Collections Account Manager

Job Description 

About Us: CFGMS is a leading provider of working capital solutions for small to mid-sized businesses. Located in Glen Rock, NJ, we specialize in innovative financing products, including invoice factoring and factoring lines of credit. Our mission is to empower growing companies by offering fast, flexible funding solutions that drive success.

Position Overview: We are seeking a motivated and results-driven 3rd Party Collections Account Manager to join our dynamic team. In this role, you’ll be responsible for maintaining relationships with our 3rd Party collection agencies.

Responsibilities 

• Manage relationships with 3rd party (external) collection agencies.


• Analyze, monitor, and maintain the status of all active accounts. 


• File and terminate UCC liens.


• Document management.


• Review specific state Secretary of State websites to determine if merchants are operational.


• Adhere to all applicable laws, regulations, and internal policies and procedures.


• Other responsibilities as assigned.

Experience and Educational Requirements 

• 1+ year in collections agency experience preferred (finance, B2B, or related industry a plus)


• Paralegal background a huge plus


• Highly organized, an absolute requirement


• Excellent communication and negotiation skills


• Strong work ethic and ability to thrive in a fast-paced environment


• Self-motivated with a desire to learn and improve processes


• Positive attitude with the ability to work both independently and in a team environment


• Bachelor's degree

Please note that the starting salary will be commensurate with Collections-related experience.