Collections Specialist Addison, IL

Collections Specialist

We are looking for a detail-oriented Collections Specialist to support accounts receivable activities for a wholesale distribution organization in Addison, Illinois. This long-term contract position focuses on managing aging accounts, processing customer payments, and helping reduce portfolio backlogs while maintaining accurate financial records. The ideal candidate is comfortable working with reconciliations, understands core accounting concepts such as debits and credits, and can use Excel for basic tracking and reporting.

Responsibilities:

• Review outstanding customer balances and follow up on overdue accounts to improve collection results and reduce aging exposure.
• Assist with maintaining and analyzing aging reports to identify payment trends, priority accounts, and past-due balances.
• Apply and process credit card payments accurately while ensuring transactions are recorded in the appropriate accounts.
• Perform light account reconciliation work to resolve discrepancies between customer balances, payments, and account activity.
• Support efforts to address a backlog of assigned portfolios by organizing collection activity and documenting follow-up actions.
• Work closely with accounts receivable processes to post cash activity and help keep customer accounts current and accurate.
• Verify financial entries by recognizing the proper treatment of debits and credits during collection and reconciliation tasks.

The salary range for this position is $22 to $29/hour, plus bonus. Benefits are available including medical, vision, and dental, and life and disability insurance. Employees hired for our FTEP Program are also eligible to enroll in our company's 401(k) or deferred compensation plan (if eligible). FTEP employees also earn paid time off for vacation, personal needs, and sick time and paid holidays.

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