Collections Manager
2 weeks ago
Interact Technology Solutions is seeking to hire a Collections Manager.
**Summary**:
The Collection Manager is responsible for leading the collections department, ensuring accurate and timely invoicing of customers, and implementing strategies to enhance the recovery of outstanding credit. This role involves setting payment collection goals, enforcing company policies and procedures, and ensuring compliance with state and federal regulations. The Collection Manager will monitor accounts for late payments, negotiate with clients on non-payment issues, and prepare detailed reports on the status of receivables. This position requires strong leadership, analytical skills, and effective communication to resolve credit and collection issues efficiently.
- Overseeing staff members and ensuring the accurate and timely invoicing of customers.
- Setting payment collection goals and targets for the department.
- Creating and implementing a strategy to improve the collection of outstanding credit.
- Implementing collection policies and procedures to avoid excessive outstanding credit.
- Ensuring that the company policy on recoveries is followed and that it is in line with state and federal regulations.
- Implementing deadlines for invoicing and payment collection.
- Negotiating with customers in cases when non-payment occurs.
- Preparing monthly feedback reports on payment collections.
- Remaining informed of any legislative procedural training regarding debt collection.
- Monitor accounts to identify late payments.
- Communicate with clients and arrange payment methods with them.
- Solve customer credit and collection issues.
- Make reports on the status of receivables of the company's customers.
**Job Requirements**
- Bachelor’s degree in finance, accounting, or a related field.
- 5-7 year’s experience as a collections manager.
- The ability to work accurately and independently.
- Good verbal and written communication skills.
- Excellent analytical skills and an eye for detail.
- Outstanding leadership and managerial skills.
- Strong time and people management skills.
- Ability to work to strict deadlines.
Pay: From E£35.00 per month
Application Question(s):
- What are your salary expectations?
- If we offered you a position, when would you be available to start?
- Rate your English level from 1 to 5
- What is the largest team that you’ve managed?
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