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CIS Management Inc
Lawernceville, NJ | Full Time
$67k-88k (estimate)
2 Months Ago
Collections Manager
CIS Management Inc Lawernceville, NJ
$67k-88k (estimate)
Full Time 2 Months Ago
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CIS Management Inc is Hiring a Collections Manager Near Lawernceville, NJ

Responsibilities Include:

  • Maintain daily contact with residents and/or their representatives concerning any aspect of rent collection, including property visits, telephone inquiries, office interviews, coordination of payments, and offering advice on methods of payment
  • Develop and distribute weekly, monthly, quarterly, and annual collections status reports to management
  • Resolves cash application issues in conjunction with the AR Specialist
  • Research and reconcile resident ledgers
  • Works with other team members to resolve and collect payments for disputed charges
  • Create, design, implement and enforce debt counselling policy and procedures to ensure sustainable tenancies
  • Manage all notices and late fees in accordance with policy and procedures
  • Ensures key principles of customer service are adhered to and the needs to vulnerable residents are met
  • Understands rent collections that considers financial circumstances and identify suitable cases for referral to debt counselling services
  • Actively monitors all payment commitments on a consistent basis and takes appropriate action
  • Ensure all YARDI and manual documentation systems are accurately updated and maintained on a timely basis
  • Prepares court documents and paperwork relevant to rent cases including negotiation with tenants and other representatives before hearings
  • Understands Court procedures including liaison with court officials and legal services as required
  • Files and follows through on small claims proceedings
  • Coordinates lock outs in conjunction with Property Managers
  • Coordinates inventories and photographic evidence in respect of items remaining in the property and damage to property
  • Transfers bad debt cases to collection agency in accordance with policy and procedure
  • Maintains continual awareness of changes in the regulation and precedents in respect of rent collection and recovery
  • Provides written reports in relation to collection, legal referral, including provision of referrals to external agencies
  • Liaison between company and collection agency

Benefits: Medical, Dental, Life Insurance, PTO, Paid Sick Leave and 12 Paid Holidays. Eligible for benefits 30 days after employment.

Salary: Based on Experience

Job Summary

JOB TYPE

Full Time

SALARY

$67k-88k (estimate)

POST DATE

03/12/2024

EXPIRATION DATE

05/11/2024

WEBSITE

communityinvestmentstrategies.com

HEADQUARTERS

LAWRENCEVILLE, NJ

SIZE

100 - 200

TYPE

Private

CEO

CHRISTIANA FOGLIO

REVENUE

$5M - $10M

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The job skills required for Collections Manager include Customer Service, Commitment, Life Insurance, 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.

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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.

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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.

Florida Southern College
Colby College
Dartmouth College
University of Notre Dame
Western Washington University
Canisius College
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