Collections Associate (O2C)

1 - 5 years

4 - 5 Lacs

Posted:1 month ago| Platform: Naukri logo

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Work Mode

Hybrid

Job Type

Full Time

Job Description

**This role is specifically for AR collections in O2C domain, kindly apply if you're specifically working in collections domain only**

Job brief

We seek a competent Collection Specialist to contact clients and collect outstanding payments. Person must strike a balance between maintaining trustful relationships and ensuring timely payments. Our Collection Specialist should exhibit professionalism and trustworthiness.

Minimum Experience, Education and Certifications

  • Graduation in Commerce, MBA - Finance or equivalent combination of education in the finance domain
  • Requires 1-4 years relevant experience

Technical Skill

  • Solid knowledge of relevant accounting principles
  • Solid data analysis skills
  • Problem resolving skills and should be a team player 
  • ERP SAP (preferred)
  • Working knowledge of MS Office and databases

Soft Skills

  • Knowledge of billing procedures and collection techniques 
  • Proven experience as a Collection Specialist or similar role
  • Comfortable working with targets 
  • Patience and ability to manage stress
  • Excellent communication skills (written and oral) 
  • Skilled in negotiation with clients 

Job Responsibilities

  • Monitoring accounts to identify overdue payments
  • Finding and contacting customers to arrange debt payoffs
  • Keeping accurate records and reporting on collection activity
  • Investigate historical data for each debt or invoice
  • Take actions to encourage timely debt payments and as per contractual terms
  • Process payments and refunds
  • Resolve billing and customer credit issues
  • Report on collection activity and accounts receivable status
  • Ensure all payments are timely and correctly applied.
  • Should have exposure on DSO calculation.
  • Sending weekly Statement of Account, open AR report and unapplied Payment report to the Management.

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NTT DATA, Inc.

IT Services and IT Consulting

Tokyo Plano

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