Collections Specialist

We are accepting applications for a Collections Specialist role in the Wholesale Distribution industry. The role is located in Markham, Ontario and provides a contract employment opportunity. The selected candidate will be responsible for managing collections processes, ensuring timely recovery of debts, and maintaining accurate records of collections activities.

Responsibilities:

• Oversee the collections process with a focus on reducing the company's accounts receivable and minimizing debt exposure.
• Regularly communicate with accounts that are overdue and work towards resolving payment discrepancies and disputes professionally.
• Develop and implement strategies to improve the debt recovery rates.
• Collaborate with clients experiencing financial difficulties to negotiate payment arrangements.
• Maintain records of collections activities and client communications updated and accurate.
• Work with sales and customer service teams to address client concerns and ensure timely payments.
• Analyze aging reports to identify accounts that require escalated collections efforts.
• Regularly update management about collection activities and results.
• Perform any other duties assigned with regard to the collections process.