Group Process Lead - Collections & Bad Debt

UL, LLC • Northbrook, IL • 6h ago

This is a full-time, hybrid (3 days a week on-site) at any of our US office locations. Northbrook or Chicago is preferred.

Proactively manages portfolio of bad debt cases utilizing Salesforce workflow software.

Communication with internal teams (Legal, Operations, Sales, Accounting, Cash Application, Customer Service, etc.) on problem resolution.

Knowledge of bankruptcy handling (Chapter 7 & 11) is preferred.

Ensure polices and procedures are followed in accordance with SOX controls.

Partners with collection agencies and attorneys to coordinate best practices in the pursuit of outstanding debt.

Provide guidance to Sales teams on bad debt requirements to reinstate customers once bad debts are paid in full.

Responsible for the coordination and withdrawal of files and multiple listings.

Performs special projects and other duties as directed.

Reconciliations of UL invoices pre and post-bankruptcy filing.

Update and change customer profiles and credit limit status through Oracle software.

Works with management to determine transaction effectiveness, metrics, and track

performance to bring about improvements in processes.

Works with Accounts Payable to process vendor payments.

Prepare reporting for other UL team members.

Performs special projects and other duties as directed.

Creation of purchase orders for third party collection agencies.

Manage bad debt recoveries with internal stakeholders.

Some University (equivalent to a US Associates' degree) in Accounting or related field

and generally, four years of collections, credit, billing experience. Knowledge in Accounting and

Financial systems with internal controls.

High degree of competency in MS office Suite, specifically Excel.

Good communication skills both written and verbal, problem solving, analytical ability, critical thinking and performing root cause analysis.

Works independently in a fast-paced environment. Requires good organizational skills.

Experience communicating with internal and external customers in a customer to cash environment.

What you'll experience working for ULS

UL Solutions has been pioneering change since 1894 and we're still leading the way. From day one, we've blazed a trail protecting the planet and everyone on it. Our teams have influenced billions of products, plus services, software offerings and more. We break things, burn things and blow things up. All in the name of safety science.

That's where you come in - because none of it could happen without you. It takes passion to protect people, problem-solving to safeguard personal data and conviction to make the world a more sustainable place. It takes bold ideas and brilliant minds to build a better world for future generations across the globe.

This is more than a job. It's a calling. A passion to use our expertise and play our part in creating a more secure, sustainable world today - and tomorrow. As a member of our safety science community, you'll use your ideas, your energy and your ambition to innovate, challenge and ultimately, help create a safer world.

Everyone here is unique. But we're also a global community, working together to help create a safer world. Join UL Solutions and you can connect with the brightest minds in the business, all bringing their distinct perspectives and diverse backgrounds together to deliver real change.

Empowering our customers to keep the world safe means thinking ahead. It means investing in training and empowering our people to learn and innovate. At UL Solutions, we help build a better future - one where everyone benefits.

Join UL Solutions to be at the center of safety. To learn more about us and the work we do, visit ? UL.com

Total Rewards: We understand compensation is an important factor as you consider the next step in your career. The estimated salary range for this position is $73,000 to $84,000 and is based on multiple factors, including job-related knowledge/skills, experience, geographical location, as well as other factors. This position is eligible for annual bonus compensation with a target payout of 10% of the base salary. This position also provides health benefits such as medical, dental and vision; wellness benefits such as mental and financial health; and retirement savings (401K) commensurate with the standard rewards offered in each individual location or country. We also provide full-time employees with paid time off including vacation (15 days), holiday including floating holidays (12 days) and sick time off (72 hours).

LI-SM3

LI-Hybrid

UL LLC has been and will continue to be an equal opportunity employer. To assure full implementation of this equal employment policy, we will take steps to assure that:

Persons are recruited, hired, assigned and promoted without regard to race, color, age, sex or gender, sexual orientation, gender identity, gender expression, transgender status, religion, creed, national origin, ethnicity, citizenship, ancestry, disability, genetic information, military or veteran status, pregnancy, marital or familial status, or any other protected category under applicable law.

UL, LLC

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