Collections Manager with 10 + years of experience seeking a challenging position to leverage extensive knowledge in credit management and collections to maximize operational efficiency and minimize risk.
Overview
32
32
years of professional experience
Work History
Collection Specialist - Team Lead
GFL Environmental
Raleigh, NC
07.2022 - Current
Monitor top ten broker/corporate customers, tracking timely payments in both current and 30-day columns to maximize monthly collections
Focus on collection for the top five corporate and broker accounts, reviewing the over 60-day column to decrease overdue percentages.
Implement strategies based on team input to optimize collection processes.
Conduct monthly meetings with team members to address challenges, problem-solve, and enhance cash flow solutions.
Manage accounts for each broker, providing monthly statements and creating Excel spreadsheets and pivot tables for analysis.
Utilize Power BI software to analyze customer data, focusing on accounts that are past due to enhance recovery efforts.
Managed customer accounts to ensure timely payment and reduce outstanding balances.
Developed effective communication strategies to resolve payment disputes and enhance customer relationships.
Collaborated with cross-functional teams to streamline billing processes and improve overall efficiency.
Trained junior staff on best practices for collections and customer interaction techniques.
Improved customer payment compliance through negotiating mutually agreeable repayment plans.
Collections Manager
Russell Reid Waste Hauling and Disposal
Edison, NJ
05.1999 - 11.2019
Directed comprehensive account analysis and developed bad debt reserve strategy to mitigate financial exposure.
Oversaw credit risk assessments, credit limit recommendations, and collection agency management to protect assets.
Collaborated weekly with controller to assess high-risk accounts and devise targeted resolution strategies.
Evaluated collection data to uncover trends and drive strategic enhancements.
Addressed escalated customer inquiries related to billing and payment disputes with efficiency.
Collaborated with legal resources and recovery teams to address and resolve default issues.
Formulated tailored payment plans for financially distressed customers to facilitate effective debt recovery.
Oversaw team of collectors, ensuring compliance during phone call and letter monitoring.
Developed and implemented training programs for collection staff to improve performance and efficiency.
Collaborated with finance team to reconcile discrepancies in accounts receivable records effectively.
Improved overall collections efficiency by implementing strategic collection plans and processes.
Enhanced team performance through regular training, coaching, and feedback sessions.
Credit and Collections
Russell Reid Waste Hauling and Disposal
Edison, NJ
09.1994 - 04.1999
Investigate customer credit applications and make recommendations to Credit Manager.
Assists clients with invoice issues; assists in reconciliation of accounts.
Proactively seek 'root causes' of late payments and recommend improvements to drive efficient and effective operational performance.
Record sales tax exempt information.
Managed high-volume caseloads effectively, prioritizing tasks based on urgency and potential impact on overall collections results.
Promoted a positive work culture by fostering teamwork, sharing credit for successes, and providing constructive feedback to improve performance.
Assisted in the development of departmental goals and KPIs, ensuring a focus on continuous improvement and measurable results within credits and collections operations.
Streamlined checkout process for customers with swift and precise handling of cash, credit, and debit card payments.
Education
Associate of Arts -
Middlesex Community College
Edison, NJ
01-1994
Skills
Strong client support abilities
Proficiency in Microsoft Office, particularly Excel
Skilled in Tower and Trux applications
Effective time management
Effective communication skills
Certified in CPR, AED, and First Aid
Collaborative mindset
Bankruptcy law awareness
Strong negotiation skills
Credit reporting
Payment plan management
Relationship building
Accomplishments
Identified and resolved automatic credit holds on delinquent customer accounts by implementing appropriate credit limits, improving transaction flow and minimizing revenue disruption.