About the job
Please be advised that we will never ask for payment or bank account information throughout the recruitment process. As our teams expand, we encourage you to be vigilant against fraudulent job postings or recruitment activities that might misuse our company name and information. Please safeguard your personal information during any recruitment interactions. While Monks may reach out to potential candidates via LinkedIn, all applications must be submitted through our official website (monks.com/careers).
Join the expanding Finance team at Monks as a Junior Collections Analyst. We seek a motivated individual who can effectively prioritize their tasks in alignment with the team's goals. The successful candidate will be responsible for daily, weekly, and monthly activities including AR aging review, collections outreach, cash application, credit management, and reporting on customer collection activities.
Your responsibilities will include:
- Accurate cash application and ad hoc reconciliation
- Collaborating with Billing and Account Management teams to address disputes, discrepancies, collection efforts, and mitigation of credit risks
- Promptly responding to client inquiries
- Proactively managing collections through client outreach and education
- Monitoring AR activities daily for non-payments, delayed payments, and other irregularities
- Identifying and escalating significant collections issues promptly
- Driving key Credit & Collections responsibilities and initiatives
