At a Glance
- Tasks: Lead global collections strategies and manage a remote team to optimise cash flow.
- Company: Join Mitel, a leader in connecting businesses and enhancing customer experiences.
- Benefits: Enjoy a competitive salary, flexible working options, and opportunities for professional growth.
- Other info: Embrace diversity and inclusivity in a dynamic, supportive work environment.
- Why this job: Make a real impact on global financial strategies while working with a diverse team.
- Qualifications: Bachelor’s degree in finance or 3-5 years of international credit experience required.
The predicted salary is between 60000 - 80000 £ per year.
At Mitel, you will have the opportunity to help businesses connect, collaborate and provide better experiences for our customers. You will deliver valuable contributions in creating business success within our global organization utilizing your unique attributes, skills and experience.
Overview:
A Global Collections Manager oversees the accounts receivable, develops strategies to minimize bad debt, optimize cash flow across regions, and ensure compliance regarding regulations. Managing their team remotely, negotiating settlements and payment plans, managing third-party collection agencies, and reporting on the global portfolio performance.
Responsibilities:
- Developing and implementing global collections strategies to improve cash flow, reduce aged receivables, and optimizing the "order-to-cash" cycle.
- Leading, coaching, and mentoring a geographically dispersed team of collectors and specialists to hit performance targets, such as reducing DSO and bad debt expense.
- Partnering with Sales, Finance, Legal, and Customer Success departments to resolve complex, high-value billing disputes and negotiate repayment terms with direct and indirect customers worldwide.
- Analyzing and presenting global AR aging reports, payment trends, AFDA analysis and cash flow forecasts to senior leadership.
Requirements:
- A bachelor’s degree in finance, accounting, business administration, or 3 to 5+ years of work experience in international credit or collections.
- Experience in managing a diverse team, preferably a global remote team.
Mitel is committed to achieving workforce diversity and creating an inclusive working environment. Diversity makes sense for us, for our customers and for our future. We value different perspectives, skills and experiences, and welcome applications from all sections of the community.
Global Collections Manager employer: Mitel Networks
At Mitel, we pride ourselves on being an exceptional employer that fosters a collaborative and inclusive work culture. With opportunities for professional growth and development, our Global Collections Manager role allows you to lead a diverse team while working in a hybrid environment across vibrant locations like Sofia, Brasov, and Athens. Join us to make meaningful contributions to our global success and enjoy the flexibility and support that comes with being part of a forward-thinking organisation.
StudySmarter Expert Advice🤫
We think this is how you could land Global Collections Manager
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Mitel Networks. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Global Collections Manager
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Mitel Networks.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Mitel Networks's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Mitel Networks
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Mitel Networks.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Mitel Networks will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Mitel Networks employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
