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Financial Collections Specialist
1 week ago
At Ultra Personnel, we are seeking a highly skilled and experienced Financial Collections Specialist to join our team.
About the RoleThe successful candidate will be responsible for managing all aspects of accounts receivable, ensuring accurate and timely billing, credit management, and debt collection.
Main Responsibilities- Invoicing and Statements: Generate invoices and monthly statements for customers, adhering to company policies and procedures.
- Credit Management: Process new account applications, conduct thorough credit vetting, and set appropriate credit limits based on company guidelines.
- Account Reconciliations: Perform regular reconciliations of customer accounts to ensure accuracy and resolve any discrepancies that may arise.
- Payment Allocations: Accurately allocate payments received to customer accounts, maintaining a high level of precision and attention to detail.
- Debt Collection: Monitor outstanding accounts and follow up on overdue payments in a professional and efficient manner, minimizing the risk of bad debt.
- Bad Debt Management: Identify and escalate delinquent accounts for legal action or handover to external debt collection agencies as necessary.
- Proven experience as a Debtors Controller / Credit Controller / Accounts Receivable Clerk or similar role.
- A strong understanding of credit control principles and debt collection processes is essential.
- Proficiency in Microsoft Excel is required.
- Excellent communication and negotiation skills are crucial for effective collaboration with customers and colleagues.
- A high level of accuracy and attention to detail is necessary for maintaining the integrity of financial records.
- The ability to work under pressure and meet deadlines is vital for this role.
- A matric qualification is essential.
- A Certificate or Diploma in Finance will be advantageous.
- A minimum of 3-5 years' experience in debtors and collections is required.
- Strong collections skills are essential for success in this role.