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Collections Specialist

Company: Methode Electronics, Inc.
Location: Chicago
Posted on: November 22, 2021

Job Description:

Methode Electronics, Inc. (NYSE: MEI) is seeking a highly motivated individual for a position as a Collections Specialist. You will be part of the U.S. Accounting Shared Services group based in Chicago, IL, and be responsible for working with customers to ensure open invoices are paid within the due dates in order to keep their accounts in good standing. You will also work with the internal team to ensure company policies and procedures are adhere to and provide reporting on significant outstanding receivables and customer issues.Methode requires all new hires to be fully vaccinated against COVID-19 but will make reasonable accommodations for those who cannot receive a COVID vaccination due to a disability, a religious reason, or pregnancy.Responsibilities:* Make outbound collection calls in a professional manner while keeping and improving customer relations

* Email Customer Statements to encourage payment of delinquent accounts

* Email documents (invoices/credit memos) to customers and follow up

* Reviewing open accounts for collection efforts

* Review and monitor assigned accounts and all applicable collection reports

* Identify issues attributing to account delinquency and discuss them with AR management

* Prepare Package for New Customer/Credit Limit review for AR Manager to review

* Run Credit Reports through D&B portal

* Resolve billing issues in order to release orders on hold

* Resolve customer credit issues

* Resolve client-billing problems and resolve accounts receivable delinquency, applying good customer service tactics in a timely manner

* Process payments and refunds

* Identifying remittance details through Payments Inbox

Qualifications:* 5+ years of relevant experience

* Good understanding of credit fundamentals are required

* Experience with publicly-held companies, manufacturing industry is a plus

* Good Excel skills (Pivot tables, Lookups, etc.) is a plus

* Hands-on, hard-working, detail-oriented

* Thrives on change, creative ideas, and working with teams

* Pro-active, energetic, results-driven

* Effective communicator, in person and in writing

* Continuous improvement, learning, and self-development mentality

* Ability to interact with employees and third parties in a professional manner

* Where permitted by applicable law, must be fully vaccinated against COVID-19, if not currently employed by Methode Electronics, Inc. (subject to reasonable accommodation for those who cannot receive a COVID vaccination due to a disability, a religious reason, or pregnancy)

Methode Electronics is an equal opportunity employer. We evaluate qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status, genetic information and other legally protected characteristics. The EEO is the Law poster is available here: EEO Poster, if you need a reasonable accommodation because of a disability for any part of the employment process, please send an e-mail to or call and let us know the nature of your request and your contact information.

Keywords: Methode Electronics, Inc., Chicago , Collections Specialist, Accounting, Auditing , Chicago, Illinois

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