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Products
AI JOB AD
Create compelling job ads in seconds with AI-powered assistance.
AI JOB FOLDER
Automate your candidate screening and folder management.
CAREER PAGE
Build your personalized career page with strong company branding to attract candidates and manage your job vacancy.
AJOBTHING REVIEW
Explore what employers love about AJobThing recruitment platform for fast & successful hiring
AJOBTHING CARE
Get dedicated after-sales support, hiring guidance, and personalized assistance to ensure your recruitment success.
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Collaborate with us to achieve mutual success and reach a wider audience.
Collection Specialist Job Description
A Collection Specialist is responsible for managing the collection of overdue payments from clients. They communicate with customers to resolve payment issues and negotiate payment arrangements. This role is essential for maintaining the organization’s cash flow.
Utilize this Collection Specialist job description template to find candidates who can manage debt collection processes effectively while ensuring strong customer relationships. Customize the requirements based on your organization’s needs.
Collection Specialist Responsibilities Include:
- Contacting clients to collect outstanding debts
- Negotiating payment plans and settlements
- Updating and maintaining accurate records of debt collection activities
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Job Brief
We are seeking a dedicated Collection Specialist to manage overdue accounts and ensure timely collection of payments. In this position, you will contact clients, assess account status, and establish payment plans to recover debts.
You will maintain detailed records of customer interactions and follow up on accounts to ensure resolution. Strong negotiation skills and the ability to maintain customer relationships are essential.
The ideal candidate should have experience in collections or customer service, with excellent communication and problem-solving abilities. This position offers an opportunity to positively impact our organization’s financial health.
Responsibilities
- Contacting clients to collect outstanding debts
- Negotiating payment plans and settlements
- Updating and maintaining accurate records of debt collection activities
- Preparing and sending collection letters and notifications
- Resolving client disputes and complaints
- Working with legal team on complex cases
- Monitoring and reporting on collection activities
- Identifying and implementing process improvements
- Providing excellent customer service
- Meeting collection targets and deadlines
Requirement
- Bachelor's degree in Finance or related field
- Minimum 2 years experience in collections
- Excellent communication and negotiation skills
- Strong attention to detail
- Ability to work under pressure
- Familiarity with debt collection laws and regulations
- Proficiency in MS Office and accounting software
- Ability to prioritize and manage multiple tasks
- Strong problem-solving skills
- High level of professionalism
Skills
- Strong communication skills
- Negotiation skills
- Attention to detail
- Problem-solving skills
- Ability to work under pressure
- Organizational skills
- Customer service skills
- Knowledge of debt collection laws
- Proficiency in MS Office
- Accounting skills