Collections Manager
SOCOTEC US · Dallas, TX · 3 wk ago
FinanceFull-time
Job Description
SOCOTEC is seeking an experienced Collections Manager to lead and develop a geographically distributed team of 7 collections specialists across Dallas, New York, Miami, and San Diego. This is a high-impact, hands-on role at a pivotal moment for the finance function.
Key Responsibilities
- Collections Operations
- Own the end-to-end collections process for a portfolio of 2000+ B2B accounts across construction and engineering services
- Monitor aging reports, set and enforce collection targets, and drive DSO improvement
- Manage complex disputes and escalations, including pay-when-paid contract situations and multi-project client relationships
- Develop and enforce standard operating procedures for collections, ensuring consistency across all locations
- Drive automation through adoption of HighRadius and other technology/AI
- Prepare and present regular performance reports to senior leadership, including KPIs, aging analysis, and cash flow forecasting
- Trade Receivables Financing Program
- Manage the day-to-day operations of SOCOTEC's factoring program, serving as the primary point of contact with the financing partner
- Oversee credit limit monitoring and eligibility assessments for factored invoices
- Ensure accurate and timely cash application and reconciliation of factored receivables
- Identify opportunities to optimize program utilization and improve cash flow outcomes
- HighRadius - Business Ownership
- Serve as the functional lead and business owner for HighRadius, representing the collections team's needs and priorities
- Define business requirements, validate proposed workflows, and ensure the tool is configured to reflect real collections processes
- Partner with IT to provide ongoing functional input and sign off on key milestones
- Lead change management within the collections team, including training and adoption of new tools and workflows
- Develop documentation and SOPs to embed HighRadius into day-to-day operations once live
- Team Leadership & Development
- Build, lead, coach, and develop a team of 7 collections specialists across multiple locations (Dallas, New York, Miami, San Diego)
- Define individual and team goals, monitor performance, and provide regular feedback and development opportunities
- Support the build-out of the Dallas Shared Services Center, including the gradual transition of collections resources to Dallas over time
- Foster a results-driven, collaborative culture that can scale with the business
- Cross-Functional Collaboration
- Work closely with project accountants and operations teams to resolve billing disputes and ensure invoice accuracy upstream of collections
- Partner with the CFO and Controller on cash flow visibility, receivables strategy, and credit policy
- Collaborate with IT on systems-related matters, providing clear business requirements and functional feedback
Qualifications
- 10+ years of experience in collections or accounts receivable, with at least 5 years in a managerial role
- Experience in the construction, engineering, or professional services industry strongly preferred — familiarity with pay-when-paid contracts and project-based billing is a significant advantage
- Experience defining business requirements or serving as a functional owner for collections software; HighRadius experience is a strong plus
- Hands-on experience managing a trade receivables financing or factoring program is a strong plus
- Proven ability to lead and develop distributed teams
- Strong analytical skills and comfort with ERP systems and financial reporting tools
- Excellent communication and negotiation skills, with the ability to manage difficult client conversations professionally
Additional Information
Competitive benefits package including health, dental, vision, and 401(k)
A high-visibility role with direct exposure to senior leadership
The opportunity to build and shape a best-in-class collections function within a rapidly growing company
For more information, please visit www.socotec.us
Job Type: Full-Time, In office 4 days a week with one hybrid/ remote day
All your information will be kept confidential according to EEO guidelines.
SOCOTEC is an Equal Opportunity Employer.