Job Description - Collections Manager

Description

Are you a results-driven leader with a passion for optimizing cash flow, reducing financial risk, and developing high-performing teams?  We are seeking a Collections Manager to lead and enhance our collections operations, driving continuous improvement across processes, customer relationships, and financial performance.  In this role, you will oversee a team of collectors, develop effective collection strategies, collaborate with cross-functional stakeholders, and play a critical role in improving Days Sales Outstanding (DSO) while minimizing bad debt and credit risk.  This is an excellent opportunity for a customer-focused finance professional who thrives in a fast-paced environment and enjoys leading teams to achieve operational excellence.



Responsibilities

Essential Duties and Responsibilities: 

  • Explore ways to improve cash collection efficiency

  • Ensure collection strategies and policies are followed to reduce past due balance and risk exposure for all regions under FSC Team

  • Promote and provide exceptional customer service

  • Conduct data and process analysis.  Prepare Collection reports for month/quarter end

  • Achieve and maintain high level of customer service and satisfaction

  • Perform and review bad debt calculations

  • Develop and implement appropriate collections policies to maintain current AR and minimize bad debt write off

  • Engage in direct dialog with customer level contacts to resolve collections issues

  • Perform credit risk analysis and collaborate with the sales and operations organization to minimize credit risk

  • Collaborate with management regarding the AR process and the status of each subledger, specifically around key customer accounts

  • Continuously improving transactions processes in the areas of responsibility, implementing initiatives focusing on standardization, quality improvement and cost reductions

  • Ensure internal and external audit controls are followed

  • Ensure all functions are performed efficiently and take corrective action in relation to poor performance

  • Determine Authority Matrix interpretation and obtain leadership clarification where needed

  • Assist with the AR Closing of the assigned portfolio of accounts/regions

  • Understand and apply accounting principles

  • Ability to effectively coach, give performance feedback and provide development opportunities within the department

  • Manage and deploy resources in an effective and efficient manner in order to deliver services



Qualifications

Minimum Education and/or Experience:

  • Bachelor’s degree; supplemented by minimum of 3-5 years of related experience, or an equivalent combination of education, training, and experience

  • Prior experience in B2B collections and global collections preferred

  • Excellent communication and interpersonal skills

  • Strong computer skills/competence in Excel

  • Strong problem solving and attending to details

  • Strong organizational and interpersonal skills

  • Strong leadership and team building skills

  • Ability to prioritize and handle multiple tasks

  • Microsoft Office suite knowledge, particularly Excel

  • Ability to meet goals and deadlines in a fast-paced, performance-driven environment



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