Vaco Recruiter Services
Credit & Collections Analyst
Regular Full-Time • Mahwah, NJ • Requisition ID: 2128 • Salary Range: $70,000 - $80,000 annually
Job Summary The responsibility of the Credit and Collections Analyst is to maximize collections while minimizing the days sales outstanding (DSO) in their credit region. Monitor the credit risk of each customer to minimize bad debts. The representative will also service customers by working with field representatives to resolve various credit‑related customer issues.
Essential Functions
Collect all receivables in the portfolio assigned on a timely basis to improve cash flow and DSO. Generally, the goal is to not exceed 30 days beyond credit terms for all invoices. Extensive use of correspondence (email, telephone, letters, and faxes) is utilized.
Obtain and interpret credit reports, financial statements, and other financial or accounting‑related information related to the extension of credit. Conduct bank and trade references. Propose a credit limit based on your investigation.
Monitor customer credit lines and credit line dates. All active customer credit files should have an approved credit line date not older than one year.
Maintain customer correspondence to ensure the highest level of customer satisfaction. Daily customer communications are received/sent. All customer requests are handled promptly to ensure customer satisfaction.
Maintain accurate collection notes in the operating system. These are the historical records of all collection activity and must be recorded as they occur.
Assist the credit manager in accomplishing special projects as required.
Assist in solving various problems with both customers and Mindray personnel in order to facilitate payment.
Knowledge / Educational / Experience Requirements
College degree preferred, preferably in Business or a related field.
Healthcare background preferred, SAP experience preferred.
Minimum of 3 years of strong collection experience.
Mindray North America offers an attractive compensation and benefits package plus an exciting professional environment. Only those who meet our requirements will be contacted. Mindray North America is an equal opportunity employer (M/F/D/V).
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Job Summary The responsibility of the Credit and Collections Analyst is to maximize collections while minimizing the days sales outstanding (DSO) in their credit region. Monitor the credit risk of each customer to minimize bad debts. The representative will also service customers by working with field representatives to resolve various credit‑related customer issues.
Essential Functions
Collect all receivables in the portfolio assigned on a timely basis to improve cash flow and DSO. Generally, the goal is to not exceed 30 days beyond credit terms for all invoices. Extensive use of correspondence (email, telephone, letters, and faxes) is utilized.
Obtain and interpret credit reports, financial statements, and other financial or accounting‑related information related to the extension of credit. Conduct bank and trade references. Propose a credit limit based on your investigation.
Monitor customer credit lines and credit line dates. All active customer credit files should have an approved credit line date not older than one year.
Maintain customer correspondence to ensure the highest level of customer satisfaction. Daily customer communications are received/sent. All customer requests are handled promptly to ensure customer satisfaction.
Maintain accurate collection notes in the operating system. These are the historical records of all collection activity and must be recorded as they occur.
Assist the credit manager in accomplishing special projects as required.
Assist in solving various problems with both customers and Mindray personnel in order to facilitate payment.
Knowledge / Educational / Experience Requirements
College degree preferred, preferably in Business or a related field.
Healthcare background preferred, SAP experience preferred.
Minimum of 3 years of strong collection experience.
Mindray North America offers an attractive compensation and benefits package plus an exciting professional environment. Only those who meet our requirements will be contacted. Mindray North America is an equal opportunity employer (M/F/D/V).
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