Collection Manager

Full Time
Posted 1 month ago

Job Description:

  • Coordinate activities of staff members to ensure a smooth and efficient department that reduces the number of cases that are overlooked.
  • Oversee the collection of outstanding credit and invoices to minimize profit loss while ensuring it is handled appropriately and per company policy.
  • Research, Develop and implement collection procedures that reduce the amount of delinquency they encounter.
  • Create and implement strategies to increase the number of successful collections on outstanding debt.
  • Recruit, hire, train and evaluate staff members within the collections department to ensure a sufficient number of staff members are available to handle the workload.
  • Negotiate and arrange the payments, handle debtor enquiries and provide administrative assistance to the team.
  • Run reports and analyze data pertaining to the department and share with executive staff and managers of department staff as needed.
  • Implement credit policies and procedures that retain a smooth running of the department and avoid excessive credit limits.
  • Recover daily, weekly, quarterly and yearly payments and regular follow up of the existing and new clients.
  • Forecast the sales amount beforehand, Keep records of the clients from date of booking till the handover period.

Job Specification:

  • Bachelor’s degree, preferably in finance
  • 3-5 years of experience in credit and collections
  • Proficient in Microsoft Office
  • Management experience
  • Excellent verbal and written communication skills
  • Billing or coding experience

Job Features

Job CategoryCollection Manager
Total Requirement1
Educational QualificationBachelor Degree
Salary60,000/- to 80,000/-
Employment TypeFull Time
Experience3-5 years
Preferred GenderMale

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