Roles and tasks of the Collections Manager

The Collections Manager is an important position within an organisation. The main responsibilities and tasks of a Fundraising Manager include :

  • Identifying and implementing fundraising opportunities.
  • Planning, organising and implementing fundraising campaigns and special events.
  • Reviewing application and offer forms and ensuring that applications and offers comply with current standards and practices.
  • Develop and implement appropriate fundraising and communications strategies.
  • Developing policies and procedures for monitoring, controlling and recording income and expenditure.
  • Coordinate and manage the work of volunteers and/or staff involved in fundraising initiatives.
  • Manage relations with stakeholders and networks of benefactors and/or donors.
  • Manage fundraising contracts and documents.
  • Preparing fundraising and monitoring reports for accounting and budgetary purposes.
  • Working closely with all internal and external teams to support fundraising.

In addition to these main responsibilities and tasks, a Fundraising Manager must also ensure compliance with the legislation and regulations applicable to fundraising. It is also important to know how to use IT tools and information and communication technologies. Finally, the Fundraising Manager must show great sensitivity towards customers and have the ability to work in a high-pressure environment.

Salary and career development of a Collection Manager

The salary of a Collection Manager can vary considerably depending on professional experience and geographical location. In France, the average gross annual salary of a Collection Manager is between €26,000 and €50,000. Here are the gross annual salary trends according to years of experience:

  • 0 to 2 years: 26,000 to 35,000 euros
  • 2 to 5 years: 30,000 to 45,000 euros
  • 5 to 10 years: 34,000 to 49,000 euros
  • 10 to 15 years: 38,000 to 53,000 euros
  • More than 15 years: 42,000 to 57,000 euros

A Collection Manager may decide to continue his or her career by moving into one of the following professions:

  • Compliance Officer
  • Regulatory Affairs Manager
  • Compliance Analyst
  • Business Practices Manager
  • Compliance Project Manager

Advantages and disadvantages of the Collections Manager job

Advantages

Good pay and additional benefits such as holiday pay and bonuses.

Possibility of working from home or flexible hours.

A variety of tasks offering a varied and rewarding work experience.

Challenging and rewarding work with a positive impact on society.

An excellent opportunity to develop practical and personal skills.

Disadvantages

A high probability of being confronted with stressful and difficult situations.

High pressure to perform and achieve results.

Significant ambiguity around responsibilities and expectations.

Training and certification requirements can be tedious and costly.

Physical and/or mental strain can be trying.

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