Collection Analyst Job Description
Collection Analyst Duties & Responsibilities
To write an effective collection analyst job description, begin by listing detailed duties, responsibilities and expectations. We have included collection analyst job description templates that you can modify and use.
Sample responsibilities for this position include:
Collection Analyst Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Collection Analyst
List any licenses or certifications required by the position: ASC, CBF, CBA, NACM, CCP, JQS, OJT
Education for Collection Analyst
Typically a job would require a certain level of education.
Employers hiring for the collection analyst job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and University Degree in Business, Accounting, Finance, Economics, Education, Business/Administration, Technical, Communication, Healthcare, Intelligence
Skills for Collection Analyst
Desired skills for collection analyst include:
Desired experience for collection analyst includes:
Collection Analyst Examples
Collection Analyst Job Description
- Assist in providing weekly/ monthly AR reports
- Proactively contact customers concerning collections of past due receivables and determine reasons for non-payment
- Monitors assigned portfolio of customers to mitigate loss exposure by ensuring each assigned customer is in full compliance with their approved credit lines
- Responsible for customer account reconciliation and identifying and tagging disputed items within assigned portfolio
- Support Manager in managing the debt collection team at BASC for Asia Pacific
- Support Manager in personnel recruitment and development, performance review and evaluation and succession plan
- Allocation of personnel resources in assigned team to ensure smooth operation and operational efficiency and effectiveness , definition of and ongoing monitoring of team-internal back up standards, ensure adjustment of defined standards if necessary
- Organize on the regular basis team meetings and team events to improve team performance and promote team spirit
- Support and coordinate with team Specialist in knowledge build up, training organization and process improvement for the team under management
- Responsible for maximizing the timely collection of unpaid customer items( invoices, credit notes, deductions ), while minimizing overdue accounts, write offs, and credit holds which could in turn stop sales
- Experience shaping targeting methodology for multiple counter-terrorism and hard targets
- Demonstrated ability to analyze current and emerging intelligence issues related to a variety of topics as well collection strategy development and execution
- Demonstrated experience with Operational Cable Databases such as EMS
- Demonstrated experience with Computer Network Exploitation Analysis tools and data, Digital Forensics Analysis tools experience with Data and Applied Analytical Methodologies
- Must have less than 3 years of relevant experience
- Prior experience with ERP tools and systems (Salesforce and Great Plains a plus)
Collection Analyst Job Description
- Responsible for all the monthly reporting of the aged debt within the department, and the communication of this between the US and the local business
- Close cooperation with Customer service and Master Data team
- Verification of Master data requests - customer change
- Balance confirmation with customers
- Support of the team members when needed ( as assigned by the supervisor)
- You will lead communication with a key customer portfolio developing trusted relationship
- You will listen carefully to the customer challenges and identify solutions on how to drive payment behavior
- You will advise the Credit Analysts, Sales, Account Management teams on collection risks
- Review monthly aging reports to analyze at risk accounts
- Effectively and efficiently collect on commercial advertising accounts via collection calls, letters and emails
- 12+ years of work experience with a Bachelor’s Degree
- At least Bachelor degree in accounting/finance/business, or communication/psychology accomplished with business studies
- Minimum 5 years progressive working experiences with at least 2 years in team lead position in accounts receivables or finance delivery services at share service centres or in debt collection agencies
- Ability to operate in a fast-paced dynamic environment, multi-task, organize and
- If the applicant has multiple degrees, one of the degrees should be Technical or Scientific in nature
- Ten (10) or more years of professional experience with National and/or DoD ISR systems engineering
Collection Analyst Job Description
- Reviewing aged receivable balances for accuracy and collectability
- Coordinating appointments May analyze procurement and FBAP information relating to movement of unplanned freight
- May be required to work designated off-shift/weekend coverage, including holidays
- You will facilitate challenges solutions by involving other HP teams in working with the customer
- Operate signal intelligence equipment and prepare logs/reports
- Search the radio frequency spectrum to analyze target communications, categories and foreign signals
- Perform basic signal analysis to determine signal parameters
- Adopting any delegation and use of project assurance roles within agreed reporting structures
- Preparing and maintaining project, stage and exception plans as required
- Monitoring overall progress and use of resources, initiating corrective action where necessary
- Evaluate Tactical, Theater and National ISR capabilities to meet Navy's afloat requirements
- Develop collection strategies for support to TENCAP and Navy funded research and development projects
- At least 2 years in credit, collections or customer services experiences is preferred
- Strong verbal and written communications skills in both Chinese and English
- Minimum of 5-7 years proven leadership ability
- HS Diploma/GED and 3 (three) years related business experience (accounting/financial) or AA and 2 (two) years work experience
Collection Analyst Job Description
- Liaison with appointed project assurance representatives to assure the overall direction and integrity of the project
- Adopting and applying appropriate technical and quality strategies and standards
- Managing project administration
- O2C
- Reviews patient accounts for accuracy prior to placement to outside collection vendors
- Reviews remits and submits insurance billing requests where applicable during account review process
- Reviews bad debt, bankruptcy, and deceased patient accounts to ensure that accounts follow appropriate collections and billing protocols according to SSC and corporate policy
- Reviews correspondence in the CWF system and takes appropriate account and document action
- Reviews and authorizes affidavits related to patient billing, as applicable
- Reviews aged accounts placed with outside collection vendors to ensure collection activity is still viable and appropriate
- Prior experience in negotiating with various levels of internal and external management is highly preferred
- Working knowledge of FIS, Walker and web-based collection systems preferred
- Ability to effectively handle multiple tasks with limited supervision while being held accountable for productivity and financial results
- Proven track record in effectively identifying and resolving customer problems in a timely and efficient manner
- Demonstrated written and verbal communication skills to large audiences
- Ability to work in a fast paced business environment while maintaining a high degree of integrity and professionalism with the customer base
Collection Analyst Job Description
- Responds to requests which include researching payments, contractual adjustments, payment arrangements, audits
- Maintains and reviews all invoice reconciliations and ensures any issues are resolved in a timely manner
- Ensures vendor inventories reconcile to SSC systems by completing recons and updating I-Plans and or placements as needed by the end of each month
- Handles inquiries regarding estate and bankruptcy accounts from patients and/or vendors
- Assist with the Medicaid Eligibility vendor reconciliation, as requested.Manages the onboarding and termination process for vendors
- Maintains all agency reports, remits, to meet with the corporate retention schedules
- Handles all calls
- Works CWF Bankruptcy queue to ensure account is flagged as bankrupt and assigned to agency
- Work the agency acknowledgement and close and returns pools or through reports (if applicable)
- Maintains agency reports and invoices within the corporate retention schedule
- Knowledge of advanced search and dissemination with rules and strategies, NGDS-discovery services, GIN creation, GIN modification and approval, tasking dashboard, geospatial dashboard, supplier management, OOI target creation, OOI query, OOI modification, OOI management, AGI search, virtual file folders, or UIM-approved product holdings search
- Must be fluent (native proficiency) in languages of markets covered - English and Polish
- Business Administration, Accounting, Finance Degree or equivalent
- 1+ years experience in credit, accounting or related field, including experience of reconciliation processes and procedures
- Good technical aptitude and systems acumen
- Experience writing formal deliverables conducting independent research on time-sensitive tasks and providing high-level briefings to a mature audience