Credit and Collections Specialist

Verathon is a global medical device company focused on supporting customers by being their trusted partner, delivering high-quality products that endure over time and ensure clinical and economic utility. Two areas where Verathon has significantly impacted patient care, and become the market leader in each, are bladder volume measurement and airway management.

Verathon has an exciting opportunity on our Accounting Team for a Credit and Collections Specialist. This position will be responsible for the collection of aged receivables, evaluating credit risk of new customers, updating existing customer credit files, and addressing other credit related issues. Excellent organizational skills are a must.

* Assess credit risk for new customers based on company credit policy. * Review existing credit accounts as they exceed established limits. Request updated credit applications and update files. * Evaluate customer’s payment history and exercise judgment in applying the company credit policy for credit holds and prepayment requirements. * Provide management with information on credit issues related to notification of bankruptcy and bad debt issues. * Monitor shared email box to address credit issues in a timely manner. * Provide management with recommendations on accounts to be sent to collections in written narrative summary, detailing the account and collection history and including copies of all needed documentation. * Responsible for handling aged accounts receivable including, contacting customers to collect delinquent invoices and taking appropriate action to resolve underlying issues. * Respond to customer and sales representative’s inquires related to accounts receivable balances and invoices. * Contribute to a positive team environment. * Other duties as assigned by supervisor or manager

* Bachelor’s degree or equivalent experience, required * Successful collections background required. Ability to manage a large account volume. * Must be comfortable working in a fast paced environment. * Requires strong written and verbal communication skills. Ability to understand the value of our customers and strive to keep goodwill. * Advanced organizational skills a must. * Strong problem solving and analytical abilities. * Must have the ability to successfully function in a fast-paced team oriented environment. * Proficient computer skills required; ability to optimize performance and efficiencies utilizing systems such as MS Office Suite (Excel, Word, Outlook) * Skilled at resolving delinquent accounts to ensure the company’s cash flow is optimal. * Good understanding of credit agency reports, financial statements and their use for credit review and collection support. * Medical device industry experience a plus.