Credit and Collections Analyst
Vaco
Credit and Collections Analyst POST NUMBER: 463386
Credit&Collections Analyst
Regular Full-Time
Mahwah, NJ, US
TodayRequisition ID: 2128
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Salary Range:$70,000.00 To $80,000.00 Annually
Credit & Collections Analyst
Mahwah, NJ
Job Summary
The responsibility of the Credit and Collection Analyst is to maximize collections while minimizing
the days sales outstanding (DSO) in their credit region. Monitor the credit risk of each customer so as to
minimize bad debts. The representative will also service customers by working
with field representatives to resolve various credit-related customer issues.
Position Specifications
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) are utilized. Responsible for planning all collection
activities and follow-ups. Constant
monitoring of collections, adjustments, etc., to ensure maximum
collections.
- 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 in a prompt manner 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
Requirement:
· College
degree preferred, preferably in Business or related comparable experience.
· Healthcare
background preferred, SAP experience preferred.
· Minimum of 3 years 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
Vaco by Highspring values a diverse workplace and strongly encourages women, people of color, LGBTQ+ individuals, people with disabilities, members of ethnic minorities, foreign-born residents, and veterans to apply.
EEO Notice
Vaco by Highspring is an Equal Opportunity Employer and does not discriminate against any employee or applicant for employment because of race (including but not limited to traits historically associated with race such as hair texture and hair style), color, sex (includes pregnancy or related conditions), religion or creed, national origin, citizenship, age, disability, status as a veteran, union membership, ethnicity, gender, gender identity, gender expression, sexual orientation, marital status, political affiliation, or any other protected characteristics as required by federal, state or local law.
Vaco by Highspring and its parents, affiliates, and subsidiaries are committed to the full inclusion of all qualified individuals. As part of this commitment, Vaco by Highspring and its parents, affiliates, and subsidiaries will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact HR@vaco.com .
Vaco by Highspring also wants all applicants to know their rights that workplace discrimination is illegal.
By submitting to this position, you agree that you will be giving Vaco by Highspring the exclusive right to present your as a candidate for the foregoing employment opportunity. You further agree that you have represented information about yourself accurately and have not affirmatively misrepresented your qualifications. You also agree to maintain as confidential, to the fullest extent permitted by law, any information you learn from Vaco by Highspring about the position and you will limit disclosure of information about the position only to the extent necessary to perform any obligations in furtherance of your application. In exchange, Vaco by Highspring agrees to exercise reasonable efforts to represent you through all solicitation, job screening and resume dispersal.
Privacy Notice
Vaco by Highspring and its parents, affiliates, and subsidiaries (“we,” “our,” or “Vaco by Highspring”) respects your privacy and are committed to providing transparent notice of our policies.
- California residents may access Vaco by Highspring HR Notice at Collection for California Applicants and Employees here.
- Virginia residents may access our state specific policies here.
- Residents of all other states may access our policies here.
- Canadian residents may access our policies in English here and in French here.
- Residents of countries governed by GDPR may access our policies here.
Pay Transparency Notice
Determining compensation for this role (and others) at Vaco by Highspring depends upon a wide array of factors including but not limited to:
- the individual’s skill sets, experience and training;
- licensure and certification requirements;
- office location and other geographic considerations;
- other business and organizational needs.
With that said, as required by local law, Vaco by Highspring believes that the following salary range referenced above reasonably estimates the base compensation for an individual hired into this position in geographies that require salary range disclosure. The individual may also be eligible for discretionary bonuses.