Credit and Collections Manager develops and administers credit and collection programs. Oversees investigation of credit risk in customers and suppliers and advises on course of action for credit applications. Being a Credit and Collections Manager designs and implements processes to improve cash flow and reduce receivables. Monitors and negotiates the collection of overdue accounts. Additionally, Credit and Collections Manager monitors credit and collection processes and operations; makes recommendations on opportunities for improvement. Requires a bachelor's degree. Typically reports to a director. The Credit and Collections Manager manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. To be a Credit and Collections Manager typically requires 5 years experience in the related area as an individual contributor. 1-3 years supervisory experience may be required. Extensive knowledge of the function and department processes. (Copyright 2024 Salary.com)
Washington Area Community Investment Fund (Wacif) seeks a Part-Time Collections Manager to lead the Lending Department’s collection of outstanding debt payments. The role involves implementing robust collections strategies aimed at optimizing recovery processes and ensuring timely and efficient recovery of overdue debts. The ideal candidate will possess a deep understanding of collections processes and regulations and excellent communication skills.
This role presents an exciting opportunity to make a tangible impact within our community by facilitating financial stability and empowering small business owners to fulfill their financial obligations. If you're passionate about leveraging your expertise to drive positive change and possess the necessary skills to excel in this role, we invite you to join our team at Wacif.
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QUALIFICATIONS:
WORK SCHEDULE: Up to 20 hours per week.
About the Washington Area Community Investment Fund (Wacif)
Wacif advances equity and opportunity in the Washington, D.C. area’s underserved communities by providing financial capital, business advisory services, and strategic networking support to underinvested entrepreneurs. Since its inception in 1987, Wacif has deployed more than $100 million in capital, served more than 4,500 entrepreneurs with business advisory services, and helped create or retain more than 44,000 local jobs. To learn more about Wacif’s work, visit www.wacif.org.
COMPENSATION
Competitive salary commensurate with experience. Medical, Dental, Vision, HSA, FSA, DCA, Life & Disability insurance coverages available. 401(k) retirement plan (employer matching contribution eligible); paid time off (increased with tenure), paid holidays and sick leave days, transportation benefits, and education assistance benefits (professional development, tuition reimbursement, and student loan repayment).
Wacif is an equal opportunity employer and welcomes candidates from diverse backgrounds. Wacif provides a flexible and hybrid working environment with the opportunity to work remotely.
Job Types: Part-time, Contract
Pay: $25.87 - $38.81 per hour
Expected hours: 20 per week
Benefits:
Weekly day range:
Work setting:
Work Location: Hybrid remote in Washington, DC 20018