Job Summary
We are seeking a motivated and detail-oriented Credit & Collections Specialist to join our team. The ideal candidate will be responsible for managing accounts receivable, contacting customers to collect outstanding debts, and ensuring timely payments. This role requires a strong understanding of financial concepts and excellent communication skills to effectively resolve payment issues while maintaining positive relationships with customers.
- Contact customers via phone and email to follow up on overdue accounts and negotiate payment arrangements.
- Maintain accurate records of all communications and transactions related to collections.
- Review account statements and reconcile discrepancies to ensure accurate billing.
- Prepare reports on collection activities and account status for management review.
- Stay updated on industry regulations related to medical collections and ensure compliance in all communications.
- Daily review of customer account balances
- Prepare and send dunning letters to past due accounts
- Manage fuel assistance for approved customers
- File and attend small claims hearings for uncollected accounts
- Review and release deliveries for eligible accounts
- Prepare and send invoices and statements to customers
- Proven experience in collections or a related field, such as accounts receivable or telemarketing.
- Strong understanding of financial concepts, including account reconciliation and revenue cycle management.
- Excellent mathematical skills for accurate calculations related to payments and account balances.
- Exceptional communication skills, both verbal and written, with the ability to handle difficult conversations professionally.
- Detail-oriented with strong organizational skills to manage multiple accounts effectively.
- Ability to work independently as well as part of a team in a fast-paced environment.
- Ability to pass background screening
- Minimum Job Requirements
· High school diploma or GED
· Collection experience
- 401(k)
- 401(k) matching
- AD&D insurance
- Dental insurance
- Employee discount
- Health insurance
- Life insurance
- Opportunities for advancement
- Paid sick time
- Paid time off
- Paid training
- Vision insurance
- South Hadley, MA 01075: Relocate before starting work (Required)