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We are looking for a detail-oriented Credit Specialist to join our team in Apple Valley, Minnesota. In this long-term contract role, you will play a pivotal part in managing and resolving negative account balances while ensuring compliance with established credit policies. This position offers the opportunity to work in the financial services industry, leveraging your expertise to address backlog issues and maintain operational efficiency.
Job Responsibility:
Review and analyze accounts to identify negative balances caused by Courtesy Pay transactions
Calculate fees and losses associated with negative accounts and process charge-offs accordingly
Manage general ledger entries and ensure proper documentation and transfer of financial data
Close accounts with negative balances and notify customers through formal communication channels
Verify open credit cards and assess limits to determine necessary account closures
Maintain accurate records in spreadsheets and generate letters to inform customers of account status
Support the team in catching up on backlog caused by increased negative accounts
Ensure consistent adherence to company policies and procedures regarding credit management
Collaborate with team members to streamline processes and improve efficiency in handling accounts
Perform additional duties as assigned to support the credit management function
Requirements:
At least 1 year of experience in accounts receivable, billing, or collections
Proficiency in Microsoft Excel and the ability to manage and update spreadsheets effectively
Familiarity with general ledger processes and account balancing
Strong analytical skills to calculate fees and losses accurately
Knowledge of credit management and collection practices
Ability to communicate professionally in written correspondence with customers
Basic math skills for financial calculations and account reconciliation
Attention to detail and commitment to maintaining accurate financial records
What we offer:
medical, vision, dental, and life and disability insurance