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Commerical Collections/Accounts Receivable/DIRECT HIRE POSITION job in Norfolk, VA


Job summary

Commerical Collections/Accounts Receivable/DIRECT HIRE POSITION
Location: Norfolk, VA Category: Accounting & Finance
Status: Direct Hire Reference: US_EN_1_025402_10328255
Posted: July 24,2014 Salary: $38000 - $40000 Annually

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Job description

Responsibilities include but not limited to:

¿ Review Aged Receivable report on a weekly basis for past due accounts. Work with the Producer and Account Manager to collect past due balance.
¿ Review Credit on account report on a weekly basis for credits greater than 60 days. Work with Account Manager to either apply the credits or have the credit balance returned to the client.
¿ Prepare account reconciliation upon request for account manager, producer, or client.
¿ Discuss past due items with clients and arrange payment terms.
¿ Forward delinquent accounts to collection firm or attorney, and track progress.
¿ Prepare Dunning letter-Notice of Intent to Cancel for all accounts with past due balances.
¿ Initiate cancellations for accounts that have past due balances beyond 35 days.
¿ Use unpaid audit report as a collection tool to ensure that audits do not go past 30 days without being paid or collected.
¿ Prepare Unclaimed Property filing-work with AR Staff Accountant to ensure that proper statutory notices are filed.

Quarterly Duties:
¿ Prepare Quarterly Bad Debt Reserve calculation
¿ Prepare Quarterly Accounts Receivable reporting for corporate package



• 3-5 years of direct collections required; AS/BA/BS a plus
• Insurance Industry Experience is a plus
• Strong work ethic with a defined sense of urgency
• Organized self starter that works well in a team environment
• Strong attention to detail and retention of pertinent information
• MS Office and Excel proficiency required
• Knowledge of general accounting
• Accurate and Fast Data Entry
• Minimal domestic travel possible

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