Regional Collection Manager

3 weeks ago

Bengaluru Pune Ahmedabad, India Neogrowth Credit Full time

Job Description NeoGrowth Credit Pvt. Ltd. is looking for Regional Collection Manager to join our dynamic team and embark on a rewarding career journey - The Regional Collection Manager is responsible for leading and managing the collections team within a designated region - This role involves developing and implementing effective collection strategies, monitoring team performance, and collaborating with internal stakeholders to optimize the cash flow of the organization Key Responsibilities: - Strategy Development: Develop and implement regional collection strategies to optimize cash flow and reduce outstanding receivables - Analyze market trends, customer behaviors, and industry best practices to refine collection processes - Team Leadership: Recruit, train, and mentor collection staff within the region - Set performance targets and provide regular feedback to ensure the team meets or exceeds collection goals - Foster a positive and collaborative work environment - Portfolio Analysis: Conduct regular analysis of the accounts receivable portfolio to identify high-risk accounts and implement appropriate collection strategies - Work closely with credit analysts to assess creditworthiness of clients and set credit limits - Client Relationship Management: Collaborate with sales and customer service teams to resolve client issues and disputes - Build and maintain positive relationships with clients to facilitate the collections process - Reporting and Analysis: Prepare and present regular reports on collection performance, including aging reports and key performance indicators - Utilize data and analytics to identify trends, areas for improvement, and opportunities to enhance collection efficiency - Compliance: Stay updated on relevant laws and regulations governing collections practices within the region - Ensure that all collection activities comply with legal and ethical standards - Process Improvement: Continuously assess and improve collection processes to enhance efficiency and effectiveness - Implement technology and tools to streamline collection workflow

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