Collections Manager

If you are a highly motivated individual with a passion for collections management, we would love to hear from you.

Position: Collections Manager

Location: Minnesota, United States

Salary: DOE

Job Type: Part-time

Industry: Museums & Institutions

Company Overview: Cultural Heritage Museum is a leading Museums & Institutions company that has been in the business for over 5 years. We are dedicated to providing top-notch services to our clients and ensuring their satisfaction. As we continue to grow, we are seeking a Collections Manager to join our team and lead our collections department.

Job Summary: As the Collections Manager, you will be responsible for overseeing the collections team and managing the company's outstanding accounts. You will play a crucial role in maximizing cash flow and minimizing bad debt for the company. Your main objective will be to ensure that all outstanding accounts are collected in a timely and efficient manner while maintaining positive relationships with clients.

Key Responsibilities:

• Manage and lead the collections team, including hiring, training, and performance evaluations
• Develop and implement strategies to improve collections processes and procedures
• Monitor and analyze the aging of accounts and take necessary actions to reduce outstanding balances
• Review and approve credit and payment terms for new and existing clients
• Investigate and resolve any billing or payment discrepancies
• Communicate with clients to establish payment arrangements and resolve any issues or concerns
• Prepare reports on collections activities and provide recommendations for improvement
• Work closely with the sales team to ensure timely collection of outstanding accounts
• Collaborate with the finance team to reconcile accounts and provide accurate cash flow projections
• Stay up-to-date with industry regulations and best practices in collections management

Qualifications:

• Bachelor's degree in business administration, finance, or a related field
• 5 years of experience in collections management, preferably in Museums & Institutions
• Proven experience in leading and managing a team
• Strong knowledge of collections processes and procedures
• Excellent communication and negotiation skills
• Detail-oriented with strong analytical and problem-solving abilities
• Proficient in Microsoft Excel and accounting software
• Ability to work under pressure and meet tight deadlines
• Knowledge of Museums & Institutions regulations and compliance is a plus

Why Join Us?

• Competitive salary and benefits package
• Opportunity for career growth and development
• Collaborative and dynamic work environment
• Supportive and inclusive company culture
• Make a significant impact in the company's success

Join our team and take your career to the next level! Apply now!.