Collection Manager-Real Estate (Andheri & Thane)

Job Description

Role & responsibilities

1. Collection & Recovery

• Follow-up with developers for outstanding payments.
• Ensure timely collection against invoices raised.
• Track due dates and maintain collection schedules.
• Handle overdue and critical accounts.

2. Debtor Management

• Prepare weekly and monthly ageing reports.
• Monitor debtor outstanding across all branches.
• Identify delayed payment cases and escalate appropriately.

3. Billing & Revenue Coordination

• Coordinate with Sales, CRM and Accounts teams for collection support.
• Ensure invoices are raised as per agreed commercial terms.
• Track milestone-based collections.

4. MIS & Reporting

• Prepare collection MIS and dashboards.
• Share weekly collection status with management.
• Maintain collection records and supporting documents.

5. Process Compliance

• Ensure all collection activities are updated in CRM.
• Maintain proper documentation of commitments received from clients.
• Improve collection processes and reduce outstanding receivables.

6. Developer Relationship & Revenue Assurance

• Conduct regular meetings with developers, finance teams, CRM teams and key stakeholders across locations.
• Visit developer offices for collection follow-ups, reconciliation meetings and closure of pending payment cases.
• Coordinate with Sales, CRM, Legal and Accounts teams to ensure transactions are progressed from booking stage to billable stage.
• Drive closure of pending cases and ensure they are converted into billable transactions at the earliest.
• Prepare and maintain a Pending Billing Tracker for all projects and developers.
• Ensure timely collection of brokerage confirmations, invoices, debit notes, approvals and supporting documents required for bill raising.
• Conduct monthly reconciliation meetings with major developers to identify unbilled transactions, disputed cases and outstanding payments.
• Work closely with Business Heads, Branch Heads and Relationship Managers to resolve collection and billing bottlenecks.
• Ensure no revenue leakage due to delayed billing, missing documentation or unresolved disputes.
• Track developer-wise ageing, outstanding receivables, unbilled revenue and collection commitments.

Preferred candidate profile

Experience: 4-8 years in Collections, Receivables, Recovery or Accounts Receivable

More Info

Education