Senior Collection Specialist

3 Weeks ago • 2 Years +

Job Summary

Job Description

As a Senior Collections Specialist, you will be responsible for assessing complex credit applications, managing Business-to-Business account portfolios, optimizing collection strategies, and implementing process improvements to ensure effective credit management and operational efficiency. You will manage a portfolio of accounts, offer tailored solutions, and ensure high service standards. You will also validate customer creditworthiness, make credit policy decisions, and manage credit risks. You will be working in-person at least 3 days per week, as this is an office role.
Must have:
  • 2+ years of experience in Credit Risk Management or equivalent.
  • Bachelor's Degree in Finance, Accounting, Business Administration, or equivalent.
  • Knowledgeable in SAP, Excel (Pivot Tables, Data visualization and manipulation).

Job Details

Job Title

Senior Collection Specialist

Job Description

Senior Collections Specialist

As a Senior Collections specialist you are responsible for evaluating complex credit applications, managing Business-to-Business account portfolios, optimizing collection strategies, and implementing process improvements to ensure effective credit management and operational efficiency.


You are responsible for

  • Assessing complex credit and collections applications by analyzing financial data, supporting decision-making processes, and providing accurate recommendations.

  • Manage a large portfolio of moderately complex accounts, offering tailored solutions, maintaining strong client relationships, and ensuring client satisfaction and high service standards.

  • Oversee accounts receivable lean process improvements to enhance operational efficiency while maintaining high master data quality; manage unapplied cash and coordinate with collections to resolve unreconciled cash items.

  • Validate customer creditworthiness, make credit policy decisions, and manage credit risks through tools like insurance, letters of credit, and guarantees, ensuring effective credit management to support sales activities.

You are the right fit if:

  • You have 2+ years of experience in Credit Risk Management, Financial Analysis, Accounts Receivable Management, Contract Management, Collections or equivalent. .
  • You have a Bachelor's Degree in Finance, Accounting, Business Administration, Economics or equivalent
  • You are knowledgable in SAP, Excel (Pivot Tables, Data visualization and manipulation)
  • You posses conversational level of English.
  • You are a highly responsible, customer service-oriented individual who excels in teamwork, demonstrates strong interpersonal relationships, exhibits initiative, and is a fast learner.

How we work together
We believe that we are better together than apart. For our office-based teams, this means working in-person at least 3 days per week.
Onsite roles require full-time presence in the company’s facilities.
Field roles are most effectively done outside of the company’s main facilities, generally at the customers’ or suppliers’ locations.

This is an office role.
 

About Philips:

We are a health technology company. We built our entire company around the belief that every human matters, and we won't stop until everybody, everywhere, has access to the quality of healthcare that we all deserve. Do the work of your life to help improve the lives of others.

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About The Company

At Philips, we believe that every human matters. As a global health-tech leader, we focus on improving people’s health and wellbeing through meaningful innovation. The people who work here share our passion and are motivated to bring this purpose to life.For more than 130 years, we have been creating technologies and innovations that improve people's lives and support healthcare practitioners. Headquartered in the Netherlands and operating in more than 100 countries globally, we focus our advanced technology and deep clinical and consumer insights on Precision Diagnosis, Image Guided Therapy, Enterprise Informatics, Monitoring/ Connected Care, Sleep & Respiratory Care and Personal Health.Together, we deliver better care for more people because we believe that every human matters.

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