Current Jobs for Debt Recovery Managers in a Distribution Company
Ascentech Services Ltd acts as a
gateway to provide a wide range of recruitment and selection services
to companies. We are a dedicated team of professional consultants
offering top of the line executive recruitment and selection services.
One of our clients in the Distribution industry is seeking to hire a Debt recovery manager in Kano, Abuja and Port Harcourt who will engage, manage and work directly to improve the activities of the credit department for the organization.
Job Title: Debt Recovery Managers
JOB RESPONSIBILITIES:
- Create a credit risk management environment of an acceptable quality, in terms of established credit guidelines
- Assist in developing sound, acceptable credit policies
- Analyze delinquent accounts and prepare report on highest risk accounts including recommendations for resolution.
- Interact with customers to obtain additional credit information to support credit lines
- Reconcile transactions and balances to maintain accurate accounts
- Initiate credits and adjustments to customer accounts within company policy limits
- Check for credit viability on requests for extended terms, and evaluate various adjustments or exception documents
- Identify accounts requiring collection agency or legal action and coordinate collections with third party contractors
- Monitor violations of credit
policies, provide analysis, conclusion and recommendations, present
findings to senior management and suggest actions/penalties to be taken
when appropriate
- Develop processes and
procedures for evaluating customer financials and setting and changing
credit lines/limits, as well as credit holds; implement liens as
necessary to major delinquent account as approved
- Generates legal documents used in the credit function
- Submit requests to senior management and supporting documentation for accounts requiring credit lines
- Research and make decisions on finance charges
- Maintain bad debt and bad debt recovery records
- Monitor receivables and collections and provide updates of receivables and provide appropriate reporting procedures
- Identify problem accounts and provide regular updates of receivables to management
- Negotiate payment programs with delinquent customers
QUALIFICATIONS
- Five (5) years plus in a credit management function; Microsoft Office products and ERP system experience.
- Understands purpose of legal
documentation and terms and conditions of the sales and installations
contracts of company’s products. Knowledge of financial statements and
cash flow analysis, industry/market credit research, liens and bonds.
Has worked in law/legal firm industry.
EDUCATION and/or EXPERIENCE
- Bachelor’s degree in Finance, Accounting or related field and five plus years related experience.
- Strong communication,
interpersonal and leadership skills. Must have excellent negotiation and
problem solving skills. Detailed knowledge of required documentation
and a thorough knowledge of Lien Laws that govern the transactional
relationship between the Customer and the Company.
How to Apply
Interested candidates should please forward their CVs to
[email protected] in MS/PDF Formats only with the job title and location as subject of email.