Collection Manager

2 - 5 years

3 - 5 Lacs

Posted:1 day ago| Platform: Foundit logo

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Work Mode

On-site

Job Type

Full Time

Job Description

This role is for one of Weekday's clients

Min Experience: 2 years

Location: Mumbai

JobType: full-time

Collection Manager

Must Have:

  • Minimum 3 years of experience in collections for SME / Working Capital / Supply Chain Finance
  • Graduate degree
  • Willingness to travel extensively for field visits
  • Exposure to hard collections, recovery negotiations, and litigation coordination
  • Strong understanding of early warning signals and portfolio risk triggers

Key Responsibilities:

  • Design and implement effective collection strategies to minimize over dues and maximize recoveries
  • Build and maintain strong customer relationships to prevent disputes and resolve payment issues
  • Monitor accounts closely and implement Early Warning mechanisms to detect stress
  • Coordinate with Sales team to assess customer intent and relationship control
  • Negotiate payment terms or settlements with financially stressed customers
  • Conduct field visits and engage in hard collections where required
  • Escalate chronic cases for legal action or litigation
  • Analyze portfolio data for trends, gaps, and process improvement opportunities
  • Maintain regular MIS and performance reports for management

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