WEX

Advanced Strategic Portfolio Recovery Agent

US - Remote

Sponsorship not specified$52k-$60kDetected 12 days ago

Account ManagementAccountingAuditingProcess ImprovementLeadershipCommunicationProblem SolvingCritical ThinkingPublic SpeakingAccounts Payable

About the role

About the Team/Role This role will play a pivotal role in managing the receivables operations for strategic accounts with intricate billing structures.
The position is instrumental in ensuring timely collection of outstanding accounts receivable, maintaining a healthy aging portfolio, fostering strong customer/client relationships and optimizing cash flow.
These statements are intended to describe the general nature and level of work being performed rather than give an exhaustive list of all duties and responsibilities.

Collaborate with clients to procure promises to pay, resolve payment discrepancies delinquencies, and establish mutually beneficial arrangements.
Deploy strategies to optimize collections processes, reduce outstanding balances, drive down the portfolio DSO and increase customer adherence with contractual payment terms.
Collaborate with sales and account management teams to align collections efforts with broader business strategies.
Identify and implement opportunities for process improvement in the collections workflow to enhance efficiency and effectiveness.
Implement best practices to streamline collections processes, reduce outstanding balances, and drive down the DSO.
Collaborate with internal stakeholders to streamline invoicing, payment, and reconciliation workflows.
Proactively identify and embrace opportunities to integrate AI and automation technologies into operational processes. This includes initiatives to drive scale, reduce reliance on manual processes, and mitigate operational risks.
Manage an accounts receivable portfolio and related processes for large, strategic customers with complex account structures and billing terms.
Build and maintain strong relationships with key strategic customers to facilitate prompt payments and resolve issues proactively; address inquiries, provide support, and ensure overall customer satisfaction.
This includes initiatives to drive scale, reduce reliance on manual processes, and mitigate operational risks.

Minimum Required Qualifications for Consideration
Bachelor's degree in Accounting, Finance or Business or the equivalent work experience 4+ years of progressive experience in accounts receivable.
Actual pay rates will vary and will be based on various factors, such as your qualifications, skills, competencies, and proficiency for the role.

$51,500.00 - $59,800.00
The base pay range represents the anticipated low and high end of the pay range for this position.
Non-sales roles are typically eligible for a quarterly or annual bonus based on their role and applicable plan.

include health, dental and vision insurances, retirement savings plan, paid time off, health savings account, flexible spending accounts, life insurance, disability insurance, tuition reimbursement, and more.

Responsible for complex monthly audits and account reconciliations of multiple off-cycle non-standard billing customers to ensure accuracy in receivables records and prevent embedded receivables.
Effective communication skills, both verbal and written, with the ability to interact professionally with customers and internal stakeholders.
For more information, check out the "About Us" section.

This listing is sourced directly from WEX's careers page and normalized into a canonical job model.