08 Aug
|
Quantum Leap Learning Solutions
|
Bengaluru
08 Aug
Quantum Leap Learning Solutions
Bengaluru
This is not a loan recovery or credit card collections role. There is no credit score, no regulatory lever, and no asset lock-in behind our receivables.
Recovery here is a value and relationship function.
The Collection Manager owns end-to-end collections for Quantum Leap Learning Solutions. The role is accountable for converting booked revenue into realised revenue at an 80%+ collection ratio, building a high-performing collections team, designing event-to-event collection strategies, and providing management with accurate revenue visibility through reports and forecasts.
This is a high-ownership, data-driven role that sits at the intersection of Sales, Finance, and Data, with direct impact on cash flow, refunds, and revenue predictability.
**Role Overview**
**Key Responsibilities**
- **Company**: Quantum Leap Learning Solutions
- **Designation**: Collection Manager
- **Function**: Revenue/Collections
- **Reports to**: Head of Inside Sales
1. **Collection Performance & Targets**
- Deliver 80%+ collections against the total booked amount, event-on-event and month-on-month.
- Own collection KPIs, daily/weekly/monthly targets, and escalation thresholds.
- Drive recovery from partial-paid, overdue, and at-risk clients.
2. **Team Leadership**
- Lead, coach, and drive the collections team; set explicit responsibilities, SLAs, and individual KRAs.
- Build review cadences (daily huddles, weekly performance reviews) and a culture of accountability.
- Identify capability gaps and run targeted training on objection handling, negotiation, and payment closure.
- Create, develop and own strategies which match the brand’s values and reputation.
3. **Event-to-Event Collection Strategy**
- Design and continuously improve collection playbook for each event/program cycle (PACE, BIC, BSW, etc.).
- Define call cadences, communication scripts, follow-up windows, and conversion levers per cohort.
- Benchmark each event's collection performance and embed learnings into the next cycle.
4. **Root Cause Analysis (RCA) on Misses**
- Diagnose gaps whenever collection targets are missed by event, segment, ticket size, payment mode, and team member.
- Publish structured RCAs with corrective and preventive actions, and track closure to completion.
5. **Cross-functional Partnership (Sales & Data)**
- Partner with the Sales & Operations team to share structured feedback on lead quality, commitment quality, and closure hygiene.
- Work with the Data team to identify revenue leakage, drop-off points in the payment journey, and high-risk cohorts.
- Translate data insights into operational actions for both Sales and Collections.
6. **NBFC & Financing Partnerships**
- Identify, evaluate, and onboard NBFC partners to expand EMI and financing options for clients.
- Negotiate commercial terms, approval TATs, and rejection-rate improvements.
- Own the operational integration between NBFC partners, Sales, and Collections.
7. **Payment Plan Design**
- Build flexible, compliant payment plan structures (EMIs, milestone-based plans, deferred plans) to lift conversion of bookings into collections.
- Define eligibility rules, approval matrix, and risk guardrails for each plan.
8. **Activation of Partial-Paid & Stuck Pipeline**
- Work with Sales to re-engage partial-paid clients and stuck/non-moving booked data.
- Define joint Sales–Collections workflows for prioritization, hand-offs, and closure of dormant pipelines.
9. **Refund Minimization**
- Build proactive strategies to minimize refunds, early warning signals, save-desk interventions, alternate plan offers, and value reinforcement.
- Track refund reasons, publish trends,
and drive cross-functional fixes at the source.
10. **Reporting & Revenue Visibility**
- Own and publish the Collection Report (daily/weekly/monthly) and a rolling Collection Forecast for Management.
- Provide clear visibility on booked vs. collected, expected inflows, risks, and recovery actions.
- Present insights and recommendations in leadership reviews.
**Candidate Profile**
**Experience**
- 5–8+ years in collections, recovery, or revenue operations.
- Proven experience leading a collections team in EdTech, BFSI, NBFC, EMI/consumer finance, training/education, or high-ticket B2C environments.
- Hands-on experience onboarding and managing NBFC partnerships is strongly preferred.
**Skills & Competencies**
- Strong team leadership and performance management.
- Sharp analytical and RCA skills; comfortable with dashboards, Excel/Sheets, and CRM data.
- Excellent negotiation, objection handling, and stakeholder management.
- Ability to design payment plans and policy frameworks balancing conversion and risk.
- Structured reporting and forecasting discipline.
- Cross-functional partnership skills works seamlessly with Sales, Data, and Finance.
**Key Performance Indicators (KPIs)**
- Collection % of Booked Amount
- Event-on-Event Collection Growth
- Refund Rate
- NBFC-funded Collections Share
- Forecast Accuracy
- Partial-paid Recovery %
- RCA Closure on Misses
**Mindset**
- High ownership and outcome-driven.
- Data-first decision making.
- Calm under pressure; thrives in a fast-paced, target-led environment.
- Customer-empathetic while protecting business interests.
- Direct line of sight to company revenue and cash flow.
- High visibility with leadership through forecasts and reviews.
- Opportunity to build the collections function, including NBFC partnerships and payment-plan products, from the ground up.
- Work alongside high-performing Sales, Data, and Program teams driving flagship programs like PACE and BIC.
📌 Collections Manager (Bengaluru)
🏢 Quantum Leap Learning Solutions
📍 Bengaluru