Join Velocity Global Work From Home: Exciting Opportunity as a Collection Specialist. Graduate in Accounting & Finance, BCOM, MCOM, MBA candidate can apply for the post
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Complete details are given below:-
- Company – Velocity Global (work from home)
- Role – Collection Specialist
- Qualification – Graduate in Accounting & Finance, BCOM, MCOM, MBA
- Experience – Fresher-3years
- Location –Remote ( WORK from Home )
- Salary – 4 LPA – 8 LPA
ABOUT COMPANY
Velocity Global is a global professional employer organization (PEO) and employer of record (EOR) service provider. It offers international expansion and global employment solutions to companies looking to expand their operations and hire employees in foreign countries. Here are some key details about Velocity Global:
International Expansion Services: Velocity Global assists companies in expanding their operations to new markets around the world. It helps navigate the complexities of international employment, providing solutions to hire and manage employees compliantly and efficiently in different countries.
Global Employer of Record (EOR) Services: As an employer of record, Velocity Global becomes the legal employer for clients’ international employees, handling payroll, benefits, taxes, compliance, and other employment-related responsibilities. This allows companies to quickly and compliantly onboard employees in foreign jurisdictions without the need for establishing their own legal entities.
Professional Employer Organization (PEO) Services: Velocity Global’s PEO services enable companies to engage employees in foreign countries while maintaining control over their day-to-day work. Through co-employment agreements, Velocity Global takes care of employment-related tasks, including HR https://foundthejob.com/wp-content/uploads/2021/12/Madhya-Pradesh-MP-PEB-Group-2-Sub-Group-4-Various-Post-Answer-Key-2021.jpgistration, compliance, and payroll processing, while clients retain management and operational control.
Compliance and Risk Management: Velocity Global assists clients in navigating the complex landscape of international employment compliance and mitigating risks associated with global expansion. The company ensures compliance with local labor laws, tax regulations, and employment standards, helping clients avoid legal and financial pitfalls.
Global Payroll and Benefits Administration: Velocity Global manages payroll processing, tax withholding, and benefits https://foundthejob.com/wp-content/uploads/2021/12/Madhya-Pradesh-MP-PEB-Group-2-Sub-Group-4-Various-Post-Answer-Key-2021.jpgistration for international employees. This includes handling local statutory contributions, social security payments, and employee benefits to ensure accurate and timely compensation for employees.
Talent Acquisition and Onboarding: Velocity Global supports companies in finding and hiring talent in foreign markets. It can assist with candidate sourcing, recruitment, and onboarding processes, ensuring a smooth transition for new employees in different countries.
Scalable and Flexible Solutions: Velocity Global’s services are designed to be scalable and flexible, accommodating companies of various sizes and industries. Whether a company needs to hire a single employee or establish a global workforce, Velocity Global offers tailored solutions to meet specific needs and facilitate international growth.
Global Presence: Velocity Global operates in numerous countries and has a global network of partners, enabling it to provide services in over 185 countries. This extensive reach allows companies to expand their operations globally without the need to establish legal entities in each country.
Industry Recognition: Velocity Global has received recognition and awards for its services and industry expertise. It has been named one of the fastest-growing companies by Inc. 5000 and has received accolades for its innovative solutions in global expansion and employment.
Expertise and Support: Velocity Global has a team of experts in international HR, employment law, and global compliance. They provide guidance and support to clients throughout the entire employee lifecycle, ensuring a compliant and seamless experience for companies expanding internationally.
What You Will Be Doing As Collection Specialist ?
●Reaching out via email to past due clients for payment
●Monitor ACH direct debit rejections
●Respond to and solve Zendesk tickets with the SLA agreement.
●Reconcile accounts when clients dispute balance
●Participate in client meetings for existing clients and new clients.
●Assist with the month end process.
●Participate in weekly AR team meetings.
●Ongoing review of client credit reports.
●Process client refunds
●Provide clients with statements.
●Assist with any AR team projects.
●Provide weekly and monthly reports on all assigned clients and their status
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Skills Required for Collection Specialist
- Communication Skills: Effective communication is crucial in collections. You should have strong verbal and written communication skills to interact with customers professionally, negotiate payment arrangements, and explain payment terms and options clearly.
- Customer Service: A customer-centric approach is important in collections. You should have excellent customer service skills to build rapport with customers, handle difficult situations diplomatically, and maintain a positive attitude while working towards resolving outstanding payments.
- Financial Knowledge: Understanding financial concepts, such as credit terms, interest rates, and debt collection laws, is essential. A solid foundation in financial management helps you evaluate customer creditworthiness, calculate payment plans, and navigate legal requirements.
- Negotiation Skills: As a Collections Specialist, you will often negotiate payment plans and settlements with customers. Strong negotiation skills are required to find mutually beneficial solutions, secure commitments for payment, and effectively handle objections or disputes.
- Organization and Time Management: Collections involves managing a portfolio of accounts and handling multiple tasks simultaneously. Excellent organizational and time management skills are necessary to prioritize activities, meet deadlines, and maintain accurate records of communications and payment arrangements.
- Persistence and Resilience: Collections can be challenging, requiring persistence and resilience. You should have the ability to handle rejection, remain focused on goals, and pursue payment recovery while maintaining professionalism and empathy.
- Attention to Detail: Paying attention to details is vital in collections. You must review and analyze account information, identify discrepancies or payment discrepancies, and ensure accuracy in tracking payment histories and documentation.
- Problem-Solving Skills: Collections often involves resolving complex issues and finding solutions to overcome payment barriers. Strong problem-solving skills enable you to analyze account situations, identify underlying causes of delinquency, and implement strategies to facilitate payment recovery.
- Data Analysis: Analytical skills are valuable in collections to identify trends, patterns, and areas of improvement. Being able to analyze data related to payment patterns, customer behavior, and account performance helps in developing effective collection strategies and mitigating future delinquencies.
- Compliance Knowledge: Familiarity with applicable debt collection laws and regulations is important. Collections Specialists should understand their legal rights and limitations when contacting customers, ensuring compliance with fair debt collection practices.
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HOW TO APPLY FOR Velocity Global 2023 ?
To apply for the Velocity Global 2023 Off Campus Drive – interested candidates must follow the procedure outlined below:
- Click on the “Apply here” button provided below. You will be redirected to Velocity Global company official career page.
- Click on “Apply Online”.
- If you have not registered before, create an account.
- After registration, login and fill in the application form with all the necessary details.
- Submit all relevant documents, if requested (e.g. resume, mark sheet, ID proof).
- Provide accurate information in your application.
- Verify that all the details entered are correct.
- Submit the application process after verification.
INTERESTED CANDIDATES CAN APPLY THROUGH THE BELOW LINK
Collection Specialist – Remote(Work From Home)
Velocity Global – Frequently Asked Question?
What is the Velocity Global selection process?
The selection process will be based on a Written test followed by Technical and HR interviews.
What is the average salary for the post?
The average salary is 4 LPA – 8 LPA for the this role.
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DISCLAIMER:
The Recruitment Information Provided above is for Informational Purposes only . The above Recruitment Information has been taken from the official site of the Organization. We do not provide any Recruitment guarantee. Recruitment is to be done as per the official recruitment process of the company. We don’t charge any fee for providing this job Information.
