Collections Manager POST NUMBER: 484074

Louisville, KY, US On-Site
Banking & Financial Services (includes Investment Banking), Logistics & Warehousing
Vaco
$ 110000.00 - 125000.00 yearly
direct hire
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Position Overview  

An organization is seeking a Collections & Treasury Manager to lead both commercial collections and treasury operations. This role is responsible for improving cash flow, optimizing working capital, overseeing accounts receivable performance, and managing daily treasury activities. The position will partner closely with Finance, Accounting, Operations, and Commercial teams to support liquidity, reduce risk, and drive process improvements across the organization. The ideal candidate is a hands-on leader with strong experience in commercial collections, cash management, forecasting, and team leadership. This individual will bring a continuous improvement mindset and a proven ability to drive operational efficiencies while supporting strategic financial objectives.  

Key Responsibilities  

Collections & Accounts Receivable Leadership 

  • Lead and develop the collections and accounts receivable team 

  • Implement strategies to improve cash collections, cash conversion, and DSO performance 

  • Oversee commercial customer accounts and manage collection activities 

  • Partner with internal stakeholders to resolve billing disputes and payment issues 

  • Monitor customer credit exposure and support credit risk management initiatives 

  • Develop and track key performance metrics to improve collection effectiveness 

Treasury & Cash Management 

  • Manage daily cash positioning and liquidity activities 

  • Prepare and maintain short- and long-term cash flow forecasts 

  • Maintain banking relationships and support financing activities 

  • Monitor working capital performance and identify optimization opportunities 

  • Manage treasury systems, banking platforms, and electronic payment processes 

  • Provide leadership with cash flow reporting and liquidity insights 

Leadership & Business Partnership 

  • Lead, mentor, and develop a team of finance professionals 

  • Collaborate with Accounting, Finance, Operations, and Commercial teams 

  • Support strategic initiatives related to cash flow, working capital, and financial performance 

  • Communicate financial insights and recommendations to management 

Process Improvement & Controls 

  • Drive automation and continuous improvement initiatives across collections and treasury functions 

  • Enhance internal controls and ensure compliance with company policies 

  • Identify opportunities to improve reporting, workflows, and financial processes 

  • Support ERP and treasury system enhancements 

Qualifications 

  • Bachelor’s degree in Finance, Accounting, Business Administration, or related field 

  • 5–8 years of experience in treasury, collections, accounts receivable, or finance leadership roles 

  • Strong experience with commercial collections and cash flow management 

  • Experience with cash forecasting, liquidity management, and working capital optimization 

  • Advanced proficiency in Microsoft Excel 

  • Experience with ERP systems, treasury platforms, and financial reporting tools 

  • Strong analytical, problem-solving, and organizational skills 

  • Excellent communication and leadership abilities 

  • Ability to manage multiple priorities in a fast-paced environment 

Preferred Qualifications 

  • Experience in a large corporate, manufacturing, industrial, transportation, or logistics environment 

  • Experience with Treasury Management Systems (TMS) and banking platforms 

  • Knowledge of credit risk management and customer credit analysis 

  • Experience leading process improvement and automation initiatives 

  • Exposure to asset-based lending or complex financing structures is a plus 

EEO Notice

Vaco by Highspring is an Equal Opportunity Employer and does not discriminate against any employee or applicant for employment because of race (including but not limited to traits historically associated with race such as hair texture and hair style), color, sex (includes pregnancy or related conditions), religion or creed, national origin, citizenship, age, disability, status as a veteran, union membership, ethnicity, gender, gender identity, gender expression, sexual orientation, marital status, political affiliation, or any other protected characteristics as required by federal, state or local law.

Vaco by Highspring and its parents, affiliates, and subsidiaries are committed to the full inclusion of all qualified individuals. As part of this commitment, Vaco by Highspring and its parents, affiliates, and subsidiaries will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact HR@vaco.com.

Vaco by Highspring also wants all applicants to know their rights that workplace discrimination is illegal.

Representation Notice

By submitting to this position, you agree that you will be giving Vaco by Highspring the exclusive right to present your as a candidate for the foregoing employment opportunity. You further agree that you have represented information about yourself accurately and have not affirmatively misrepresented your qualifications. You also agree to maintain as confidential, to the fullest extent permitted by law, any information you learn from Vaco by Highspring about the position and you will limit disclosure of information about the position only to the extent necessary to perform any obligations in furtherance of your application. In exchange, Vaco by Highspring agrees to exercise reasonable efforts to represent you through all solicitation, job screening and resume dispersal.

For residents of Ontario, Canada: Based on Highspring’s discussions with its Client, Highspring’s understanding is that this position for employment is a current vacancy (either through Highspring as a contractor or with the client directly).

Privacy Notice

Vaco by Highspring and its parents, affiliates, and subsidiaries (“we,” “our,” or “Vaco by Highspring”) respects your privacy and are committed to providing transparent notice of our policies.

  • California residents may access Vaco by Highspring HR Notice at Collection for California Applicants and Employees here.
  • Virginia residents may access our state specific policies here.
  • Residents of all other states may access our policies here.
  • Canadian residents may access our policies in English here and in French here.
  • Residents of countries governed by GDPR may access our policies here.

Additionally, submissions to this position are subject to the use of AI to perform preliminary candidate screenings, focused on ensuring minimum job requirements noted in the position are satisfied. More details about Vaco by Highspring’s use of AI can be found here (https://www.highspring.com/ai-use-notices/). Further assessment of candidates beyond this initial phase will be conducted by recruiters and hiring managers. Vaco by Highspring does not know and cannot opine on if its client’s use of AI products in hiring.

Pay Transparency Notice

Determining compensation for this role (and others) at Vaco by Highspring depends upon a wide array of factors including but not limited to:

  • the individual’s skill sets, experience and training;
  • licensure and certification requirements;
  • office location and other geographic considerations;
  • other business and organizational needs.

With that said, as required by local law, Vaco by Highspring believes that the following salary range referenced above reasonably estimates the base compensation for an individual hired into this position in geographies that require salary range disclosure. The individual may also be eligible for discretionary bonuses.

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