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Collections Manager

About Quench 

Quench USA, Inc. offers bottle-free filtered water solutions for healthy and environmentally conscious consumers outside the home, through direct sales and independent dealers across North America. Our bottle-free water coolers, ice machines, sparkling water dispensers and coffee brewers, purify the existing water supply to provide reliable and convenient filtered water to a broad mix of businesses, including government, education, healthcare, manufacturing, retail, hospitality, and other large commercial customers, including more than half of the Fortune 500. Quench has grown from a small regional company to a national and international leader that had a successful NYSE public offering in 2016 and is now a strategic company owned by private equity backed Culligan. The Company has a sustainable mission and value proposition and is the leading consolidator in a fast-growing market. Headquartered in King of Prussia, PA, Quench has sales and service operations across North America to serve our 60,000+ customers, and a network of over 250 independent dealers selling products under the brand names Pure Water Technology, Wellsys and Bluline. Quench is a Culligan Company. 

 

About Culligan 

Founded by Emmett Culligan in 1936, Culligan is a world leader in delivering superior water solutions that will make a real difference in improving the health and wellness of consumers. The company offers some of the most technologically advanced, state-of-the-art water filtration and treatment products. These products include water softeners, drinking water systems, whole-house systems and solutions for businesses. Culligan’s network of franchise dealers is the largest in the world, with over 900 dealers in 90 countries. Many Culligan dealers have valuable equity in their local communities as multigenerational family owners of their franchises. For more information


Overview
  • Are you an experienced and proactive leader in collections looking to make a significant impact? Reporting directly to the VP of Direct Collections, this pivotal leadership role oversees collections operations, drives strategies to manage new and aged debt portfolios, and leads a high-performing team. Expertise in Salesforce and Excel is critical for success in this position.

  • As a key contributor to the organization, you’ll have the opportunity to collaborate with internal teams, streamline processes, and play a direct role in shaping the company’s financial performance. If you’re ready to lead, innovate, and drive meaningful change, we encourage you to apply!


Responsibilities
  • Lead and manage collections processes to ensure the timely and effective recovery of outstanding debts.
  • Develop and implement collection strategies to maximize recovery rates and minimize bad debt losses.
  • Oversee relationships with third-party collections agencies, ensuring optimal performance and compliance.
  • Manage the bankruptcy process, ensuring adherence to regulations and efficiency.
  • Investigate credit risk in customers and suppliers, advising on credit applications and risk mitigation strategies.
  • Design and refine processes to improve cash flow and optimize receivables management.
  • Monitor and negotiate overdue accounts using exceptional communication and negotiation skills.
  • Analyze credit and collections data, identifying trends and opportunities for process improvements.
  • Ensure compliance with internal policies, industry standards, and regulatory requirements related to collections activities.


Requirements
  • 5+ years of collections experience, with a proven track record in managing both new and aged debt portfolios.
  • 2+ years of leadership experience, with demonstrated success in leading, mentoring, and developing direct reports.
  • Knowledge of credit and collections processes, including risk investigation and debt recovery strategies.
  • Hands-on experience managing third-party collections agencies and driving performance optimization.
  • Proficiency in Salesforce and Excel, with the ability to analyze data and enhance collection operations.
  • Analytical skills to identify trends and make data-driven recommendations.
  • Communication and negotiation abilities to work effectively with internal stakeholders and external partners.
  • Proven ability to meet project goals and manage personnel and budgets effectively.


Quench offers salary, commission,  benefits, and incentive awards. We are proud to be an Equal Opportunity Employer. Quench provides equal opportunity in all of our employment practices to all qualified employees and applicants without regard to sex, sexual orientation, race, color, religion, gender, national origin, ethnicity, age, disability, marital or family status, pregnancy, military status, veteran status, genetic information or any other category protected by federal, state and local laws. This policy applies to all aspects of the employment relationship, including recruitment, hiring, compensation, promotion, transfer, disciplinary action, layoff, return from layoff, benefits, training, social and recreational programs. All such employment decisions will be made without unlawfully discriminating on any prohibited basis. 

 

Applicants 

Beware of fake job offers falsely claiming affiliation with our company. 

 

•We never request banking details or other personally identifiable information during interviews. 

•Our recruiters will never ask prospective employees for payment to apply for a position or as a condition of employment. 

•Official emails are from our domain. Our approved emails will come from @quenchwater.com. 

 

 

Verify offers through our official HR channels to safeguard your privacy and security. If you have any questions or suspicions regarding the authenticity of any job posting or communication allegedly by or on behalf of Quench, please contact us immediately at jobs@quenchwater.com. 

