Collections Manager
1 month ago
Job Description:
We are seeking a detail-oriented and experienced Collections Manager to oversee our accounts receivable and ensure timely payment from clients. The ideal candidate will manage the collections team, develop strategies to reduce outstanding debts, and maintain accurate financial records. Strong communication skills and a firm understanding of financial principles are essential.
Key Responsibilities:
- Supervise and lead the collections team to meet department goals.
- Monitor accounts receivable, track payment statuses, and follow up on overdue accounts.
- Develop and implement effective collection strategies to minimize delinquency rates.
- Prepare and analyze reports on collections performance and outstanding debts.
- Negotiate payment arrangements with clients, addressing any disputes or issues.
- Utilize Microsoft Office, particularly Excel, to maintain accurate financial records, generate reports, and manage data.
- Collaborate with the finance department to ensure accurate and timely reporting.
Qualifications:
- Proven experience in a collections or accounts receivable role.
- Proficiency in Microsoft Office, with advanced skills in Excel.
- Strong analytical and problem-solving abilities.
- Excellent communication and negotiation skills.
- Attention to detail and the ability to manage multiple tasks efficiently.
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