Essential Functions
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Help manage and lead a team that supports the Accounts Receivables and Collections business functions across the enterprise.
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Develop an expected cash receipt report for top clients and implement an early resolution collection strategy when payment falls outside expectations.
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Monitor average day sales outstanding (DSO) and develop strategies to reduce the DSO.
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Ensure the company’s collection policy and timelines are adhered to and that the team have the tools necessary to be successful.
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Set payment collection goals and targets for the department.
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Implement/support collection policies and procedures to avoid excessive outstanding credit.
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Ensure that the company policy on recoveries is followed and that it is in line with state and federal regulations.
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Negotiate with customers in cases when non-payment occurs.
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Prepare weekly feedback reports on payment collections.
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Remain informed of any legislative procedural training regarding debt collection.
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Lead and work on efforts to ensure accurate invoices are sent to clients.
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Lead and work on efforts to ensure accurate entry have been entered into the ERP system.
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Help resolve billing problems and/or ensure proper participation of team members.
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Manage reconciliation of all payments to bank records.
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Assist with billing, collections and payment application.
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Perform other related tasks as requested.
Education
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Bachelor’s in Business Administration, Finance or Accounting is preferred.
Experience
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3-5 years of experience in Accounts Receivables/Collection management required
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3 or more years of corporate level billing operations experience required; Workday financial billing experience preferred
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3 years of Revenue/Cost Assurance experience preferred
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1-3 years of project management experience preferred
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Experience working in the mortgage industry is preferred
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Prior leadership experience preferred
Essential Knowledge, Skills & Abilities
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Ability to research, define and analyze business problems.
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Knowledge of appropriate accounting practices to carry out the billing function in a professional manner.
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Ability to work both independently and collaboratively.
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Able to effectively communicate both verbally and in writing to accurately convey messages and influence others.
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Knowledge of ERP systems, preferably Workday.
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Knowledge and understanding of government regulations that impact business units such as FLSA & bankruptcy.
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Ability to develop quick, effective solutions to business challenges.
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Proficient with Windows Operating System, Outlook, Word, Excel, PowerPoint, Internet Explorer, Visio, and MS Project.
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Able to multi-task and prioritize tasks to meet deadlines.
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Commitment and ability to cultivate a diverse and inclusive work environment.
Compensation and Benefits
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Covius offers an extensive benefits package for all employees, including medical, dental, vision and 401k!
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Compensation: $61,040 - $76,300/year, with a 10% AIP opportunity
Application Guidelines:
For best consideration, please submit your resume and application materials by February 16, 2024. Review of applications will begin immediately.
Working Conditions
Work is performed in climate controlled indoor administrative office setting. The noise level in the work environment is usually quiet to moderate, depending upon office or meeting location.
Physical Demands
While performing the duties of this job, the employee is regularly required to communicate. The employee frequently is required to remain stationary. The employee is occasionally required to stand; walk; use hands to finger, handle, or feel; reach with hands and arms; stoop, kneel, crouch, or crawl. The employee must occasionally lift and/or move 10 pounds. Vision: Close and distance required with ability to see objects in presence of glare or bright lighting (e.g., computer screen). Speech/Hearing: able to effective and frequently interact with internal and external stakeholders.
Covius is committed to equal opportunity in all employment practices to all qualified applicants and employees without regard to race, color, religion, gender, gender identity, age, national origin, pregnancy, disability, genetics, marital status, military or veteran status or any other protected category as established by local, state and federal law. This policy applies to all aspects of the employment relationship including recruitment and hiring, placement, promotion, transfer, compensation, disciplinary action, layoff, leaves of absence, training and termination. All such employment decisions will be made without unlawful discrimination based on any prohibited basis.
The essential functions, working conditions and physical demands described above are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions of this position.
If you like wild growth and working with happy, enthusiastic over-achievers, you'll enjoy your career with us!
