AREA COLLECTION MANAGER

PeopleStrong; Karimnagar; On-site; INR 1,200,000 - 1,800,000; Full time

Job summary

PeopleStrong in Karimnagar, India is seeking an experienced Collections Manager to lead the collections team, ensure accurate and timely invoicing, and drive on-time payments in a fast-paced financial environment.

The role involves setting department targets, devising strategies to recover outstanding credit, enforcing policy compliance, mentoring staff, and providing monthly performance reports to stakeholders.

Qualifications

• 7–9 years’ experience as a collections manager.
• Experience with accounting software such as QuickBooks and General Ledger and advanced knowledge of MS Excel.
• Strong leadership and ability to mentor staff.
• Excellent verbal and written communication skills.
• Ability to work to strict deadlines.

Responsibilities

• Overseeing staff and ensuring 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.
• Negotiating with customers in cases when non-payment occurs.
• Preparing monthly feedback reports on payment collections.
• Training and mentoring staff in the collections department.

Skills

Leadership

Communication

Education

Bachelor’s degree in finance, accounting, or related field

Tools

QuickBooks

General Ledger

MS Excel

Job description

• 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.

KEY INTERACTIONS

Internal Stakeholders

External Stakeholders

• Business
• Legal
• Operation Risk
• Field Technical Team
• Audit
• Risk,
• Compliance
• Customers
• Insurance Providers
• Regulatory Authorities
• Referral Sources

KEY CHALLENGES

• Lack of current contact information.
• Lack of self-served solutions.
• Meeting compliance requirements.
• Lack of automation.
• Providing secure communications

KEY SKILLS & BEHAVIOURAL ATTRIBUTES

• Experience with accounting software such as Quickbooks 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.

EDUCATION / EXPERIENCE

Bachelor’s degree in finance, accounting, or a related field.

• 7-9 years’ experience as a collections manager.