We are looking for a Collections Specialist to oversee accounts receivable and ensure timely payment of outstanding balances. In this contract position, you will play a critical role in maintaining accurate financial records while delivering exceptional service to vendors and colleagues. This role is based in Elkridge, Maryland, and requires strong organizational skills, negotiation abilities, and a commitment to meeting deadlines.<br><br>Responsibilities:<br>• Monitor accounts receivable aging reports and proactively follow up on overdue balances.<br>• Negotiate payment terms with customers to facilitate timely resolution of outstanding accounts.<br>• Escalate severely delinquent accounts to management or external collection agencies as necessary.<br>• Maintain detailed and accurate documentation of all collection activities in the accounts receivable system.<br>• Review and recommend updates to internal procedures to improve accounts receivable operations.<br>• Act as a backup for processing daily customer payments to ensure seamless operations.<br>• Prepare and share reports on metrics such as Days Sales Outstanding, percentage past due, and collection effectiveness with management.<br>• Work collaboratively with vendors and colleagues to provide attentive and accurate service.<br>• Perform additional duties as assigned to support the team and organizational goals.
