Accounts Receivable Collections Coordinator at LG Electronics

Englewood Cliffs, New Jersey, United States -

Full Time

Start Date

Immediate

Expiry Date

05 Feb, 26

Salary

65000.0

Posted On

07 Nov, 25

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Accounts Receivable, Collections, Customer Service, Payment Processing, Chargeback Management, Reporting, Documentation, Refund Processing, Dispute Resolution, Communication, Research, Analysis, Problem Solving, Team Collaboration, Efficiency Improvement, Order Reconciliation

Industry

Computers and Electronics Manufacturing

Description

Step into the innovative world of LG Electronics. As a global leader in technology, LG Electronics is dedicated to creating innovative solutions for a better life. Our brand promise, 'Life's Good', embodies our commitment to ensuring a happier life for all. We have a rich history spanning over six decades and a global presence in over 290 locations. Our diverse portfolio includes Home Appliance Solutions, Media Entertainment Solutions, Vehicle Solutions, and Eco Solutions. Our management philosophy, "Jeong-do Management," embodies our commitment to high ethical standards and transparent operations. Grounded in the principles of 'Customer-Value Creation' and 'People-Oriented Management', these values shape our corporate culture, fostering creativity, diversity, and integrity. At LG, we believe in the power of collective wisdom through an inclusive work environment. Join us and become a part of a company that is shaping the future of technology. At LG, we strive to make Life Good for Everyone. Summary Reviewing account status and following guidelines on monitor customer orders entered in the system; Control and maintain the collection of current and past due invoices; Research and investigate reason for non-payment and obtain necessary documentation/information to provide to customer/or related team to support collection. Research and determine validity for credit memo for refund processing; Manage collection of invalid chargebacks and work directly with merchant service provider in response to merchant chargeback as needed. Communicate with external and internal team to have credit memo processed to offset open account; Weekly reporting to management on outstanding issues including but not limited to aged unpaid invoices, chargebacks. Responsibilities Identify orders and its matching payment to reconcile the AR account Verification of duplicated charge and process refund as needed Monitor uncaptured payment transaction to re-process payment Process refund on return credit memo where it is applicable Matching and offset return/replacement order as needed Communicate with 3rd party service provider to obtain valid PODs and other required document for dispute process Dispute merchant chargeback with supporting documents Reporting to management on collection/dispute status Identify improvement area to enhance work efficiency and provide support on special project when it is assigned Qualifications Bachelor’s degree or High School Degree with 2+ years of relative work experience #LI-DR1 Recruiting Range $55,000—$65,000 USD Benefits Offered Full-Time Employees: No-cost employee premiums for you and your eligible dependents for competitive medical, dental, vision and prescription benefits. Auto enrollment with immediate vesting of competitive company matching contributions in a 401(k) Retirement Savings Plan with several investment options. Generous Paid Time Off program that includes company holidays and a combined bank of paid sick and vacation time. Performance based Short-Term Incentives (varies by role). Access to confidential mental health resources to help you and your loved ones improve your quality of life. Personal fitness goal incentives. Family orientated benefits such as paid parental leave and support for families raising children with learning, social, behavioral challenges, or developmental disabilities. Group Rate Life and Disability Insurance. Benefits Offered Temporary/Contractors: Eligible for the relevant benefit programs offered through our partner agencies. Privacy Notice to California Applicants At LG, we aspire to empower people and celebrate differences because we believe diversity will create the unexpected. We provide equal employment opportunity to all individuals regardless of their race, color, creed, religion, gender, age, sexual orientation, national origin, disability, veteran status, or any other characteristic protected by state, federal, or local law. Consistent with our commitment to providing equal opportunity and embracing diversity, LG has implemented affirmative action to ensure applicants are employed and employees are treated without regard to these characteristics. In addition to the above, LG believes that pay transparency is a key part of diversity, equity, and inclusion. Our salary ranges take into account many factors in making compensation decisions including but not limited to skillset, experience, licensure, certifications, internal equity, and other business needs. While we consider geographic pay differentials in final offers, because we operate in many geographies where applicable, the salary range listed may not reflect all geographic differentials applied.

Responsibilities

The Accounts Receivable Collections Coordinator is responsible for reviewing account status, maintaining the collection of invoices, and investigating non-payment reasons. This role also involves managing chargebacks and communicating with internal and external teams for effective collection processes.