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Manager Of Collections Jobs in Summit, NJ (NOW HIRING)

Collections Specialist

Ramsey, NJ

$18.50 - $25/hr

... of the Ramsey, NJ headquarters. The ideal candidate for this role will have experience in collections, accounting/finance, administration, and industry experience in property management.

Collections Specialist

Hackensack, NJ · On-site

$25 - $30/hr

Skills: * 2+ years of collections, accounts receivable required. Property Management/Real Estate industry experience preferred. * Strong verbal and written communication skills with the ability to ...

Collections Specialist

Hackensack, NJ · On-site

$25 - $30/hr

Skills: * 2+ years of collections, accounts receivable required. Property Management/Real Estate industry experience preferred. * Strong verbal and written communication skills with the ability to ...

Collections Specialist

New York, NY · On-site

$48.45 - $52.50/hr

... of investment amounts to local and firm management * Prepares collection and A/R related reports ... Extensive knowledge of collections * Excellent communication skills to liaise effectively with ...

Senior Collections Specialist

New York, NY · On-site

$70K - $100K/yr

... the collections function. This role requires strong negotiation skills, sound judgment on ... Manage a portfolio of delinquent accounts, prioritizing outreach based on risk, balance, and aging

... the collections function. This role requires strong negotiation skills, sound judgment on ... Manage a portfolio of delinquent accounts, prioritizing outreach based on risk, balance, and aging

Collections, Team Lead

New York, NY · On-site

$90K - $100K/yr

The Collections Team Leader provides day-to-day supervision and guidance to the Collections team while continuing to manage a portfolio of delinquent accounts. The Team Leader ensures that ...

The Collections Team Leader provides day-to-day supervision and guidance to the Collections team while continuing to manage a portfolio of delinquent accounts. The Team Leader ensures that ...

Collections, Team Lead

New York, NY · On-site

$90K - $102K/yr

The Collections Team Leader provides day-to-day supervision and guidance to the Collections team while continuing to manage a portfolio of delinquent accounts. The Team Leader ensures that ...

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Manager Of Collections information

See Summit, NJ salary details

$32.9K

$62.4K

$115.8K

How much do manager of collections jobs pay per year?

As of Aug 21, 2026, the average yearly pay for manager of collections in Summit, NJ is $62,397.00, according to ZipRecruiter salary data. Most workers in this role earn between $43,000.00 and $69,600.00 per year, depending on experience, location, and employer.

What is a manager of collections?

A Manager of Collections is a professional responsible for overseeing a team that manages the collection of overdue payments from individuals or businesses. Their duties include developing collection strategies, monitoring staff performance, ensuring compliance with laws and regulations, and maintaining positive relationships with clients or customers. They often analyze collection data to improve processes and report on collection activity to upper management. Strong leadership, communication, and analytical skills are essential for this role.

What are some typical challenges faced by a manager of collections, and how can they be addressed?

As a Manager of Collections, one common challenge is balancing the need to recover outstanding debts while maintaining positive customer relationships. This role often requires implementing effective collection strategies, managing a team of collectors, and ensuring compliance with legal and regulatory requirements. Success often depends on strong communication skills, adaptability to changing targets, and the ability to motivate and train team members. Regular collaboration with other departments, such as customer service and finance, helps to resolve disputes and improve collection rates.

What are the key skills and qualifications needed to thrive as a manager of collections, and why are they important?

To thrive as a Manager of Collections, you need expertise in credit and collections management, financial analysis, and a bachelor's degree in finance, business, or a related field. Familiarity with collections software (like FICO Debt Manager or CACS), CRM systems, and relevant certifications such as the Certified Credit and Collection Professional (CCCP) are valuable. Strong leadership, negotiation, and problem-solving skills help in motivating teams and resolving complex delinquency cases. These abilities are crucial for optimizing cash flow, minimizing risk, and ensuring efficient recovery processes within an organization.

What is the difference between Manager Of Collections vs Collections Supervisor?

AspectManager Of CollectionsCollections Supervisor
ResponsibilitiesOversees entire collections department, develops strategies, manages teams, and ensures company recovery goals are met.Supervises collections staff, monitors daily operations, and ensures team compliance with policies.
Required CredentialsBachelor's degree, experience in collections, leadership skillsHigh school diploma or equivalent, experience in collections, supervisory skills
Work EnvironmentOffice setting, managerial meetings, strategic planningOffice environment, team oversight, daily operational tasks

The Manager Of Collections typically holds a higher-level role with strategic responsibilities, while the Collections Supervisor focuses on daily team management. Both roles require experience in collections, but the manager oversees broader department functions and policy development, whereas the supervisor concentrates on team performance and compliance.

What cities near Summit, NJ are hiring for Manager Of Collections jobs?

Cities near Summit, NJ with the most Manager Of Collections job openings:

$18.50 - $25/hr

Full-time

Medical, Dental, Vision, Life, PTO

Re-posted 27 days ago


Job description

DASMEN Residential is seeking an organized and detail-oriented Collections Specialist to be based out of the Ramsey, NJ headquarters. The ideal candidate for this role will have experience in collections, accounting/finance, administration, and industry experience in property management.
Responsibilities:
  • Process payments mailed to the corporate office in a timely manner (checks, money orders, etc.)
  • Apply payments to the appropriate resident account in the Yardi system
  • Create weekly/monthly reports on all payment activities and collections to update the leadership team
  • Work with Property Managers and on-site staff to make sure systems are updated with incoming payments and all accounts are up to date.
  • Coordinate with the Operations and Accounting departments on all payment collection activities.
  • Must be able to work with minimal supervision
Requirements:
  • Strong communication skills in English, both verbal and written
  • Bilingual in Spanish preferred
  • Excellent organizational skills and attention to detail required
  • Minimum 3 years of collections/accounting experience required
  • Must be tech-savvy and able to learn new computer systems quickly
  • Intermediate math skills amp; prior experience handling checks, money orders, and financial transactions
  • Must work out of the Ramsey, NJ office (no remote work)''
Why You Should Work for DASMEN:
  • Competitive salary amp; high bonus potential
  • Medical, Dental, Vision Insurance
  • Generous vacation and sick leave policy
  • Extensive Paid Holidays
  • Employee recognition and awards
  • Free life insurance
  • Short term disability
  • Company-wide events
  • A work family you can always rely on
  • Employee Mentorship program
  • Reimbursement program for industry schooling
  • Employee housing discount
  • Awarded Best Places to Work by multiple organizations
  • Associate referral bonus
  • Paid maternal and paternal leave
  • Ongoing training
  • Internal growth opportunities