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Wausau Supply Company · 1 day ago

Accounts Receivable Collections Specialist

Schofield, WI

Full-time

Onsite

Entry, Mid Level

2+ years exp

Wausau Supply Company, founded in 1947 and headquartered in Schofield, Wisconsin, is a 100% employee-owned company specializing in building materials distribution. The AR Collections Specialist will manage day-to-day accounts receivable functions and collections, evaluate customer credit risk, and collaborate with various departments to enhance cash flow and reduce receivables.

Building MaterialManufacturing

Responsibilities

Accurate application of customer payments via lockbox automation

Processing of daily invoices, statements, rebates and credits as needed

Responsible for collection of past due customer invoices and routinely report collection status to senior management

Conduct pre-sale credit risk evaluations and use sound judgment in recommending credit lines and determine whether holding or releasing shipments in relation to outstanding accounts is justifiable

Ability to work closely with sales operations to ensure credit and collection guidelines are adhered to and quickly resolve issues

Interpret customer financial information and credit reports to determine credit worthiness, advising them of payment terms and credit limits. Periodically review and adjust credit limits as needed

Negotiate with customers to arrange payment plans or to provide additionally required documentation to facilitate payment of outstanding receivables. Evaluate accounts on an ongoing basis to determine subsequent actions up to and including referral of account to an outside collection agency

Preparation and set up of new customers including gathering trade and bank references and all relevant tax exemption forms

Qualification

Accounts ReceivableCollectionsCredit Risk AssessmentAnalytical SkillsMicrosoft ExcelNegotiation SkillsCustomer ServiceCommunication SkillsTeam Collaboration

Required

Leader with two to five years in AR or collections with experience establishing credit limits, working with customers on collection issues and developing companywide credit and collection procedures

Personal qualities of integrity, credibility, and unwavering commitment to WSC's mission

Excellent analytical skills and knowledge of collections and credit

Possess solid collections, account analysis, and negotiation skills

Experience in assessing portfolio/customer risk and establishing appropriate credit limits

Strong process capabilities: ability to apply innovative approaches toward minimizing bad debt exposure and DSO reduction

Ability to work effectively in a cross functional team; demonstrated ability to partner with other departments to enable growth while managing overall receivables exposure

Excellent verbal and written communication skills

Excellent customer service skills

Experience in Customer Service or Accounts Receivable fields