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Financial Collections Manager

2 weeks ago

Morādābād, Uttar Pradesh, India beBeeAccounts Full time ₹ 45,00,000 - ₹ 75,00,000
Job Overview

A collection manager oversees the accounts receivable process, ensuring timely debt collection from customers.

Main Responsibilities:
  • Develop debt collection strategies
  • Monitor overdue payments and take action
  • Negotiate payment plans and resolve customer disputes
  • Collaborate with sales and customer service to resolve billing inquiries
  • Maintain accurate records of collection activities
  • Analyze delinquent accounts and prepare reports on collections status
  • Implement policies to minimize late payments or non-payment risk
  • Work with legal counsel or external agencies for complex cases
Requirements:
  • Certified Accountant/Chartered Secretary (CA/CS)
  • Bachelor's degree in finance, accounting, or related field; master's preferred
  • Proven experience in accounts receivable management, preferably supervisory or managerial role
  • Strong knowledge of accounting principles and practices
  • Excellent communication and negotiation skills
  • Data assessment and trend analysis skills
  • Familiarity with collection software and tools
  • Ability to work under pressure and meet deadlines while maintaining accuracy
  • Knowledge of laws and regulations governing debt collection practices
  • Strong problem-solving skills and ability to handle challenging situations professionally