Collection Coordinator Internship Apply
We are offering an exciting internship opportunity for a Collection Coordinator at LAWAZEM. As a Collection Coordinator Intern, you will have the opportunity to gain hands-on experience in managing collections, maintaining customer relationships, and ensuring timely payments. This internship will provide valuable insights into the field of finance and collection management.
Responsibilities:
Cash Postings:
- Daily postings of total company incoming checks and wire payments to customer AR accounts ( resolve any discrepancies ).
- Daily postings of credit card payments to customer AR accounts and reconciling batches to credit card processor statements.
- Daily remote deposit of checks.
- Research and reconcile customer accounts with open balances due to cash posting variances.
AR Collections:
- Review and mail/email invoices & monthly customer statements.
- Contact customers with current balances due and follow up with promises to pay made but not yet received.
Other duties:
- Monitor AR mailboxes and distribute/respond to emails as needed.
- Track customer collections activity and correspondence.
- Process customers credit memos.
- Recommend policies and/or procedures to management and implement approved procedures and/or changes.
- Attend and participate in biweekly AR huddles and accounting team meetings.
- Assist accounting team with tasks when needed.
- Maintain excel spreadsheets and reports on collection successes and issues.
- Maintain monthly past due tracking lists on the status of delinquent accounts.
Requirements
- Fresh graduate or less than one year of experience in Finance, Accounting, or a related field.
- Availability to do field work.
- Strong attention to detail and analytical skills.
- Proficiency in Microsoft Office, especially Excel.
- Excellent written and verbal communication skills.
- Ability to work independently and as part of a team.
- Ability to handle sensitive and confidential information.
- Fluency in Arabic and English.
