Collections Analyst

Description

Summary: The Collections Analyst collects payments from delinquent customers, manages sales ledgers, achieves reduction targets, and enhances collection systems. Highlights: 1. Collect payments and manage sales ledgers for delinquent customers 2. Enhance collection systems and provide detailed reports 3. Support SOX compliance and optimize collections processes **Job Summary:** The Collections Analyst is responsible for collecting payments from delinquent US based customers, managing sales ledgers, and achieving monthly accounts receivable reduction targets. This involves reporting progress and issues to the collections leaders, assisting in enhancing Ecolab’s collection systems management, and providing detailed collection reports to the divisional business partners. Will be also responsible for reaching the established call targets and Maintaining right\-party contact expectations. if not possible, identifying new contacts in order to keep the contact database up to date. The associate will support SOX compliance controls and adhere strictly to departmental guidelines. Strong analytical skills are essential for data storytelling, identifying trends, and making informed decisions to optimize the collections process. **Responsibilities:** ===================== * Handle incoming and outgoing calls and emails for payment collection. * Update account statuses, including referrals, and transfer funds on accounts. * Follow up on received payments and pursue remittance details. * Provide copy documents and process write\-off requests. * Identify and escalate queries promptly and request credit notes as needed. * Help Chash app area clear cash accounts through transfers and manage direct debit failures. * Reconcile banking discrepancies accurately. * Allocate payments made via BACS, cheque, and credit card. * Analize Refund precedence for overpayments and credit balances efficiently. * Maintain high standards of system operation and data quality. * Produce team reporting and portfolio analysis as necessary. * Participate in projects aimed at improving the efficiency and effectiveness of Ecolab’s credit management processes. * Report monthly progress on activities, highlighting areas of concern to the collections leaders. * Offer assistance to the collections leaders when required. * Provide forecasting as needed, and ad hoc data analysis to support divisional business partners. **Basic Qualifications:** ========================= * 4\-year college degree * 2\+ years of experience working in credit, finance, accounting, customer service, and/or related technical or customer service field * Proficiency in SAP **Preferred Qualifications:** ============================= * Bachelor’s degree in finance, accounting, business or a related field * Intermediate proficiency in Microsoft Excel or Access, or the ability to be trained * Credit experience and/or customer service experience related to large corporate customers * Experience in Microsoft Office (Word, Outlook and Access) * Excellent organizational and time management skills, with the ability to manage multiple priorities and meet deadlines * Effective oral and written communication skills * Must have demonstrated initiative and ability to work independently * Self\-motivated and both detail and process\-oriented * Proven analytical and problem\-solving skills * Strong critical thinking and decision\-making skills **Our Commitment to a Culture of Inclusion \& Belonging** Ecolab is committed to fair and equal treatment of associates and applicants and furthering the principles of Equal Opportunity to Employment. We will recruit, hire, promote, transfer and provide opportunities for advancement based on individual qualifications and job performance in all matters affecting employment, compensation, benefits, working conditions, and opportunities for advancement. Ecolab will not discriminate against any associate or applicant for employment because of race, religion, color, creed, national origin,citizenship status, sex, sexual orientation, gender identity and expressions, genetic information, marital status, age, or disability.