Lead impactful audit and collections processes at a dynamic organization. Enhance your expertise in payroll auditing and collections management. Collaborate with professionals to ensure financial compliance and integrity.
Audit And Collections Analyst
in Professional Services ContractJob Detail
Job Description
Overview
- The Audit and Collections Analyst will manage audit and collections activities efficiently, ensuring compliance with organizational policies and procedures.
- Handle confidential matters requiring comprehensive knowledge of organizational practices and Collective Bargaining Agreements.
- Support payroll auditing and collections processes, contributing to the organization's financial integrity.
- Collaborate with internal and external stakeholders, including attorneys and fund administrators, to resolve outstanding issues.
- Provide administrative support to legal teams for collection efforts and repayment agreements.
- Ensure accurate tracking and reporting of audit and collection activities in organizational databases.
- Act as a representative in negotiations with external parties to secure payments and services.
- Assist in identifying and addressing delinquent accounts, ensuring timely resolution and compliance.
Key Responsibilities & Duties
- Create and distribute audit announcement letters, maintaining accurate tracking records.
- Gather required documents for audits and monitor incomplete audit statuses.
- Process completed audits, notify employers of results, and address delinquent contributions.
- Review auditor invoices for accuracy and process payments for audits and delinquencies.
- Print and mail delinquency letters, assisting employers in resolving outstanding issues.
- Provide administrative support to attorneys for collection efforts and legal proceedings.
- Track accounts handled by legal counsel, updating statuses and ensuring compliance.
- Negotiate repayment agreements and refer delinquencies to attorneys as per guidelines.
- Assist in identifying employer overpayments and recommend actions to senior analysts.
Job Requirements
- Minimum of 3 years of experience in auditing or collections; 4 years preferred.
- Bachelor’s degree or equivalent experience preferred.
- Experience with Taft-Hartley Trust Funds or payroll auditing is advantageous.
- Strong written and verbal communication skills essential for effective collaboration.
- Ability to manage complex issues with a positive and cooperative demeanor.
- Proficiency in troubleshooting and resolving issues collaboratively with stakeholders.
- Demonstrated ability to negotiate terms and create repayment agreements.
- Knowledge of organizational policies, practices, and procedures is required.
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