![]() ![]() ![]() Good verbal and written communication skills.The ability to work accurately and independently.Experience with accounting software such as Quickbooks and General Ledger and advanced knowledge of MS Excel.3–5 year’s experience as a collections manager.Bachelor’s degree in finance, accounting, or a related field.Training and mentoring of staff members in the collections department.Remaining informed of any legislative procedural training regarding debt collection.Preparing monthly feedback reports on payment collections.Negotiating with customers in cases when non-payment occurs.Implementing deadlines for invoicing and payment collection.Ensuring that the company policy on recoveries is followed and that it is in line with state and federal regulations.Implementing collection policies and procedures to avoid excessive outstanding credit.Creating and implementing a strategy to improve the collection of outstanding credit.Setting payment collection goals and targets for the department.Overseeing staff members and ensuring the accurate and timely invoicing of customers.Ultimately, a top-notch collections manager should have extensive knowledge of collection laws, and continuously find ways to improve the company’s debt recovery. To be a successful collections manager, you should be analytical and have great report writing skills. You will also be responsible for negotiating extensions with clients or write-off debt to minimize the company’s potential loss of income. ![]() We are looking for a collections manager to monitor staff and oversee the procedures to reduce the amount of unpaid debt the company incurs. Collections Manager Job Description Template ![]()
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