Respond to client inquiries regarding billing and payment issues.
• Prepares SOX compliance control documents.
• Assist with audits related to accounts receivable.
• Other duties as assigned.

Qualifications :

Methode offers US employees Medical, Dental, Vision, Hearing, Life & Disability insurance, a wellness program, and time off benefits.

Voluntary benefit plans include Accident, Hospital Indemnity and Pet Insurance.

Methode provides an Employee Assistance Program, and participation in the Company's 401(k) plan which includes a company contribution.

Base pay offered may vary depending on multiple individualized factors, including market location, job-related knowledge, skills, and experience. Hourly employees will also be paid overtime pay when working qualifying overtime hours.

Methode Electronics is an equal opportunity employer. We evaluate qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status, genetic information and other legally protected characteristics.