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Credit & Collections Team Lead

Credit & Collections Team Lead

Location: White Plains, NY | 70K-80K Base + Bonus + Benefits

In Stock

We are currently recruiting for a Credit & Collections Team Leader in White Plains, NY with Insurance industry experience.  The Credit & Collections Team Lead are responsible for booking and allocating cash in the sub-ledger system of record and assist with maintaining the Cashbook Bank Reconciliations. As the Team Lead you will also assist with Aged Debt reporting by contacting our brokers for collection of past due premiums. 70K -80K Base + Bonus + Benefits Package

Responsibilities:

  • Ensure timely payments and receipts of broker invoices regarding insurance contracts
  • Maintain Sub-ledger to Bank Reconciliation files
  • Develop and manage strong relationships with brokers to facilitate timely and accurate cash receipts & disbursements
  • Troubleshoot data reconciliation and variance issues with operations
  • Resolve unallocated cash issues
  • Provide monthly Bank Reconciliations for multiple accounts including Foreign Currency Accounts
  • Support the intercompany transfer process
  • Manage the aged debt, GAAP provision, and unallocated cash analysis
  • Work with Third-Party Collection Agency to submit, track, and report trends regarding policies placed with the agency
  • Ability to work on and resolve complex problems, and partner with internal teams in Claims, IT, Accounting, Underwriting and Operations departments
  • Achieve qualitative and granular understanding of accounts and reported balances
  • Provide Information for all EY Audit Requests, premium confirmation letters and support for all requested balances
  • Support development, maintenance and distribution of accurate reporting
  • Manage project requests and process improvement projects

Requirements:

  • 5+ years of Accounts Receivable and Cash Accounting experience
  • 1-3+ years P&C Insurance Industry experience
  • 1+ years in a supervisory capacity is required
  • Bachelor’s degree in Accounting or Business Administration required
  • Must have proficiency with Microsoft Office Suite, Expert Level Excel Skills Required (Pivot Tables, V-Lookups, etc.)   
  • CD/SAP experience preferred
  • Proven track record of success with managing a high volume of daily transactions
  • Experience calculating profit commissions preferred
  • Understanding of accounting procedures, internal and external reporting and variance analysis
  • Excellent verbal and written communication skills required
  • Detail oriented, organized, and strong problem solver with strong analytical skills

70K -80K Base + Bonus + Benefits Package

Local candidates only. No relocation. No sponsorship.

To apply email resume to mo@bellwetherstaffing.com