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Collection Strategy Jobs in Illinois (NOW HIRING)

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Associate Attorney

Chicago, IL · On-site

$125K - $200K/yr

Oversee and execute collection strategies from pre-lien through litigation * Draft and manage demand letters, settlement agreements, and payment plans * Handle collection litigation directly or ...

Sterling Engineering Inc.

Collections Manager

Chicago, IL · On-site

$80K - $100K/yr

The right candidate will bring both strategic thinking and hands-on leadership, ensuring our credit ... Proactively resolve invoice disputes, balancing firm collection practices with positive customer ...

Cars

Lead Technical Web Analyst

Chicago, IL · On-site +1

You excel at designing and overseeing complex analytics implementations from the ground up, troubleshooting intricate tracking issues, optimizing data collection strategies, and defining best ...

Cars Commerce

Lead Technical Web Analyst

Chicago, IL · On-site

You excel at designing and overseeing complex analytics implementations from the ground up, troubleshooting intricate tracking issues, optimizing data collection strategies, and defining best ...

D & A Services, LLC

Collector

Des Plaines, IL · On-site

$18 - $23/hr

Conduct thorough research and review debtor information to assess their ability to repay debts and determine appropriate collection strategies. * Manage Non Complaint debtors: Collaborate with ...

D & A Services, LLC

Collector

Des Plaines, IL · On-site

$18 - $23/hr

Conduct thorough research and review debtor information to assess their ability to repay debts and determine appropriate collection strategies. * Manage Non Complaint debtors: Collaborate with ...

D & A Services, LLC

Collector

Des Plaines, IL

$17 - $23/hr

Conduct thorough research and review debtor information to assess their ability to repay debts and determine appropriate collection strategies. * Manage Non Complaint debtors: Collaborate with ...

circa

Credit and Collections Manager

Skokie, IL · On-site

$98K - $124K/yr

Develop and implement credit policies and collection strategies to minimize bad debt and manage risk. * Evaluate the creditworthiness of potential and existing customers through credit checks and ...

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All JobsCollection Strategy JobsCollection Strategy Jobs in Illinois

Collection Strategy information

See Illinois salary details

$52.3K

$97.8K

$145.4K

How much do collection strategy jobs pay per year?

As of Jul 14, 2026, the average yearly pay for collection strategy in Illinois is $97,771.00, according to ZipRecruiter salary data. Most workers in this role earn between $64,400.00 and $130,800.00 per year, depending on experience, location, and employer.

What is collection strategy?

Collection strategy refers to the methods and processes organizations use to recover outstanding debts from customers or clients. It involves planning, implementing, and optimizing actions to ensure timely payment while maintaining good customer relationships. A strong collection strategy may include segmentation of accounts, use of technology for tracking, and tailored communication approaches. The goal is to minimize unpaid balances and reduce financial risk for the business.

What other jobs can I pivot to after working in collections?

After working in collections, roles such as credit analyst, accounts receivable specialist, or financial analyst are common pivots, as they utilize skills in debt management, financial analysis, and customer communication. These positions often require knowledge of financial software and strong negotiation skills, making them suitable options for career advancement.

What is the difference between Collection Strategy vs Collections Analyst?

AspectCollection StrategyCollections Analyst
Required CredentialsTypically a bachelor's degree in finance, business, or related fieldSame as Collection Strategy, often with certifications like CPA or CFA
Work EnvironmentStrategic planning teams, corporate officesCollections departments, financial institutions
Employer & Industry UsageUsed across industries for debt management planningPrimarily in banking, finance, and credit companies
Search & Comparison IntentFocuses on developing collection approaches and policiesFocuses on executing collection activities and recovering debts

While Collection Strategy involves planning and developing methods to optimize debt collection processes, Collections Analysts focus on executing these strategies by contacting debtors and recovering owed funds. Both roles require similar educational backgrounds and are integral to financial institutions' debt management efforts, but they differ in scope and daily responsibilities.

How does a Collection Strategy professional typically collaborate with other departments to optimize debt recovery processes?

Collection Strategy professionals frequently work cross-functionally with teams such as risk management, customer service, legal, and analytics to develop and refine approaches for debt recovery. They analyze customer data and payment behaviors, then coordinate with analytics teams to design effective segmentation and outreach strategies. Additionally, they work closely with legal and compliance departments to ensure all collection tactics adhere to regulations and company policies. This collaborative approach ensures that collection efforts are both efficient and customer-focused, while minimizing risk for the organization.

What is a collection strategy?

A collection strategy in a job context refers to a plan or approach used to recover outstanding payments or assets from customers or clients. It involves setting policies, procedures, and tools to efficiently manage accounts receivable, often requiring skills in negotiation, data analysis, and familiarity with collection software. Effective strategies help minimize losses and improve cash flow for organizations.

What are the key skills and qualifications needed to thrive in Collection Strategy, and why are they important?

To thrive in Collection Strategy, you need strong analytical skills, knowledge of credit and debt management, and often a background in finance or business. Familiarity with collection management systems (CMS), data analytics tools, and relevant compliance certifications such as CFPB or FDCPA is typically required. Excellent negotiation, problem-solving, and communication skills help professionals stand out in managing debtor relationships and developing effective strategies. These skills are crucial for maximizing recovery rates while maintaining compliance and positive client relationships.

