Receivables Risk & Recovery Specialist (Hybrid) at Verisart

San Antonio, Texas, United States

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Not SpecifiedCompensation

Junior (1 to 2 years), Mid-level (3 to 4 years)Experience Level

Full TimeJob Type

UnknownVisa

Financial Services, BankingIndustries

Requirements

Bachelor’s degree in Finance, Accounting, Business Administration, or a related field (Preferred)
2+ years of experience in collections, accounts receivable, or credit analysis
Experience working with ERP systems (e.g., SAP, Oracle, NetSuite)
Proficiency in Microsoft Excel and other reporting tools
Strong understanding of accounting principles and collection practices
Strong analytical and problem-solving abilities
High attention to detail and accuracy
Ability to manage multiple priorities in a fast-paced environment
Customer service orientation with a professional demeanor
Effective communication skills

Responsibilities

Develop and maintain reporting dashboards (25%)
Generate and deliver ad-hoc reports as requested by management to support strategic decision making
Ensure accuracy, timeliness, and clarity in all reporting outputs
Initiate contact with clients to obtain payment status and resolve outstanding balances (20%)
Respond promptly and professionally to all email and phone inquiries
Accurately document all collection activities in the ERP system, including contact details, communication summaries, issues identified, and actions taken
Follow up on unresolved issues and inquiries from Collections Management
Issue final demand letters and take proactive steps to minimize bad debt exposure
Monitor accounts for early signs of delinquency and take preventive action to reduce bad debt exposure (20%)
Collaborate with Sales and other internal teams to escalate and resolve persistent payment issues
Develop and follow bankruptcy process and ensure proper closure of outstanding balances
Take ownership of resolving complex or high-risk past-due accounts through detailed investigation and analysis (20%)
Identify and correct issues such as misapplied payments, invoicing errors, or system discrepancies
Partner with primary collectors to leverage existing client relationships for faster resolution
Meet or exceed performance goals and contribute to team success through proactive problem solving
Maintain and update Customer Master Data to ensure accuracy and completeness (15%)
Support administrative tasks related to collections and account maintenance as needed

Skills

Accounts Receivable

Collections

Reporting

Dashboards

Analytics

Billing Resolution

Client Communication

Risk Management

Bad Debt

Ad-hoc Reports

Verisart

Blockchain-based digital certificates for art authentication

About Verisart

Verisart provides digital certificates that authenticate the history and creation of art and collectibles using blockchain technology. Their service allows artists, collectors, galleries, and museums to create secure and tamper-proof records of ownership and provenance. The certificates are generated through a user-friendly platform accessible via mobile devices or computers, requiring only two steps to create museum-quality records. Unlike traditional methods, Verisart's certificates are encrypted and timestamped on a decentralized ledger, ensuring high security and transparency. The company differentiates itself by focusing on the art market and offering a straightforward solution for certificate management. Verisart's goal is to set a global standard for art certification, making records of creation and ownership easily verifiable and protected.

Los Angeles, CaliforniaHeadquarters

2015Year Founded

$4.9MTotal Funding

CONVERTIBLECompany Stage

Crypto & Web3, Consumer GoodsIndustries

1-10Employees

Risks

Blockchain technology evolution may outpace Verisart's current platform capabilities.

Growing competitors like OpenSea could dilute Verisart's market share.

Cryptocurrency market volatility affects Verisart's revenue stability.

Differentiation

Verisart offers patented NFT minting and certification since 2015.

The platform allows creators to choose their blockchain and create smart contracts.

Verisart integrates COA for verifying authenticity of digital and physical art.

Upsides

Increased interest in fractional ownership boosts Verisart's fractionalized NFT offerings.

AI-generated art demand aligns with Verisart's authentication capabilities.

Digital art exhibitions increase need for Verisart's digital certification services.

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