
Collection Management Expert
3 days ago
Job Title: Collection Management Expert
The ideal candidate for this position will have a strong background in collection management, with the ability to develop and implement effective strategies for managing outstanding debts.
About the Role:
This is a challenging opportunity for an experienced Collection Manager to oversee the accounts receivable process and ensure timely collection of outstanding debts from customers or clients.
Key Responsibilities:
- Develop and implement debt collection strategies
- Monitor accounts to identify overdue payments and determine appropriate actions
- Negotiate payment plans with customers and resolve disputes
- Coordinate with sales and customer service teams to resolve billing inquiries
- Maintain accurate records of collection activities and interactions
- Analyze delinquent accounts and prepare reports on collections status
- Implement credit policies and procedures to minimize late payments or non-payment
- Collaborate with legal counsel or external agencies as needed
Requirements & Qualifications:
- Chartered Accountant (CA) or Cost Accountant (CS)
- Bachelor's degree in finance, accounting, or related field; master's degree preferred
- Proven experience in accounts receivable management, preferably supervisory or managerial role
- Strong knowledge of accounting principles and practices, particularly as they relate to accounts receivable and collections
- Excellent communication and negotiation skills
- Analytical mindset to assess data and develop effective collection strategies
- Familiarity with collection software and tools for managing accounts receivable
- Ability to work under pressure and meet deadlines while maintaining accuracy and attention to detail
- Knowledge of relevant laws and regulations governing debt collection practices
- Strong problem-solving skills to handle challenging situations professionally and ethically
Benefits:
- Competitive salary and benefits package
- Ongoing training and development opportunities
- Opportunity to work with a dynamic team
What We Offer:
- A collaborative and supportive work environment
- The opportunity to work on challenging projects and make a real impact
- A comprehensive benefits package, including health insurance, retirement plan, and paid time off
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