Job Information
Philips Collections Specialist in Nashville, Tennessee
Job title:
Collections Specialist
Oversee a portfolio of key accounts ranging from $6 to $20 million, dependent on portfolio composition.
Communicate with clients who have past due balances to secure payments, payment commitments, and follow up on payment promises.
Achieve or surpass targeted cash collections metrics, aiming to reduce past due amounts, minimize bad debt exposure, and meet other quantitative objectives.
Take responsibility for reporting disputed or short-paid invoices, identifying root causes, and collaborating with internal departments to expedite resolution/payment.
Promptly escalate significant collection issues to management that may require special attention or additional support.
Requirements:
Possess at least 2 years of collections experience in business-to-business (B2B) collections, with a focus on customer service and retention.
Hold a degree in finance, commerce, business administration, or a related field, coupled with relevant work experience.
Preferably have experience with SAP, Oracle, or similar ERP accounting applications.
Demonstrate proficiency in Excel, particularly with VLOOKUP and pivot tables.
Familiarity with PCI (Payment Card Industry) and SOX (Sarbanes-Oxley Act) compliance standards within a collections environment is advantageous.
Experience in the healthcare or medical manufacturing sector is advantageous.
Hybrid way of working About Philips We are a health technology company. We built our entire company around the belief that every human matters, and we won't stop until everybody everywhere has access to the quality healthcare that we all deserve. Do the work of your life to help the lives of others.
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Learn more about our purpose.If you’re interested in this role and have many, but not all, of the experiences needed, we encourage you to apply. You may still be the right candidate for this or other opportunities at Philips. Learn more about our commitment to diversity and inclusion here. Additional Information US work authorization is a precondition of employment. The company will not consider candidates who require sponsorship for a work-authorized visa, now or in the future.Company relocation benefits will not be provided for this position. For this position, you must reside in or within commuting distance to Nashville, TN.
It is the policy of Philips to provide equal employment and advancement opportunities to all colleagues and applicants for employment without regard to race, color, ethnicity, religion, gender, pregnancy/childbirth, age, national origin, sexual orientation, gender identity or expression, disability or perceived disability, genetic information, citizenship, veteran or military status or a person’s relationship or association with a protected veteran, including spouses and other family members, marital or domestic partner status, or any other category protected by federal, state and/or local laws.
As an equal opportunity employer, Philips is committed to a diverse workforce. In order to ensure reasonable accommodation for individuals protected by Section 503 of the Rehabilitation Act of 1973, the Vietnam Veterans' Readjustment Act of 1974, and Title I of the Americans with Disabilities Act of 1990, applicants that require accommodation in the job application process may contact 888-367-7223, option 5, for assistance.
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