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Allegion · 12 hours ago

Allegion Access Technologies Collection Manager

Carmel, IN

Full-time

Hybrid

Mid, Senior Level

$85K/yr - $150K/yr

4+ years exp

Allegion is a global leader in security and safety solutions, dedicated to creating peace of mind. The Allegion Access Technologies Collection Manager will lead a team of Credit Collectors, managing a significant accounts receivable portfolio while driving collection results and ensuring compliance with credit policies.

ElectronicsManufacturingProduct DesignSecurity

No H1B

Hiring Manager

Troy Barenie, PHR

Responsibilities

Manage and motivate a collection team to drive portfolio performance, DSO, % Current, reduction of 60+ day balances, and ability to meet the monthly cash collection forecast

Drive improved collections results to achieve business AR performance annual plan

Build solid relationship with both customers, sales, branch operations, and staff

Ability to design, innovate, challenge processes and act as a change agent within the America’s Credit organization

Work with Credit Management on larger, challenging accounts

A sound understanding of domestic/international credit and collection practices

Excellent communication skills as well as an ability to interact effectively with staff at all levels

Strong problem-solving skills and willingness to partner with cross function teams such as branch operations, customer experience, billing, and sales

Ability to negotiate and effectively communicate judgment decisions required

Account reconciliation and dispute resolution management skills required

Timely and accurate analyze of Accounts Receivable results and compare/contrast to forecasts/annual operating plan monthly, quarterly, and yearly

Prepare reporting for month end and effectively analyze, and communicate trends

Prepare and present necessary countermeasures relative to cash collections, disputes, and unapplied cash/credits

Monthly communication of Account Receivable results to Credit management and staff

Financial Analysis skills to evaluate customer financial statements used in making account decisions and recommendations

Knowledge of lien rights, notice of furnishing within the construction industry

Mentor, coach, and provide functional leadership to the collection staff

Drive improvements in collection processes; develop controls, and processes to improve the efficiency and effectiveness of the collection function

Proven track record in developing an effective collection organization that enables new process development and on-going support

Manage and develop staff. Build bench strength and promote talent across the organization. Exceptional coaching and mentoring savvy, as well as a high level of passion for and interest in organization talent development and employee engagement

Implement and share best practices across collection team

Maintain and approve time records of direct reports

Maintain a robust and effective internal control environment

Ensure compliance with the Sarbanes-Oxley Act related to the Accounts Receivables and its key controls

Adherence to Allegion Global Credit & Collection Policy

Ensure proper accounting treatment and management of all accounts receivable related transactions and deductions, including tracking and reconciliation of customer accounts

Adherence to escheatment policies

FICAP, GAAP, and SOX compliance and level of authority matrix

Qualification

Accounts Receivable ManagementFinancial AnalysisCreditCollection PracticesLeadership ExperienceData ManagementCustomer Relationship ManagementProblem-Solving SkillsCoachingTeam MotivationProcess ImprovementCommunication SkillsMentoringNegotiation Skills

Required

Strong leadership, presentation skills, financial analysis, and ability to explain and communicate financial results to Credit Manager in an understandable and actionable format for decision-making purposes

Strong data management and business partnership skills a must

Working knowledge of the construction, distribution, and service industries

Extensive managerial experience (4-6 years)

Proven Track record of leading a collection function with 4-6 years' experience

Ability to effectively collaborate across the organization and positively influence business outcomes

Travel 5%-10%

Creating Peace of Mind by Pioneering Safety and Security

Qualified candidates must be legally authorized to be employed in the United States

The company does not intend to provide sponsorship for employment visa status (e.g., H-1B, TN, etc.) for this employment position

Manage and motivate a collection team to drive portfolio performance, DSO, % Current, reduction of 60+ day balances, and ability to meet the monthly cash collection forecast

Drive improved collections results to achieve business AR performance annual plan

Build solid relationship with both customers, sales, branch operations, and staff

Ability to design, innovate, challenge processes and act as a change agent within the America's Credit organization