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Credit and Collections Specialist in Tacoma, WA

Credit and Collections Specialist Job Description

Credit and collections specialists manage the credit approval process and ensure timely collection of outstanding accounts receivable. They work closely with customers, sales teams and finance departments to resolve billing issues, monitor account activity and maintain healthy cash flow. This role is essential for minimizing financial risk and supporting overall business operations.

Typical credit and collections specialist duties:

Review and evaluate credit applications and establish credit limits based on company policiesMonitor customer accounts to identify overdue balances and initiate collection effortsContact clients via phone, email or mail to follow up on outstanding invoicesInvestigate and resolve billing discrepancies or disputes in a timely mannerMaintain accurate records of communications, payments and account statusesPrepare aging reports and provide updates to management on collection activitiesCollaborate with internal departments to ensure accurate invoicing and account reconciliationRecommend accounts for escalation, legal action or write-off when necessary

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Salary for Credit and Collections Specialist in Tacoma, WA
59040 - 84563
Low
59040
The candidate is new to the role or has limited experience and is building necessary skills.
Mid
70110
The candidate has moderate experience in the role, meets most requirements or has equivalent transferable skills, and may also have relevant certifications.
High
84563
The candidate has extensive experience and advanced skills for the role, and may also have specialized certifications.
Projected salaries for related positions Job title Low Mid High Accounts Receivable Manager 88253 100860 124845 Accounts Receivable Analyst 72570 82103 90098 Accounts Receivable Specialist 67343 74108 80873 Accounts Receivable Clerk 54120 63345 71340 Accounts Payable Manager 85178 100553 124230 Accounts Payable Analyst 70725 76568 85178 Accounts Payable Specialist 63653 69495 77798 Accounts Payable Clerk 53198 60578 67343 Billing Manager/Supervisor 73185 88560 110085 Billing Specialist 54120 62423 72570 Billing Clerk 51968 58118 64575 Full Charge Bookkeeper 77490 87330 101475 Bookkeeper 67650 77183 86100 Credit Manager/Supervisor 98708 115928 135608 Credit and Collections Analyst 71340 82103 92865 Purchasing Manager 82410 100553 117773 Purchasing Assistant 52275 59348 68880 Inventory Analyst 59040 74415 88253 Inventory Clerk 48585 54735 66728

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Our starting salary projections come from a rigorous, multistep process so that our numbers accurately reflect the marketplace. They are based on actual compensation for professionals Robert Half has matched with employers across the country and third-party job posting data from Textkernel that we use to independently validate the salary levels. Starting compensation—pay for someone new to a role—can vary significantly based on a candidate’s skills, experience and certifications, as well as other factors including industry, company size and revenue, and demand for the role. To reflect this variability, we report our salary data in three levels: low, mid and high.