credit and collections manager salaries in chicago, illinois

Do you love numbers?  Do you love people?  If so, do we have the perfect oppoortunity for you.  We are looking for an accounts recievable specialist who has had a wealth of experience in accounting and is capable of taking on responsabilities.  You will be the accounts recievable specialist for a medium sized law firm in the downtown Chicago region and any law firm experience would be highly valued.  If interested please apply below.salary: $50,000 - $60,000 per yearshift: Firstwork hours: 8 AM - 5 PMeducation: BachelorResponsibilitiesPrepare and post bank deposits, electronic payments and transfers to proper accounts,  resolving any discrepancies in the billing and accounting systems 2. Monitor and record activity for the Operating and IOLTA trust accounts 3. Process, reconcile, and post client credit card transactions  4. Monitor Accounts Receivable balances; research and follow-up on collections as needed 5. Basic general ledger postings and journal entries 6. Review and opening of new matters in all firm systems 7. Prepare several monthly and quarterly internal reports 8. Coordination with other accounting staff 9. Respond to report requests, payment verifications, and other urgent requests Skills Accounts ReceivableBasic Accounts ReceivableSAPOracleQuickBooksTime ManagementBank DepositsGeneral Ledger Qualifications Years of experience: 3 yearsExperience level: Experienced Randstad is a world leader in matching great people with great companies. Our experienced agents will listen carefully to your employment needs and then work diligently to match your skills and qualifications to the right job and company. Whether you're looking for temporary, temporary-to-permanent or permanent opportunities, no one works harder for you than Randstad.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.EOEDisclaime For certain assignments, Covid-19 vaccination and/or testing may be required by Randstad's client or applicable federal mandate, subject to approved medical or religious accommodations. Carefully review the job posting for details on vaccine/testing requirements or ask your Randstad representative for more information.

Position Summary: The Deduction Analyst is responsible for the management of a portfolio of accounts, including the analysis and resolution of all deduction and payment claims for both trade and non-trade spend.  Responsibilities include, but are not limited to; determining collection and deduction resolution priorities, composing and managing the collection of invalid claims, assembling deduction accounting data, performing complete financial analysis of customer deductions, and supporting the overall business initiatives of cash preservation and revenue generation.  This position will have regular interaction with cross-functional personnel in the corporate and operational workspaces, as well as direct customer contacts.salary: $20 - $20 per hourshift: Firstwork hours: 8 AM - 4 PMeducation: No Degree RequiredResponsibilities - Bachelor’s Degree in Business Administration, Accounting, or Finance preferred.  - Minimum 2-3 years business experiences, preferably in deduction management, trade claim settlements, and/or credit and collections.  - Experience in Consumer Packaged Goods or other food manufacturing companies preferred.  - Ability to work both independently and as an active participant in a team environment.  - Capacity to multi-task and prioritize given tight deadlines.  - strong written, verbal communication and presentation skills.  Must be able to convey information to all levels of the organization in a clear, focused, and concise manner. -  Ability to collaborate with cross-functional teams.  - strong analytical capabilities and problem solving skills.  - Result-oriented, hands on, highly motivated, and autonomous with the ability to deal with ambiguity and change.  - Proficiency in Microsoft Office applications.  Previous experience with SAP, Vistex, and High Radius preferred.SkillsAccounts ReceivableQuickBooksSAPMicrosoft OfficeFinancial StatementsBookkeepingQualificationsYears of experience: 0 yearsExperience level: ExperiencedRandstad is a world leader in matching great people with great companies. Our experienced agents will listen carefully to your employment needs and then work diligently to match your skills and qualifications to the right job and company. Whether you're looking for temporary, temporary-to-permanent or permanent opportunities, no one works harder for you than Randstad. 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. For certain assignments, Covid-19 vaccination and/or testing may be required by Randstad's client or applicable federal mandate, subject to approved medical or religious accommodations. Carefully review the job posting for details on vaccine/testing requirements or ask your Randstad representative for more information.

job summary: Summary: The main function of the Collateral/Margin Operations unit is to mitigate exposure to counterparty risk on OTC derivative trades.The analyst will be expected to be a team member of the Collateral Operations Unit, which monitors daily margin for customers across various products (Rates, Commodity, Structured Credit, Equity, and Foreign Exchange). Counterparty net exposure is evaluated each morning in order to determine collateral requirements. Deliveries and Responsibilities The Collateral Unit interacts with a variety of different groups within the Client:Back Office/Middle office Operations - stores copies of all confirmations of each transaction and can verify market values and rate for individual tradesCorporate Treasury/Global Securities Operations - determines collateral allocation and delivery of securitiesCash/Wire Transfer - send/receives cash collateralMarketers/Traders - trade and market derivatives with Financial Institutions and Corporate CustomersCredit - monitors credit exposure on derivativesCapital Markets Documentation - negotiates the collateral agreementsDue to the amount of interaction with our counterparts and other groups, excellent communication skills are necessary. An open flow of communication, specifically relating to new issues or problems, is necessary between team members. The ability to read and interpret a Credit Support Annex is a priority as discrepancies and reconciliations are a regular part of the business.Aside from daily position monitoring and counterparty contact, the analyst will be required to investigate mark discrepancies, maintain current procedure manuals and look for methods of improving efficiency. Additional responsibility will arise as projects are mastered and time permits. As our landscape is changing with the implementation of Dodd-Frank Act the ability to adapt to change is a must and gives opportunity to learn. Required Skills: A basic understanding of financial markets and derivative productsA basic understanding of financial markets documentation (ISDA, IFEMA, PSA)communication skillsCollege degree or related experienceBasic Excel skillsAbility to meet deadlines, handle high pressure situations, and juggle multiple tasksDetail oriented -specifically the ability to recognize unusual flows/triggers for collateral in agreements and new trade structures Other Qualifications: Strives to bring new thoughts and ideas to teams in order to drive innovation and unique solutionsExcels in working among diverse viewpoints to determine the best path forwardExperience in connecting with a diverse set of clients to understand future business needs - is a continuous learnerCommitment to challenging the status quo and promoting positive changeParticipate in and drive collaborative efforts to advance tools, technology, and ways of working to better serve an evolving client baseBelieves in value of diversity so we can reflect, connect and meet the diverse needs of our clients and employees around the world   location: Chicago, Illinois job type: Contract salary: $21 - 31 per hour work hours: 8am to 5pm education: Bachelors   responsibilities: The Collateral Unit interacts with a variety of different groups within the Client:Back Office/Middle office Operations - stores copies of all confirmations of each transaction and can verify market values and rate for individual tradesCorporate Treasury/Global Securities Operations - determines collateral allocation and delivery of securitiesCash/Wire Transfer - send/receives cash collateralMarketers/Traders - trade and market derivatives with Financial Institutions and Corporate CustomersCredit - monitors credit exposure on derivativesCapital Markets Documentation - negotiates the collateral agreements   qualifications: Experience level: ExperiencedMinimum 6 years of experienceEducation: Bachelors  skills: OPERATIONS SUPPORTOperations 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. For certain assignments, Covid-19 vaccination and/or testing may be required by Randstad's client or applicable federal mandate, subject to approved medical or religious accommodations. Carefully review the job posting for details on vaccine/testing requirements or ask your Randstad representative for more information.