Collections Analyst

  • location: Chicago, IL
  • type: Permanent
  • salary: $50,000 - $65,000 per year
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job description

Collections Analyst

job summary:
Large National Construction company seeking Collections Analyst for their growing Chicago office! This high visibility role will report to the Director of Credit & Collections, with incredible upward mobility potential. This company is growing rapidly, and the position will have opportunities to work with other departments, such as Credit, A/R, IT and Accounting teams to best serve their customers.

 
location: Chicago, Illinois
job type: Permanent
salary: $50,000 - 65,000 per year
work hours: 9 to 5
education: Bachelor's degree
experience: 2 Years
 
responsibilities:
RESPONSIBILITIES

  • Execute collection strategies utilizing GetPaid business software application
  • Conduct collection activities via phone, email, fax and other correspondence
  • Monitor customer collection activity and make recommendations on changes to customer collection strategy as appropriate
  • Negotiate and communicate payment plans with Manager when appropriate
  • Communicate collection trends and business updates to the Manager
  • Ensure credit risk protection measures (i.e., joint checks, lien notices, bond claims, etc.) are in place based on terms of sale for customers
  • Monitor and execute lien rights based on terms of sale
  • Collaborate with peers in order to minimize the company's bad debt and collect past due balances
  • Complete various monthly reports including monthly aging and suspension reports
 
qualifications:
Requirements:

  • 2-5+ years of relevant work experience
  • B.S. or B.A. degree in Business or related field
  • Strong MS Excel and database skills
  • Ability to travel - 10-20% of the year
  • Ability to communicate ideas and recommendations in a clear and concise manner
 
skills: Credit & Collections
Equal Opportunity Employer: Race, Color, Religion, Sex, Sexual Orientation, Gender Identity, National Origin, Age, Genetic Information, Disability, Protected Veteran Status, or any other legally protected group status.

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