InfoTrack US · 2 months ago
Supervisor, Collections
InfoTrack US is seeking a Supervisor, Collections to oversee the company’s credit and collections operations. The role involves leading a team of collectors to optimize collections performance, reduce delinquency, and maintain strong client relationships while ensuring compliance with regulations.
Information TechnologyLegalLegal TechSoftware
Responsibilities
Supervise and lead the collections team to ensure effective recovery of outstanding receivables across all business divisions
Establish clear performance metrics (KPIs) for collectors and monitor progress toward collection goals and aging targets
Foster a results-driven, customer-centric culture focused on accountability, accuracy, and continuous improvement
Provide ongoing training, coaching, and support to team members to enhance skill development and performance
Conduct regular one-on-one meetings and team reviews to reinforce accountability and encourage professional growth
Design, implement, and manage collection strategies that support cash-flow objectives and reduce bad-debt exposure
Establish and monitor key performance indicators (KPIs) such as DSO, aging trends, and recovery rates
Prepare and deliver reports on accounts receivable aging, collections performance, and key metrics to evaluate departmental effectiveness and identify areas for improvement
Analyze data to identify trends, issues, and opportunities for process optimization
Execute approved bad-debt write-offs and compile supporting documentation for submission to external collection agencies
Implement and leverage automated solutions to improve visibility and streamline collection workflows
Manage relationships with high-risk customers, including payment term reviews, escalations, and negotiated payment arrangements
Monitor and mitigate credit and collection risks through proactive account reviews and established escalation protocols
Develop and implement strategies to manage and collect outstanding customer payments while maintaining positive relationships and enforcing credit terms
Collaborate cross-functionally with Sales, Customer Support, and other departments to improve cash flow, reduce DSO, and enhance overall collections performance
Ensure all collection activities comply with federal and state regulations, including the Fair Debt Collection Practices Act (FDCPA), and align with internal company policies
Partner with the Accounts Receivable Manager and legal counsel to manage litigation related to delinquent accounts as needed
Coordinate with external collection agencies, legal counsel, and third-party vendors to support recovery efforts
Qualification
Required
Minimum of 5 years of progressive experience in credit and collections management, preferably within a multi-division or high-volume environment
Proven experience in a supervisory or management role focused on collections, with a demonstrated ability to lead a team, implement process improvements, and achieve measurable results
Strong ability to analyze financial data, assess credit risk, and make informed business decisions that minimize exposure and protect company assets
In-depth knowledge of collection laws and compliance standards, including the Fair Debt Collection Practices Act (FDCPA), the Rosenthal Fair Debt Collection Practices Act, and other applicable federal and state regulations
Proficiency with accounting, ERP, and CRM systems such as NetSuite and Salesforce
Hands-on experience with accounts receivable modules and related financial tools
Excellent communication, negotiation, and problem-solving skills, with the ability to manage complex customer relationships professionally and effectively
Advanced proficiency in Microsoft Excel and other reporting tools
Proficiency in NetSuite, Salesforce, and Maxio (Chargify)
Advanced knowledge of Microsoft Office 365, with strong expertise in Excel
Strong organizational skills with the ability to prioritize tasks, manage competing deadlines, and perform effectively in a fast-paced environment
Exceptional communication and interpersonal skills, with the ability to collaborate effectively across teams and build strong professional relationships
Benefits
401(k) Match
Medical, Dental, & Vision Insurance
Employer-funded Short/Long-Term Disability, Life, and Accidental Death & Dismemberment (AD&D) Insurance
20 Days of Paid Time Off (PTO)
11 Paid Holidays
"Be Me Time" off for mental health, re-charging, volunteering
Matching Gift Program
Company
InfoTrack US
InfoTrack US is a legal technology firm that provides a platform with legal data, services, and smart searches.
Funding
Current Stage
Growth StageRecent News
2024-02-09
Company data provided by crunchbase