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A Collections Specialist is a professional who is responsible for resolving overdue bills and collecting payments from those who owe. They must ensure that they keep their employer's assets safe while also making sure those responsible for unpaid bills are contacted immediately. Post this job for free.
Job DetailsDaily follow-up with customers for EMI Payments. Day to Day calling to customers for collection updates. Must have experience in tele-collection process. Achieving target assigned by Operation on day to day basis.
What Do Collections Coordinators Do? Identify and communicate with customers with delinquent accounts by mail, phone, etc. Work out terms for payment or initiates other actions as necessary. Ensure collections operations function smoothly and effectively.
Collections Specialists are generally responsible for managing and collection all the outstanding accounts receivables form clients and customers. In addition, they may be responsible for other aspects of collections, resolve customer billing problems and reducing the amount of accounts receivables.
ResponsibilitiesMonitor accounts to identify outstanding debts.Investigate historical data for each debt or bill.Find and contact clients to ask about their overdue payments.Take actions to encourage timely debt payments.Process payments and refunds.Resolve billing and customer credit issues.More items...
Collections Specialist Interview Questions:How often would you follow up with clients?How would you keep track of payment records for each account?How would you handle an aggressive client?Can you give an example of a time you convinced a client to pay off debt?More items...
To ensure success as a collections officer, you should have excellent communication, negotiation, and mathematical skills, as well as attention to detail. A skilled Collections Officer should be able to reduce company losses by encouraging customers to pay their overdue bills.
The role of a collections specialist is to serve as the liaison between the creditors and consumers of a company. They are in charge of observing accounts to identify overdue payments, report collection activity, address client queries, and develop repayment plans. Also known as a collections agent.
How to become a collections specialistComplete your high school education. Employers often prefer to hire collections specialists with a minimum of a high school diploma.Gain call center experience.Learn to use Microsoft Office.Build your resume.Seek local positions for collections specialists.
Collections Specialists are generally responsible for managing and collection all the outstanding accounts receivables form clients and customers. In addition, they may be responsible for other aspects of collections, resolve customer billing problems and reducing the amount of accounts receivables.