Collections Analyst

Description

Summary: The Collections Analyst collects payments from delinquent customers, manages sales ledgers, and achieves accounts receivable reduction targets while reporting progress and enhancing collection systems. Highlights: 1. Manage collections and contribute to financial health 2. Engage in process improvement projects 3. Utilize SAP and develop financial skills The **Collections Analyst** is responsible for collecting payments from delinquent 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. **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. * Identify and escalate queries promptly and request credit notes as needed. * Clear cash accounts through transfers and manage direct debit failures. * Reconcile banking discrepancies accurately. * Allocate payments made via BACS, cheque, and credit card. * 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. **Basic Qualifications:** * 3\+ years of experience working in Collections teams * 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 an Inclusive and Belonging Culture** Ecolab is committed to fair and equal treatment of all employees and applicants, and to promoting equal employment opportunity principles. We will recruit, hire, promote, transfer, and provide development opportunities based on individual qualifications and job performance, in all aspects related to employment, compensation, benefits, working conditions, and growth opportunities. Ecolab will not discriminate against any employee or applicant on the basis of race, religion, color, creed, national origin, citizenship status, sex, sexual orientation, gender identity and expression, genetic information, marital status, age, or disability.