Senior Third Party Commercial Collections Officer

Senior Third Party Commercial Collections Officer   Job Category  :  Collections

Requisition Number  :  FRENC
002500
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Posted :
August 19, 2026
Full-Time
Hybrid
Locations  Showing 1 location
Toronto, ON , CAN
Description  Are you an experienced  commercial collections professional  who understands that collecting a business debt often requires more than simply making a collection call?
We are looking for a highly motivated and experienced  Senior Commercial Collections Officer  with  5+ years of commercial/B2B collections experience . The successful candidate will be comfortable handling complex commercial accounts involving  contracts, defaulted commercial leases, personal/corporate guarantees, disputed balances, payment defaults and potential legal escalation .
This position requires someone who can independently assess an account, understand the underlying documentation and dispute, develop an appropriate collection strategy, negotiate effectively with business owners and senior decision-makers, and drive accounts toward resolution.
This is a full-time position within the Greater Toronto Area, Monday to Friday, 8:30 a.m. to 5:00 p.m.
Responsibilities
Manage a portfolio of  commercial/B2B collection accounts , including complex and high-balance matters.
Review and understand  commercial contracts, defaulted leases, guarantees, invoices, statements of account and other supporting documentation  to determine the appropriate collection strategy.
Identify key contractual obligations, payment terms, defaults and potential areas of dispute.
Contact business owners, controllers, CFOs, accounts payable departments and other senior decision-makers to secure payment.
Investigate and respond to debtor disputes involving contracts, services, leases, invoices and other commercial obligations.
Negotiate payment arrangements and settlements within established authority.
Recognize when conventional collection activity has been exhausted and recommend accounts for  legal demand, litigation or other escalation .
Conduct skip tracing and corporate/business research to locate businesses, principals and potential contact information.
Develop collection strategies based on the circumstances of individual accounts rather than relying solely on standardized collection activity.
Maintain detailed documentation of collection activity, debtor positions, disputes, payment commitments and recommended next steps.
Provide clear account updates and recommendations to management and clients.
Achieve individual recovery targets while maintaining professional and compliant collection practices.
Maintain strong follow-up and diary management on assigned accounts.
Perform other commercial collection responsibilities as required.
Experience & Qualifications
Minimum 5 years of commercial/B2B collections experience strongly preferred.
Demonstrated experience handling  complex and higher-balance commercial accounts .
Experience reviewing and understanding  commercial contracts and defaulted lease obligations .
Understanding of  personal guarantees, corporate guarantees, contractual defaults and commercial disputes  is highly desirable.
Experience negotiating settlements and structured payment arrangements with businesses.
Ability to recognize when an account should move from conventional collection activity to  legal escalation .
Strong investigative, negotiation and problem-solving skills.
Excellent verbal and written communication skills.
Comfortable communicating with business owners, executives, controllers, lawyers and other professional stakeholders.
Strong organization, time-management and account-documentation skills.
Strong mathematical and reconciliation skills.
Proficiency with  Microsoft Excel and Outlook .
Ability to independently manage a commercial portfolio and prioritize accounts based on balance, collectability, risk and recovery opportunity.
Results-driven, competitive and accountable, with a strong focus on achieving recovery targets.
Compensation
Salary:  $41,600–$50,000 annually, based on commercial collections experience, with additional performance-based earning opportunities
Why Join Us?
Work on challenging and diverse  commercial collection accounts .
Opportunity to manage complex files requiring investigation, negotiation and strategic decision-making.
Performance-driven team environment.
Opportunity for professional growth within an established collections organization.
A position where experience, judgment and recovery performance have a direct impact on results.
Join our team and put your commercial collection experience to work.
We are an equal opportunity employer. Accommodations are available upon request at any point in the selection process.
Single Point uses artificial intelligence (AI) tools to support parts of the recruitment and screening process. These tools assist in reviewing applications and identifying qualified candidates. All final hiring decisions are made by our Human Resources team and hiring managers. #HP

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