Senior Manager, Credit and Collections

Choice Hotels InternationalNorth Bethesda, MD
1d$93,000 - $110,000

About The Position

The Senior Manager, Credit & Collections provides strategic and operational leadership for Choice Hotels’ Credit and Collections functions. This role is responsible for managing enterprise-wide credit risk, optimizing cash flow, and ensuring consistent adherence to credit policies across the organization. The Senior Manager partners closely with Finance leadership and cross-functional stakeholders to drive strong financial performance while supporting positive franchise relationships and sustainable business growth.

Requirements

  • 8+ years of progressive experience in credit, collections, accounts receivable, or financial operations.
  • 5+ years of people leadership experience managing and developing teams.
  • Strong analytical skills with advanced Excel skills, including VLOOKUPs, Power Pivot, and Macros.
  • Demonstrated experience developing and enforcing credit policies and managing credit risk.
  • Proficient in Microsoft Outlook, PowerPoint, and Word.
  • Proven ability to partner cross-functionally and influence at multiple levels of the organization.
  • Demonstrated success in reducing aged receivables and improving collection outcomes.
  • Strong conflict resolution and negotiation skills.
  • Exceptional written and verbal communication abilities.
  • Bachelor’s degree in Finance, Accounting, Business, or a related field or an equivalent combination of education and work experience.

Nice To Haves

  • Experience in franchising, hospitality, or multi-unit environments preferred.

Responsibilities

  • Collections Strategy & Financial Performance Analyze accounts receivable data to identify collection opportunities, leveraging advanced Excel and analytical tools to drive data-informed decisions.
  • Develop and oversee collection strategies to reduce aged receivables and improve Days Sales Outstanding (DSO).
  • Establish performance metrics and reporting to monitor portfolio health, identify risks, and track progress against targets.
  • Oversee account defaults, terminations, and the write-off process for bad debt expense.
  • Provide senior-level oversight and guidance on franchisee outreach strategies; support resolution of complex delinquency root causes while balancing risk management and franchise relationships.
  • Strategic Credit Leadership Lead the Credit function, including credit evaluation, approval, monitoring, and ongoing risk management for franchise and corporate accounts.
  • Own and continuously enhance credit policies and procedures, ensuring alignment with business objectives, risk tolerance, and industry best practices.
  • Ensure consistent application and enforcement of credit policy across all brands and portfolios through governance, controls, and ongoing team accountability; review and approve complex or high-risk credit decisions and exceptions.
  • Proactively identify credit risk trends and recommend mitigation strategies to Finance leadership.
  • People Leadership & Talent Development Lead, coach, and develop high-performing Credit and Collections teams through clear expectations, ongoing feedback, and performance management.
  • Manage hiring, onboarding, training, and succession planning to build a scalable and engaged team.
  • Foster a culture of accountability, continuous improvement, and collaboration.
  • Cross-Functional Partnership Partner with Legal, Franchise Operations, Billing, and Finance to resolve complex credit and collection matters.
  • Serve as the escalation point for sensitive, high-impact, or enterprise-risk accounts, including large or multi-property licensees.
  • Communicate effectively with internal stakeholders to balance risk management with business and franchise needs.
  • Process Improvement & Innovation Drive continuous improvement and automation across credit and collections workflows, including the evaluation and implementation of AI-enabled solutions.
  • Improve efficiency, consistency, and scalability of processes while maintaining strong internal controls.
  • Reporting & Executive Support Prepare and deliver daily, weekly, and monthly reporting, including executive-level summaries and insights.
  • Escalate high-risk accounts and emerging trends to Finance leadership with clear, actionable recommendations.
  • Support ad hoc analyses and special projects as business needs evolve.

Benefits

  • Competitive compensation and benefits, including medical, dental, and vision coverage
  • Leave and paid time-off for holidays, vacation, personal, family, volunteer, sick, jury duty, bereavement, military, and religious observance
  • Financial benefits for retirement and health savings
  • Employee recognition programs
  • Discounts at Choice hotels worldwide
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