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Overview: We are seeking a highly skilled and motivated Collection Manager to join our team. As a Collection Manager, you will be responsible for overseeing the collection process and ensuring timely and accurate payment from customers. This is a critical role that requires strong attention to detail, excellent communication skills, and the ability to effectively manage a team. Duties: - Manage the collection process, including monitoring accounts receivable and following up on overdue payments - Conduct account reconciliations to ensure accuracy of customer balances - Utilize telemarketing techniques to contact customers and negotiate payment arrangements - Provide exceptional customer service by addressing customer inquiries and resolving any issues related to billing or payment - Collaborate with internal departments, such as accounting and revenue cycle management, to ensure smooth operations and efficient collection processes - Analyze accounts for potential risk factors and develop strategies to mitigate collection risks - Utilize accounting software to track customer payments, update account information, and generate reports - Stay up-to-date with industry regulations, including ICD-10 coding requirements, to ensure compliance in the collection process Skills: - Strong knowledge of revenue cycle management principles and practices - Proficient in account reconciliation techniques and procedures - Excellent telemarketing skills with the ability to negotiate payment arrangements effectively - Exceptional customer service skills with the ability to handle difficult situations professionally - Familiarity with accounting software for tracking payments and generating reports - Strong mathematical skills for accurate account analysis and calculations - Ability to work independently and prioritize tasks in a fast-paced environment - Excellent communication skills, both verbal and written - Attention to detail with a high level of accuracy in data entry and record keeping If you are a motivated individual with a strong background in collections management, we invite you to apply for this position. Join our team and contribute to our success as we strive to maintain strong financial health through effective collection practices.
Job Type: Full-time
Pay: $50,000.00 - $100,000.00 per year
Benefits:
Weekly day range:
Work setting:
Ability to Relocate:
Work Location: In person
Full Time
Wholesale
$71k-94k (estimate)
03/23/2024
07/19/2024
autosimple.com
Cleveland, TN
<25
Wholesale
The job skills required for Collections Manager include Accounts Receivable, Customer Service, Billing, Collection Management, Communication Skills, Attention to Detail, etc. Having related job skills and expertise will give you an advantage when applying to be a Collections Manager. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Collections Manager. Select any job title you are interested in and start to search job requirements.
The following is the career advancement route for Collections Manager positions, which can be used as a reference in future career path planning. As a Collections Manager, it can be promoted into senior positions as a Credit and Collections Director that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Collections Manager. You can explore the career advancement for a Collections Manager below and select your interested title to get hiring information.
If you are interested in becoming a Collections Manager, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Collections Manager for your reference.
Step 1: Understand the job description and responsibilities of an Accountant.
Quotes from people on Collections Manager job description and responsibilities
CollectionsManagers monitors agents and oversee collections activities for the bill units assigned to them.
03/03/2022: Cincinnati, OH
Monitor the status of both automatic and manual actions defined by the collections scenario.
03/28/2022: Tuscaloosa, AL
Collections managers supervise the work of collections agents.
03/04/2022: Bergenfield, NJ
When a bill unit first enters a collections scenario, Collections Manager sets the first action's status to Pending and all other actions' status to Waiting For Dependents.
03/31/2022: Charleston, SC
Leading and developing the collections or accounts receivable team.
05/06/2022: Durham, NC
Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.
Career tips from people on Collections Manager jobs
Automatic actions are performed by Collections Manager.
04/01/2022: Boulder, CO
As a result, collections actions will begin after a lengthy period of nonpayment.
02/20/2022: Canton, OH
A collections manager oversees long term preservation for collections.
04/10/2022: Manchester, NH
Collections managers are busy drivers of the revenue function.
02/15/2022: Paramus, NJ
There are any number of different paths to becoming a successful collections manager today, but probably the most reliable begins with education and training.
02/21/2022: Pensacola, FL
Step 3: View the best colleges and universities for Collections Manager.