At a Glance
- Tasks: Manage accounts receivable and ensure timely collection of payments from clients.
- Company: EnerMech, a leader in integrated solutions for energy projects.
- Benefits: Competitive salary, diverse work environment, and opportunities for growth.
- Other info: Diversity and inclusion are at the heart of our culture.
- Why this job: Join a dynamic team and contribute to the financial health of a global leader.
- Qualifications: Bachelor's degree in Finance, Accounting, or Business Administration required.
The predicted salary is between 40000 - 50000 £ per year.
We are EnerMech, a specialist service company that delivers safe, integrated solutions for complex energy projects. For over 50 years, we've been energizing our clients across the world with unrivalled expertise, equipment, and technology that supports the entire asset life-cycle offshore and on land. We enable progress through our three global business lines: Energy Solutions, Infrastructure & Industrial Solutions, and Lifting Solutions.
As a Collection Associate in the Oil & Gas sector, you will be responsible for managing accounts receivable and ensuring timely collection of payments from clients. This role supports the financial health of the organization by maintaining cash flow, resolving disputes, and collaborating with cross-functional teams to streamline the O2C process.
Key Responsibilities:
- Monitor and manage customer accounts to identify overdue payments.
- Initiate contact with clients via phone, email, or portal to follow up on outstanding invoices.
- Investigate and resolve billing discrepancies, disputes, and unapplied cash.
- Negotiate payment plans and settlements in line with company policies.
- Perform cash reconciliations and follow up on missing remittances.
- Maintain accurate records of collection activities and account statuses.
- Prepare reports on aging analysis, bad debt provisioning, and collection performance.
- Ensure compliance with internal controls, SOX regulations, and industry standards.
- Collaborate with Sales, Finance, and Customer Service teams to resolve issues impacting collections.
Qualifications:
- Bachelors degree in Finance, Accounting, or Business Administration.
- Experience in collections or accounts receivable, preferably in the Oil & Gas or energy sector.
- Familiarity with ERP systems Navision, Oracle and financial reporting tools.
- Strong understanding of the Order to Cash cycle and industry-specific billing practices.
Skills Required:
- Excellent communication and negotiation skills.
- High attention to detail and ability to manage multiple priorities.
- Proficiency in MS Excel and other Office tools.
- Ability to work independently and as part of a global team.
- Knowledge of regulatory compliance related to collections and financial reporting.
Diversity & Inclusion: EnerMech is dedicated to fostering a diverse and inclusive organisation. We believe that diversity enriches our team, and we welcome applications from candidates of all backgrounds, cultures, and identities.
Oil & Gas Collections Specialist employer: EnerMech
EnerMech is an exceptional employer that prioritises employee growth and development within the dynamic Oil & Gas sector. With a strong commitment to diversity and inclusion, we foster a collaborative work culture that encourages innovation and operational excellence. Our employees benefit from comprehensive training opportunities, competitive compensation, and the chance to work on complex energy projects that make a real impact globally.
StudySmarter Expert Advice🤫
We think this is how you could land Oil & Gas Collections Specialist
✨Tip Number 1
Network like a pro! Reach out to people in the Oil & Gas sector, especially those who work at EnerMech. A friendly chat can open doors and give you insights that might just land you an interview.
✨Tip Number 2
Prepare for the interview by brushing up on your knowledge of the Order to Cash cycle. We want to see that you understand the ins and outs of collections, so be ready to discuss your experience and how it relates to the role.
✨Tip Number 3
Show off your negotiation skills! Think of examples where you've successfully resolved disputes or managed overdue payments. We love candidates who can demonstrate their ability to handle tough situations with ease.
✨Tip Number 4
Don't forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows us you're genuinely interested in being part of the EnerMech team.
We think you need these skills to ace Oil & Gas Collections Specialist
Some tips for your application 🫡
Tailor Your CV:Make sure your CV speaks directly to the role of Oil & Gas Collections Specialist. Highlight your experience in collections and any relevant skills that match the job description. We want to see how you can bring value to our team!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about the energy sector and how your background makes you a perfect fit for EnerMech. We love seeing genuine enthusiasm!
Showcase Relevant Experience:When detailing your work history, focus on your achievements in accounts receivable and any specific experiences in the Oil & Gas industry. We’re looking for results, so don’t be shy about sharing your successes!
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and keep track of it. Plus, it shows you’re keen on joining our team!
How to prepare for a job interview at EnerMech
✨Know Your Numbers
Before the interview, brush up on your financial knowledge, especially around accounts receivable and the Order to Cash cycle. Be ready to discuss specific metrics or experiences that demonstrate your understanding of cash flow management in the Oil & Gas sector.
✨Showcase Your Communication Skills
Since this role involves a lot of client interaction, prepare examples of how you've successfully communicated with clients in the past. Think about times you resolved disputes or negotiated payment plans, and be ready to share those stories.
✨Familiarise Yourself with ERP Systems
If you have experience with ERP systems like Navision or Oracle, make sure to highlight it. If not, do a bit of research on these tools and be prepared to discuss how you would adapt to using them in your role as a Collections Specialist.
✨Prepare for Team Collaboration Questions
This position requires working closely with Sales, Finance, and Customer Service teams. Think of examples where you've collaborated across departments to solve problems or streamline processes, and be ready to discuss how you can bring that teamwork mentality to EnerMech.
