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SalaryRegency develops people while serving clients and impacting communities. We value the whole person and are eager to help you succeed in your role, in your career, and in your relationships. Join a team with over 40 years of experience making lighting and electrical easier for clients like Disney, Lucid Motors, Marriott, Walmart, Kroger and Kohl’s.
As a Regency Senior Credit and Collections Specialist, you'll play a key role in minimizing our AR exposure through strategic, consistent, professional, legal, B2B collection efforts and extending of credit limits. The C&C Specialist will also ensure company risk is mitigated through establishing appropriate credit limits for customers and filing liens when necessary while maintaining a high level of compliance with audit requirements, company policy, and state-specific regulations.
RESPONSIBILITIES
Credit:
- Review DNB and Credit Application
- Review the Bank and Trade References and follow deposit or preliminary notice requirements as needed
- Establish credit limits and escalate requests for higher limits as appropriate
Collections:
- Make collection calls to all customers (contractors and non-contractors)
- Call customers for updates on payments
- Document in a clear and concise manner all collection activities
- Identify what might be bad debt early on
- Assist other Collectors with Demand Letter
- Assist in reconciliation of larger accounts
- Negotiate payment terms when necessary
- Discuss and Manage Payment Plans
- File liens when necessary following requirements by state/jurisdiction
- Review Accounts on Net terms
- Send invoices
- Update Customer Maintenance screen when needed.
Miscellaneous:
- Interact with company systems to:
- Review and release orders in a timely manner, following up as necessary with internal personnel.
- File Prelims in Levelset to maintain company position.
- Prioritize focus on the Order Release Portal as month end closes.
- Provide guidance to other collectors and service teams as necessary in a professional and effective manner.
- Make daily bank deposits
- Other tasks and duties as assigned
QUALIFICATIONS.
- Min. 3 years’ experience with effective collections and lien processing in construction industry
- Working knowledge of lien process in CA preferred
- Ability to collect on difficult accounts while maintaining customer relationships
- Effective listening and communication skills
- Effective problem-solving skills
- Ability to analyze situation and propose solutions
- High attention to detail
- Effective organization skills
- Consistency, tenacity, follow-through
- Proven ability to establish positive relationships with internal team and customers
- Ability to accurately calculate figures and amounts for tasks related to payment terms, AR balances, etc.
- Proven customer service skills
- Proficiency with MS products, with emphasis on Excel and Outlook
The likely base annual salary range for this position is $55,000 - $85,000, this is not, however, a guarantee of compensation or salary. Individual pay is determined by factors including job-related skills, experience, and relevant education or training.
Regency Supply is an electrical distributor in Chatsworth and is expanding throughout California. Regency has a dynamic environment and offers a full range of benefits, including medical, dental, vision, EAP, 401(k), paid holidays, birthday time off, vacation & sick time.
Regency Supply is an Equal Opportunity Employer. Opportunities are available to all applicants without regard to race, color, religion, sex, pregnancy, national origin, age, physical and mental disability, marital status, sexual orientation, military and veteran status, and any other characteristic protected by applicable law.
