Audit & Collections Specialist

First Bancorp
United States
Workplace: OnsiteFull timeFunction: Finance & AccountingExperience: 1-2 yearsEducation: high_schoolSkills: ["Customer service","Interpersonal communication","Analytical thinking","Organizational skills","Attention to detail"]

Drive dealer collections by identifying delinquencies, resolving past-due accounts, and mitigating company financial exposure. Coordinate field audits and third-party verifications, manage audit schedules, and maintain accurate records for receivables and account changes. Analyze audit and receivable reports, build collection plans, and communicate with dealers and internal sales teams to recommend actions such as holds, terms changes, repossession, or write-offs while following credit policies and compliance requirements.

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FursaFursa
First Bancorp
First Bancorp
3 months ago

Audit & Collections Specialist

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Source: Company careers pageValidated by: Fursa AI
Last checked: 1 hour agoStatus: Live

Job Summary

Drive dealer collections by identifying delinquencies, resolving past-due accounts, and mitigating company financial exposure. Coordinate field audits and third-party verifications, manage audit schedules, and maintain accurate records for receivables and account changes. Analyze audit and receivable reports, build collection plans, and communicate with dealers and internal sales teams to recommend actions such as holds, terms changes, repossession, or write-offs while following credit policies and compliance requirements.
Location: United States
Workplace: Onsite
Employment Type: Full time
Job Function: Finance & Accounting
Seniority: Entry level

Key Responsibilities

  • •Drive dealer collection activities by identifying problematic accounts and managing past-due receivables in accordance with company credit policy.
  • •Perform unit verification actions, including photographic verification and real-time viewing as needed, and coordinate third-party verifications.
  • •Coordinate and maintain audit scheduling, including reviewing weekly schedules, correcting miscoded/scheduling errors, and rescheduling or canceling audits when appropriate.
  • •Analyze audit results and receivable reports to approve audit outcomes and implement collection plans for problem accounts.
  • •Confer and negotiate with dealers by phone to determine causes of overdue loans and recommend repayment actions (e.g., account holds, terms changes, repossession, or write-offs) while maintaining compliant documentation and records.

Key Requirements

  • •1-2 years proven experience in financial, accounting, or collection services.
  • •High school diploma or equivalent required.
  • •Customer service experience with professional communication to manage customer grievances.
  • •Knowledge of current credit laws and regulations, including compliance with BSA/AML and OFAC/USA PATRIOT Act programs.
  • •Working knowledge of Microsoft applications, such as Excel, plus strong analytical and mathematical abilities.
Experience:1-2 yearsCollectionsAccountingFinancial services
Education:High School
Skills:Customer serviceInterpersonal communicationAnalytical thinkingOrganizational skillsAttention to detail
Tech Stack:Microsoft ExcelMicrosoft applicationsQuikTrakQuiktrakFaceTimeCarBucks

Company Brief

First Bancorp
Operates as a community bank providing personal and business banking services such as checking and savings accounts, loans, and digital banking tools for local customers and small businesses.
Industry: Banking
Growth: Established Company
Funding: Bootstrapped
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