Job Title: Credit & Collections Specialist

Position Overview: Responsible for all aspects of credit, collections, and cash application functions. Ultimate objective is to minimize credit risk and to follow up on all accounts receivable to achieve a minimum amount of days sales outstanding in open accounts receivable.

Primary Responsibilities:

• Initiate all collection activities, follow-up and monitor results including written correspondence, telephone, fax, and e-mail with customers.
• Interface with sales, service, and logistics departments in resolving any accounts receivable issues, including initiating requests for billing adjustments and keeping the departments updated on any A/R collection issues.
• Establish and maintain credit and collection files and records.
• Apply all cash receipts (local deposits, lockbox deposits, and wire transfers) to the appropriate invoices on customers’ accounts.
• Process all credit card settlements from customers paying via credit card.
• Monitor credit lines
• Review international letters of credit and prepare bank guarantees
• Prepare commercial invoices.
• Process daily sales invoices.
• Perform all duties in accordance with company policy.
• Perform any other duties as deemed necessary by the company.

Position Requirements:

• Associate’s degree
• 3 - 5 years’ experience in credit and collections, including international credit/collections & review/processing of letters of credit & bank drafts
• Computer Literate with office productivity applications
• Good verbal and written (English) communication skills
• Self-Motivated
• Preferred but not required prior experience working in an Equipment/Scientific/Engineering Industry