AR Collections Specialist - Addison Group

Title: Accounts Receivable Collections Specialist

Location: Hopkins, MN – This in an on-site role, and only local applicants residing in Minnesota will be eligible for hire

Compensation: Up to $27/hr depending on applicable experience

Internal ID: 10021580

About: 

Addison Group is proud to partner in the search for a skilled AR/Collections Specialist on behalf of our esteemed manufacturing client. We're seeking candidates with a strong background in the manufacturing or construction sectors, B2B collections, deductions, cash applications, and more. This exciting full-time opportunity offers competitive compensation of up to $27/hr, commensurate with relevant experience.

Responsibilities:

• Manage the accounts receivable process for assigned clients, ensuring timely and accurate collection of outstanding invoices.
• Conduct collections activities, including contacting customers via phone, email, and mail to follow up on overdue payments and resolve payment discrepancies.
• Review and analyze customer accounts to identify delinquent accounts and prioritize collection efforts.
• Process cash receipts and apply payments to customer accounts accurately and efficiently.
• Investigate and resolve billing issues, disputes, and discrepancies with customers and internal stakeholders.
• Maintain accurate records of collection activities and customer interactions in the company's database or accounting system.
• Prepare and distribute regular reports on accounts receivable aging, collections status, and cash flow projections.
• Collaborate with sales, customer service, and finance teams to resolve customer inquiries and address any issues impacting collections.
• Develop and maintain positive relationships with customers to facilitate prompt payment and minimize collection efforts.
• Stay updated on industry best practices and regulations related to accounts receivable and collections processes, ensuring compliance with company policies and procedures.

Qualifications:

• Proven experience working in accounts receivable, collections, or a related financial role, preferably in a manufacturing or B2B environment (2+ years’ experience).
• Strong knowledge of accounts receivable principles, collection techniques, and cash application processes.
• Excellent communication skills, both verbal and written, with the ability to effectively communicate with customers and internal stakeholders.
• Demonstrated proficiency in using accounting software and Microsoft Office applications, particularly Excel, for data entry, analysis, and reporting.

Why choose Addison Finance & Accounting?

Pay: We negotiate high salaries using US Bureau of Labor Statistics

Benefits & Bonuses: You are eligible for medical, dental, vision insurance benefits, 401K, and monetary bonuses.

Permanent Employment: Many of Addison’s Finance & Accounting job openings lead to potential permanent employment.

Connections: You connect directly with hiring managers from renowned organizations

Options: You are presented multiple employment options near your home

Professional Development: You are provided hiring process advice, resume revision, and employment term negotiation.

Addison Group is an Equal Opportunity Employer. Addison Group provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, gender, sexual orientation, national origin, age, disability, genetic information, marital status, amnesty, or status as a covered veteran in accordance with applicable federal, state and local laws. Addison Group complies with applicable state and local laws governing non-discrimination in employment in every location in which the company has facilities. Reasonable accommodation is available for qualified individuals with disabilities, upon request.

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