NEFCO supplies construction professionals and industrial customers with materials, services, and specialized solutions for building and infrastructure projects. Its product range includes abrasives, adhesives, electrical components, fasteners, hydraulics, pneumatics, lighting, material-handling equipment, and safety products. The company also supports projects with strut services, engineered supports, fastening solutions, and custom safety branding for applications such as structural bolting, plumbing, and electrical installation.
Accounts Receivable Specialist, Credit and Collections (Minnesota Remote)
Manage aged receivables, customer credit reviews, reconciliations, and collections reporting for NEFCO. Resolve payment issues, administer credit holds, and collaborate across departments to improve cash collection.
United States
Minnesota$52,000 – $56,000 / year
RemoteFull-timeMiddleSeniorEnglish RequiredAccounts ReceivableDescription
- Collect aged receivables from customers to accelerate payment of NEFCO accounts
- Apply NEFCO’s credit policy consistently across customer accounts
- Review existing customers’ credit daily and evaluate prospective customers’ creditworthiness
- Monitor and resolve outstanding payment issues while preparing monthly collections reports
- Provide customer support for collection-related inquiries
- Process refunds, account adjustments, credit memos, customer deductions, reconciliations, and small-balance write-offs
- Investigate and resolve customer discrepancies and short payments
- Coordinate with Cash Application, Sales Tax, Customer Service, Sales, senior management, and other internal teams to reconcile accounts and accelerate collections
- Manage customers placed on credit hold and keep credit files current
- Respond to credit-reference requests
- Recommend updates to credit policies to senior management
- Monitor customer creditworthiness and escalate reviews to management when needed
- Take part in daily huddles, weekly and monthly meetings, and accounts receivable projects including Avalara and Billtrust
- Achieve department goals and activity targets
- Review, correct, and approve direct reports’ timecards
- Review and approve PTO requests
- Complete assigned work and ad hoc tasks supporting the Accounts Receivable Department
Requirements
- No specific qualifications are stated in the provided posting.
- Performance is evaluated using measures including Days Sales Outstanding (DSO), electronic billing and payment rates, bad-debt write-offs, and implemented improvements.