Collection Specialist

Job Brief

A Collections Specialist is an individual who collects payments from owees and resolves overdue bills. They are responsible for protecting the employer’s assets and ensuring that unpaid bills are promptly contacted.

Job Description

• ● Monitor accounts to identify outstanding debts
• ● Investigate historical data for each debt or bill
• ● Find and contact clients to ask about their overdue payments
• ● Take actions to encourage timely debt payments
• ● Process payments and refunds
• ● Resolve billing and customer credit issues
• ● Update account status records and collection efforts
• ● Report on collection activity and accounts receivable status

Job Requirements

• ● Proven experience as a Collection Specialist or similar role
• ● Knowledge of billing procedures and collection techniques (e.g. skip tracing)
• ● Familiarity with laws related to debt collection (e.g. FDCPA)
• ● Working knowledge of MS Office and databases
• ● Comfortable working with targets
• ● Patience and ability to manage stress
• ● Excellent communication skills (written and oral)
• ● Skilled in negotiation
• ● Problem-solving skills
• ● High school diploma; Associate’s/Bachelor’s degree is a plus