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CEO of Quench
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Tony Ibarguen
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Average salary estimate

$75000 / YEARLY (est.)
min
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$60000K
$90000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Collections Manager, Quench

As a Collections Manager at Quench, you will be stepping into a vital leadership role within a thriving company that's been making waves in the water solutions industry. Based in King of Prussia, PA, Quench serves clients across North America, including many Fortune 500 companies, with innovative bottle-free water solutions. Your primary mission will be to oversee collections operations, driving strategies to effectively manage both new and aged debt portfolios. This isn't just about managing numbers; you'll be leading a high-performing team and fostering collaboration with internal departments to enhance our overall financial health. With your extensive experience using Salesforce and Excel, you're well-equipped to analyze data, streamline processes, and implement actionable collection strategies that maximize recovery rates while minimizing bad debt losses. Your ability to communicate and negotiate effectively will be key, especially when overseeing relationships with third-party agencies and directly managing bankruptcy processes. If you're looking for a role where you can truly make an impact and help shape the financial future of a company that prioritizes sustainability and innovation, then Quench is eager to welcome you aboard! With a competitive salary, commission, and a suite of benefits, your contributions will not only be recognized but rewarded. Ready to lead and drive meaningful change? We invite you to apply and be a part of this exciting journey at Quench!

Frequently Asked Questions (FAQs) for Collections Manager Role at Quench
What are the main responsibilities of a Collections Manager at Quench?

As a Collections Manager at Quench, your main responsibilities will include managing the collections processes to ensure effective recovery of outstanding debts, developing collection strategies, and overseeing relationships with third-party collections agencies. Furthermore, you'll handle the bankruptcy process and investigate customer credit risks, providing insights on risk mitigation.

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What qualifications are required to become a Collections Manager at Quench?

To qualify for the Collections Manager role at Quench, you need a minimum of 5 years' experience in collections, including 2 years in a leadership position. Proficiency in Salesforce and Excel is essential, alongside strong analytical skills to identify trends and strategies for effective credit management.

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How does a Collections Manager at Quench support the financial performance of the company?

The Collections Manager plays a crucial role in shaping Quench's financial performance by implementing collection strategies that improve cash flow, minimizing bad debt losses, and optimizing receivables management. Your leadership helps create a sustainable recovery process critical for the company's success.

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What tools and technologies does a Collections Manager at Quench use?

A Collections Manager at Quench utilizes tools such as Salesforce for managing collections operations and Excel for data analysis. These technologies are vital for tracking performance, negotiating outstanding accounts, and developing insights that drive process improvements.

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What kind of team dynamics can a Collections Manager expect at Quench?

At Quench, the Collections Manager will lead a passionate team focused on collaboration and high performance. You will mentor team members, fostering an environment that encourages innovation and continuous improvement in collections practices.

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Common Interview Questions for Collections Manager
Can you elaborate on your experience with managing debt portfolios in your previous roles?

Be prepared to share specific examples where you've successfully managed both aged and new debt portfolios. Highlight your strategies for prioritizing collections, the tools you used, and how your actions led to improved recovery rates.

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How do you develop effective collection strategies?

Discuss your approach to developing collection strategies, including data analysis for identifying trends, collaboration with other teams, and leveraging technology to enhance the collections process. Include examples of successful strategies you've implemented.

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Describe your experience with overseeing third-party collections agencies.

Talk about your experience in managing relationships with third-party agencies, setting performance expectations, and ensuring compliance with regulations. Provide examples of how you optimized their performance to benefit your organization.

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What strategies do you employ to negotiate overdue accounts?

Explain your negotiation techniques that prioritize communication and understanding the client's situation, ensuring you achieve favorable outcomes while maintaining strong professional relationships.

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How do you handle the bankruptcy process for debts?

Articulate your knowledge of the bankruptcy process and your experience in managing it. Discuss how you ensure adherence to regulations while efficiently handling such sensitive procedures.

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What role does compliance play in your collections strategy?

Compliance is fundamental in collections. Highlight your understanding of relevant regulations and how you incorporate compliance checks into your strategy to mitigate risks associated with collections activities.

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Can you provide an example of a challenging collections situation you've faced?

Share a challenging situation that required your skills in negotiation and problem-solving. Explain the steps you took and how you resolved the issue effectively.

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Describe how you mentor and develop your team members.

Speak about your mentorship style, how you identify and nurture potential within your team, and specific instances where you helped team members achieve their professional goals.

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What metrics do you consider most important in collections management?

Discuss key metrics like recovery rates, days sales outstanding (DSO), and customer satisfaction scores. Explain how these metrics guide your decision-making and improvement efforts.

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Why do you want to work as a Collections Manager at Quench?

Express your enthusiasm for working at Quench, highlighting your alignment with the company's mission, experience within the industry, and how you can contribute to their continued success and innovations in water solutions.

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Quench USA, Inc. offers bottle-free filtered water solutions for healthy and environmentally conscious consumers outside the home, through direct sales and independent dealers across North America. Our bottle-free water coolers, ice machines, spar...

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Full-time, on-site
DATE POSTED
December 30, 2024

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