Lead Specialist Vendor Income

Job description

PRIMARY FUNCTIONLead daily collections activities to improve cash flow, reduce outstanding receivables, andminimize bad-debt exposure. Monitor and analyze vendor account balances and aging, follow upon overdue receivables, resolve payment disputes and queries, and partner across teams toensure timely collection and accurate reconciliation of outstanding items.L3 - PRINCIPAL DUTIES AND RESPONSIBILITIES• Monitor and analyze outstanding accounts receivable balances and aging to identifyoverdue, high-value, and high-risk vendor accounts and prioritize appropriate collectionactions.• Drive timely follow-ups with vendors to secure outstanding payments and ensureadherence to agreed payment terms.• Investigate and resolve payment disputes, deductions, partial payments, and othercollection-related queries by partnering effectively with vendors, VIEs, Buying teams, andother relevant stakeholders.• Support cash application and account reconciliation by identifying and resolving unappliedpayments, open items, account discrepancies, and other payment exceptions.• Drive reduction of aged receivables and bad-debt exposure by implementing effectivecollection strategies, strengthening follow-up mechanisms, and improving successfulrecovery rates.• Partners with cross-functional teams resolve open issues, strengthen controls, and identifyand address root causes contributing to delayed or unsuccessful payments.• Support technology transformation initiatives by providing process input,participating in testing, and enabling effective implementation.• Contribute to key projects and process improvements that streamline existingworkflowsJob Requirements• Bachelor’s degree required; business or accounting specialization preferred.• 2–4 years of experience in collections, accounts receivable, finance operations, cash applicationor related field• Strong written and verbal communication skills.• Ability to build and maximize relationships with partners, both internal and external.• Strong interpersonal skills with the ability to collaborate effectively across teams.• Strong Microsoft Office skills, with advanced Excel proficiency preferred.• Strong analytical, problem-solving, and decision-making skills.• Ability to work independently with a high level of initiative and accountability