Accounts Receivable (AR) Collection Specialist

The Accounts Receivable (AR) Collection Specialist is responsible for managing the collection of outstanding invoices from customers. This role involves tracking accounts, coordinating with clients to ensure timely payment, resolving issues related to overdue accounts, evaluating creditworthiness, and implementing strategies to minimize financial risk. The AR Collection Specialist plays a crucial role in maintaining healthy cash flow and ensuring the financial stability of the company.

Key Responsibilities:

• Collections: Contact clients regarding overdue invoices via phone, email, or written correspondence. Follow up on payment commitments and address any payment issues.
• Credit Management: Evaluate and monitor customers’ creditworthiness. Establish and review credit limits and terms based on risk assessments and payment history.
• Credit Risk Assessment: Conduct credit checks and analyse financial statements to assess potential credit risks. Recommend adjustments to credit terms or limits as necessary.
• Customer Relations: Build and maintain strong relationships with clients to facilitate smooth collections. Address and resolve any customer concerns or disputes related to billing and credit terms.
• Reporting: Prepare and present reports on account statuses, collection activities, and outstanding receivables. Provide insights into collection trends, credit risk, and areas for improvement.
• Compliance: Ensure compliance with company policies, accounting standards, and legal requirements related to collections and credit management. Maintain confidentiality and handle sensitive information with discretion.
• Collaboration: Work closely with the finance team and other departments to ensure accurate financial records and resolve any issues impacting collections and credit management.
• Process Improvement: Identify opportunities for improving the collections and credit management processes. Implement best practices to enhance efficiency and effectiveness
• Other: Perform other related month-end activities and tasks assigned by the Collection Manager

• Bachelor’s degree in accounting, Finance, Business Administration, or a related field preferred.
• Minimum of 3-5 years of experience in accounts receivable, collections, or a similar role.
• Strong understanding of accounting principles, credit management, and collection practices.
• Excellent communication and negotiation skills.
• Proficiency in accounting software (preferably Dynamics 365 Business Central) and Microsoft Office Suite.
• Detail-oriented with strong organizational and problem-solving abilities.
• Ability to handle multiple tasks and work under pressure.
• Professional demeaner with a strong customer service orientation.
• Self-motivated and able to work independently.
• High level of integrity and confidentiality.
• Proficient in English

• Hybrid working culture
• Medical and Health Insurance
• Dental treatment coverage
• Provident fund
• Learning & Development
• Paid time off

More stories, better told

Vizrt®️ is the world’s leading provider of innovative visual storytelling tools for media content creators in broadcast, enterprise, or new media – unlocking the power of a story for all. Vizrt offers market-defining software-based solutions for real-time 3D graphics, video playout, studio automation, sports analysis, media asset management, and journalist story tools. Vizrt offers Flexible Access to our workflows, and our platforms integrate with third-party products because we believe in enabling our customers’ success, giving them the right tool for the job, and accelerating their creative excellence.

More than three billion people watch stories told by Vizrt customers every day including from media companies such as CNN, CBS, NBC, Fox, BBC, Sky Group, Al Jazeera, NDR, ZDF, Network 18, Tencent, and many more. https://www.vizrt.com/vizrt

Recruitment Process for this role:

1. Recruiter Screening

2. Team Interview

3. Case/ Code Test

4. Final Interview