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    Yeswanthpur, Bengaluru.

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Collection Manager

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Collection Manager

Collection managers oversee the financial collection department of a company and are responsible for the correct invoicing of clients and the timely receiving of payment.They also observe and review the interactions of staff members with clients to ensure that collections are done according to company policies and regulations.

  • Bachelor’s degree in finance,accounting,or a related field.
  • Experience with accounting software such as Quick books and General Ledger and advanced knowledge of MS Excel.
  • The ability to work accurately and independently.
  • Good verbal and written communication skills.
  • Excellent analytical skills and an eye for detail.
  • Outstanding leadership and managerial skills.
  • Strong time and people management skills.
  • Ability to work to strict deadlines.
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Comply with requirements when legal action is unavoidable

Overseeing staff members and ensuring the accurate and timely invoicing of customers.

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 federal 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.