Collections Manager
loewshotels · TN - Nashville - Loews Financial Service Center
Job description
About the role
Loews Financial Service Center in Nashville is looking for a Collections Manager to provide direction and leadership in a high-volume financial shared services environment supporting hotel properties across North America. The manager leads a team of Collections Coordinators and Senior Collections Coordinators, liaises with hotel leaders and keeps aged receivables to a minimum.
Key responsibilities
- Lead daily billing and collections operations, including advance and final deposits and post-event receivables, in line with contractual payment terms
- Oversee Collections Coordinators so that service levels, productivity standards and collection goals are met
- Manage aged accounts receivable reporting and drive timely collection of outstanding balances to support cash flow
- Resolve billing disputes and delinquent accounts with clients and hotel teams, and act as the main contact for complex collection issues
- Develop, recommend and monitor payment plans for delinquent accounts, and coordinate collection agency referrals with full documentation
- Monitor workflows, KPIs and collection metrics, and hold regular meetings with hotel leadership on receivables and collection strategy
- Ensure compliance with internal controls and accounting best practices, and drive continuous improvement
- Hire, train, coach and evaluate team members
Required profile
- Minimum 2 years of billing and accounting/collections experience
- Preferred: Business Administration or Accounting degree
- 2-5 years of customer-facing work in hospitality or finance, 1-2 years supervising a team, 5 years' experience with collections
- Ability to work under pressure, adapt to change and meet deadlines
- Good communication, confidentiality and teamwork skills
Required skills
- Standard and intermediate spreadsheet functions in Microsoft Office
- General knowledge of mathematics and accounting principles
What we offer
- Health and wellness benefits, 401(k) with company match
- Paid sick days, vacation, holidays, bereavement leave and pet bereavement
- Tuition reimbursement and pet insurance
- Training and development, career growth, team member hotel rates and other perks
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Published 6 hours ago
Expires 1 month from now
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loewshotels
TN - Nashville - Loews Financial Service Center
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