Collections Associate I

1 week ago


Harlow, Essex, United Kingdom Arrow Electronics, Inc. Full time

Position:

Collections Associate I

Principal Accountabilities

  • Collects to termsnegotiates payment plans; may need to elevate cash flow problems according to mgmt reporting structure. Takes appropriate action such as credit hold, placement with collections; ability to work independently done with little or no guidance.
  • A/R disputesworks with customer to determine reason (s) for nonpayment of invoices and queries the specific invoice(s) for action by the Reconciliation Associate; works on disputes that have been researched by the Reconciliation Associate and collects outstanding balance if applicable.
  • Credit-AR exposure, facilitating sales and managing risk by reviewing order release and customer master file; releasing orders as appropriate; setting limit or order release based on research; elevating to manager as necessary. Identify bad debt and set reserve.
  • Process improvementidentify root causes, recommend and implementing solutions. Establish/update best collection practices.
  • Acts as a technical specialist on certain types of transactions and provides guidance and assistance to junior members of the team related to this. Demonstrate independent thinking and work with little or no direction. May need guidance or approval on highly complex issues. Assists junior members of team in moderately complex situations.

Location:

UK-Harlow, United Kingdom (Kao Park Hockham Way)

Time Type:

Full time

Job Category:

Accounting/Finance

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