Collection Manager

1 day ago


Coimbatore, Tamil Nadu, India CSB Bank Full time ₹ 6,00,000 - ₹ 18,00,000 per year
Description

To oversee the financial collection department of a company and are responsible for the correct invoicing of clients and the timely receiving of payment.

Responsibilities


• 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 central 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.

• Training and mentoring of staff members in the collections department.

Qualifications

Qualification: MBA

Experience: 10 to 12 years



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