What is the highest paying collection job?

The highest paying collection jobs are typically senior roles such as Collections Manager or Debt Recovery Director, which can offer salaries exceeding $80,000 annually. These positions often require extensive experience, strong negotiation skills, and knowledge of debt collection laws and compliance standards.

What jobs pay 500,000 a year in the US?

In the field of collection strategy, high-paying roles such as senior collections director or chief collections officer can reach or exceed $500,000 annually, especially in large organizations or financial institutions. These positions typically require extensive experience, leadership skills, and often involve overseeing large teams and complex debt recovery processes.
What are popular job titles related to Collection Strategy jobs in Illinois? For Collection Strategy jobs in Illinois, the most frequently searched job titles are:
What job categories do people searching Collection Strategy jobs in Illinois look for? The top searched job categories for Collection Strategy jobs in Illinois are:
Collection Strategy jobs near you
Assistant Controller / Senior Corporate Accountant

Assistant Controller / Senior Corporate Accountant

Belle Aire Creations

Round Lake Park, IL • On-site

$90K - $110K/yr

Full-time

Posted 25 days ago

Job description

Company Description:
Belle Aire Creations aspires to be focus-oriented, customer driven and positioned as the top-tier middle market fragrance solution. We consider ourselves to be a truly unique company whose employees will continue to complement existing personnel and represent the goals and values of the organization.
Business Industry:
Fragrances/Cosmetics/Personal Care/Candles
Job Title:
Assistant Controller / Senior Corporate Accountant
Employment Type:
Full-Time (Fully Onsite)
Reports to:
Director of Finance amp; People Operations
Job Description:
The Assistant Controller / Senior Corporate Accountant owns the production of Belle Aire Creations’ Givaudan corporate reporting and supports the monthly closure. The role exists to lift the heads-down parent-company reporting workload — BOFC/SAP packages, tax and CapEx schedules, treasury support, and the monthly financial package — off the Director of Finance amp; People Operations, who retains overall finance and HR leadership and remains the final reviewer and Givaudan relationship owner. This is a hands-on, deadline-driven technical accounting role for someone who can operate independently in a public-company subsidiary reporting environment.
Job Responsibilities:
Givaudan Corporate Reporting (Primary Focus)
  • Prepare and submit monthly corporate reporting packages in Givaudan’s required format and timelines.
  • Complete required SAP / BOFC reporting packages; maintain account mapping between the local general ledger and SAP/BOFC structures.
  • Upload trial balances and financial data into FIM/BOFC systems and validate successful transmission and consolidation.
  • Review and reconcile control packages for completeness, accuracy, and consistency with corporate standards.
  • Prepare the monthly financial package with EBITDA adjustments in the Givaudan-provided format for the Director’s review.
  • Prepare monthly AR aging analyses with commentary on past-due balances, collection strategy, and expected cash receipts.
  • Respond to requests from regional and global finance teams within accelerated deadlines.
Tax, CapEx amp; Specialized Accounting
  • Prepare tax reporting schedules, effective-tax-rate calculations, and tax packages (including support for BDO review).
  • Prepare CapEx reporting packages, fixed-asset schedules, and workforce/FTE reporting.
  • Handle intercompany, dropship, R amp;D, and royalty accounting, eliminations, and related reconciliations.
  • Develop and maintain new GL structures and processes to support intercompany transactions and corporate reporting.
  • Support IFRS application and reconcile differences between IFRS and U.S. GAAP.
Month-End Close Support
  • Prepare and review journal entries, accruals, prepaid schedules, and account reconciliations.
  • Support the monthly, quarterly, and annual closure and ensure ledgers are corporate-reporting ready.
  • Assist with variance analysis against budget, forecast, and prior year.
  • Help maintain internal controls and corporate accounting policies.
Treasury amp; Integration Support
  • Support the treasury transition to Citibank and participation in the global cash-pooling structure.
  • Assist with weekly payment files, large-vendor approval routing, and treasury reporting.
  • Support acquisition / purchase accounting, opening balance sheet, and ongoing post-acquisition integration tasks.
Audit amp; Compliance Support
  • Prepare schedules and support for annual financial statement and regulatory audits.
  • Assist with multi-state sales amp; use tax filings, 1099s, and inventory counts as needed.
  • Document processes and procedures and contribute to continuous process improvement.
Please note this job description is not designed to cover or contain a comprehensive list of duties or responsibilities required of the employee for this job. Duties and responsibilities for this job may change at any time without notice.
Requirements Education and Experience:
  • Bachelor’s degree in accounting or finance required; CPA or CPA candidate strongly preferred.
  • 5+ years of progressive accounting experience, including month-end close and financial reporting.
  • Experience with corporate / parent-company consolidated reporting; SAP BOFC (or comparable consolidation tools) strongly preferred.
  • Working knowledge of IFRS and U.S. GAAP and the differences between them.
  • Experience supporting tax provisions/packages, fixed asset and CapEx reporting, and intercompany accounting.
  • Strong ERP proficiency (Great Plains / Dynamics a plus) and advanced Excel.
  • Highly organized and detail-oriented; able to meet accelerated, non-negotiable reporting deadlines independently.
  • Comfortable in a subsidiary-of-a-public-company environment with frequent corporate interaction.
Compensation:
  • Competitive market-based salary and benefits package; commensurate with experience

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