Collections Manager
Community Investment Strategies, Inc · Lawrence, NJ · 1 wk ago
AccountingFull-time
Responsibilities
- Maintain daily contact with residents and/or their representatives concerning any aspect of rent collection, including property visits, telephone inquiries, office interviews, coordination of payments, and offering advice on methods of payment
- Develop and distribute weekly, monthly, quarterly, and annual collections status reports to management
- Resolve cash application issues in conjunction with the AR Specialist
- Research and reconcile resident ledgers
- Works with other team members to resolve and collect payments for disputed charges
- Create, design, implement and enforce debt counselling policy and procedures to ensure sustainable tenancies
- Manage all notices and late fees in accordance with policy and procedures
- Ensures key principles of customer service are adhered to and the needs to vulnerable residents are met
- Understands rent collections that considers financial circumstances and identify suitable cases for referral to debt counselling services
- Actively monitors all payment commitments on a consistent basis and takes appropriate action
- Ensures all YARDI and manual documentation systems are accurately updated and maintained on a timely basis
- Prepares court documents and paperwork relevant to rent cases including negotiation with tenants and other representatives before hearings
- Understands Court procedures including liaison with court officials and legal services as required
- Filings and follows through on small claims proceedings
- Captures lock outs in conjunction with Property Managers
- Captures inventories and photographic evidence in respect of items remaining in the property and damage to property
- Transfers bad debt cases to collection agency in accordance with policy and procedure
- Maintains continual awareness of changes in the regulation and precedents in respect of rent collection and recovery
- Provides written reports in relation to collection, legal referral, including provision of referrals to external agencies
- Liaison between company and collection agency
- Medical
- Dental
- Life Insurance
- PTO
- Paid Sick Leave
- 12 Paid Holidays
Benefits
Pay
Salary: Based on Experience