Collections Specialist

About the Position

Collections Specialist - 9-12 months Contractor role

At Nielsen, we are passionate about our work to power a better media future for all people by providing powerful insights that drive client decisions and deliver extraordinary results. We are currently seeking a Collections Specialist for a 9-12 month contractor role to join our team. This role focuses on managing the end-to-end revenue collection cycle, ensuring that customer payments are received accurately and on time to optimize company cash flow.

Responsibilities

• Portfolio Management: Regularly monitor assigned customer accounts for overdue payments and aging debt.
• Collection Activities: Contact customers via phone or email to secure payment and negotiate repayment plans for delinquent accounts.
• Dispute Resolution: Investigate and resolve billing discrepancies, short payments, or pricing issues by coordinating with sales and billing departments.
• Cash Application: Work with the Cash Application team to apply received payments (bank transfers, checks, electronic payments) to the correct customer invoices in the system.
• Account Reconciliation: Match incoming payments against outstanding invoices and resolve unapplied or unidentified cash items.
• Credit Monitoring: Assist in evaluating customer creditworthiness and managing credit hold reports to mitigate financial risk.
• Reporting: Prepare regular reports on Cash Target Settings, AR Reconciliation files, Payment Reconciliation analysis.

Requirements

• Educational Background: Typically requires a bachelor’s degree in finance, Accounting, or Business Administration.
• Technical Proficiency:
  • Advanced knowledge of ERP systems like SAP, Oracle, or NetSuite.
  • Proficiency in Microsoft Office, particularly Excel for data analysis and reporting.
• Soft Skills:
  • Strong negotiation and persuasion skills for collecting overdue debt.
  • Excellent written and verbal communication for professional stakeholder interaction.
  • High attention to detail for accurate ledger maintenance and reconciliation.
• Experience:
  • Overall Experience should be 3 to 5 years.
  • Relevant Experience in AR Collections should be 2 to 4 years.
  • Prior experience working with SAP (S4/ECC) or a similar large ERP platform is an added advantage.

We Offer

• Opportunity to work with a leading global media and data analytics company.
• Be part of a dynamic team committed to excellence and making an impact.
• Professional growth and development opportunities.

About the Company

At Nielsen, we are dedicated to capturing audience engagement with content - wherever and whenever it’s consumed. Our talented, global workforce is rooted in our deep legacy as we stand at the forefront of the media revolution. When you join Nielsen, you will join a dynamic team committed to excellence, perseverance, and the ambition to make an impact together. We champion you, because when you succeed, we do too.

Additional Information

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