The Revenue and Collections Associate at Nexford University (NXU) will be the main be person responsible for consolidating and analyzing collections data, taking into account the company's goals and financial standing. Providing creative alternatives and recommendations to improve financial performance based on hard data. Assembling and summarizing data to structure sophisticated reports on financial status and risks.
Reporting to the FP&A Accountant, this person works with any and all personnel to assure timely and accurate recording of transactions and prepare reports necessary to support business decisions. The Collections Associate will be required to interface with operational managers.
The successful candidate will be assertive, very organized, professional, highly analytical, and capable of solving problems. They also are likely to need to demonstrate patience and resilience and be calm under pressure.
Job Responsibilities
Ensures achievement of monthly collections target and other KPI targets
Manages accounts receivable balance and contact customers before balances become overdue to confirm payments
Responsible for identifying accounts-at-risk and escalate for case management
In-charge of the preparation and sending of reminder letters, etc.
Drafts correspondence for standard past-due accounts and collections
Identifies delinquent accounts by reviewing files, and contacts delinquent learners to request payment.
Assists in generating monthly billing statements based on the general ledger
Works on process improvements by leveraging technology
Produces monthly reports on accounts receivable aging, revenue analysis, and forecasts. This will involve retrieving significant revenue-related data and cross-functional collaboration will be very important
Works with external accountants to ensure that we report bookings on a monthly basis and record revenue accurately
Reconciles transactions by comparing and correcting data
Maintains a database of all revenue reports by entering, verifying, and backing up data
Makes recommendations to improve the efficiency of processes and effectiveness of controls
Helps the FP&A Accountant guide revenue analysis process by establishing and enforcing policies and procedures; providing trends and forecasts; explaining processes and techniques; recommending actions
Required Skills and Qualities
Advanced Microsoft Excel and PowerPoint and high Tech literacy
Knowledge of Xero or similar accounting software is a significant plus
Excellent command of the English language is a must
Strong business sense, can-do attitude, high level of integrity, commitment, work ethic and values
Knowledge of financial planning principles and strategy, and highly analytical and data storytelling skills
Outstanding presentation, reporting and time-management skills
Proven knowledge of financial forecasting and diagnosis, and information analysis
Required Education and Experience
Bachelor's degree in a finance or business-related field of study
Has three to five years' experience in credit control and accounts receivables
Experience working in a fast-paced environment
Experience working in a global, virtual setting
Can work during the UK hours.
Compensation and Benefits
Work at a company with a social mission where you can make a real difference in the world
10 days paid vacation leave
10 days paid sick leave
12 days paid personal development time-off, after 6 months
Earn your MBA for free
50% discounted tuition on all Nexford courses for your family
Free access to LinkedIn Learning starting Day 1
A friendly global team
Contemporary collaboration tools
An entrepreneurial and highly stimulating environment
An environment where you will be technically and intellectually challenged
Working remotely.
About Nexford University
Nexford University is a next-generation university based in Washington DC offering a competency-based learning model. Nexford's mission is to enable greater social and economic mobility by providing an affordable high-quality education that will positively impact millions of lives around the world.
Nexford offers the following degrees and certificates: Associate of Applied Science in Business (AAS), Bachelor of Business Administration (BBA), MBA, nine undergraduate certificates and three graduate certificates in the field of business. Nexford provides learners with a fully online global education based on mastery of competencies relevant in the workplace. A global team of faculty and advisors support learning and professional success through the innovative use of technology, such as AI and machine learning.
For more information, visit
Nexford University
Other Info
Permanent
Full-time
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Nexford University
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