Collection Executive
6 months ago
A Collection Executive, also known as a Collections Specialist or Debt Collector, plays a critical role in managing and recovering outstanding debts owed to a company or organization. Their primary responsibility is to contact individuals or businesses who have unpaid bills or overdue accounts and work towards resolving these financial obligations. Here is a typical job description for a Collection Executive:
**Job Title**: Collection Executive
**Job Summary**: A Collection Executive is responsible for efficiently and effectively managing the collection of outstanding debts, ensuring the timely and complete recovery of funds while maintaining a positive and professional relationship with debtors.
**Key Responsibilities**:
**Negotiating Payment Plans**: Evaluate debtors' financial situations and negotiate payment plans or settlements that are mutually acceptable and compliant with company policies and legal regulations.
**Maintaining Accurate Records**: Maintain comprehensive and up-to-date records of all communication and transactions with debtors, ensuring that data is accurate and organized for reporting purposes.
**Compliance with Regulations**: Stay up-to-date with local, state, and federal debt collection regulations and ensure that all collection activities adhere to these regulations, including the Fair Debt Collection Practices Act (FDCPA).
**Providing Information**: Explain debtors' rights and responsibilities, as well as the consequences of non-payment, and provide information about payment options and deadlines.
**Skip Tracing**: Utilize skip-tracing techniques and tools to locate debtors who may have changed their contact information or gone off the grid.
**Customer Service**: Provide excellent customer service, addressing debtors' concerns and inquiries while maintaining a professional and respectful demeanor.
**Reporting and Documentation**: Prepare and submit regular reports on collection activities, account statuses, and progress to the management team.
**Legal Action**: Collaborate with legal counsel when necessary to initiate legal actions, such as filing lawsuits, liens, or garnishments, against non-compliant debtors.
**Qualifications**:
- High school diploma or equivalent (Some positions may require a bachelor's degree in finance, business, or a related field).
- Knowledge of debt collection laws and regulations.
- Strong negotiation and communication skills.
- Persistence, patience, and the ability to handle difficult conversations.
- Strong organizational and time management skills.
- Customer service-oriented with a professional demeanor.
- Ability to work independently and as part of a team.
**Job Type**: Permanent
**Salary**: ₹20,000.00 - ₹25,000.00 per month
**Benefits**:
- Provident Fund
Schedule:
- Morning shift
Supplemental pay types:
- Shift allowance
- Yearly bonus
Application Question(s):
- Do you belong to Mumbai, then only apply?
**Speak with the employer**
+91 7411773002
-
Collection Executive
2 months ago
Mumbai, Maharashtra, India Taurus Collection Full time**Title**: Debt Recovery Agent - B2B Overdue Invoice Collection **Location**: [Andheri West] **Employment Type**: Full-time **Reports to**: Debt Recovery Manager **About company**: Taurus Collection stands as a distinguished B2B & B2C collection agency, transcending conventional norms. With an unwavering commitment to excellence, we extend a 'No...
-
Collection Executive
6 months ago
Mumbai, India Ximkart (Sevenloop Technology Pvt Ltd) Full time**Designation: Collection Executive** Qualification & Experience Work Experience: - Bachelor’s degree or equivalent in finance, business, or related field. - **2+ years of experience in Field Collections.**: - Individuals should have Strong and powerful communication skills. - Individuals should have Strong build and...
-
Collection Executive
6 months ago
Mumbai, India Genius Enterprises Full timeCollection Executive Must have experience of Hospital Corporate Customer bill collection. Minimum-2 to 3 years of Experience. **Job Type**: Regular / Permanent **Salary**: Up to ₹350,000.00 per month **Benefits**: - Health insurance - Provident Fund Schedule: - Day shift Supplemental pay types: - Yearly bonus Ability to commute/relocate: -...
-
Collection Executive
6 months ago
Mumbai, India Equentis Wealth Advisory Services Ltd Full time**Title-Collection Executive (Accounts Receivables)** 2) **Documentation and Reporting**: Maintaining accurate records of collection activities, documenting customer interactions, and preparing regular reports on collection efforts, outstanding balances, and collection performance. 3) **Collaboration**: Collaborating with internal teams, such as sales,...
-
Collection Executive
4 months ago
Mumbai, Maharashtra, India Network Techlab (India) Pvt. Ltd Full timeJob Title: Finance Collection Executive Experience: 2-3 years in finance, accounting, or collections Job Summary: Key Responsibilities: - Resolve financial discrepancies and customer complaints in a professional and timely manner - Maintain accurate and up-to-date financial records and reports - Collaborate with internal teams to resolve payment issues...
-
Collection Executive
6 months ago
Mumbai, Maharashtra, India Electronics Devices Worldwide Pvt. Ltd. Full timeWe are looking for a Collection Executive to contact clients and collect outstanding payments. You will struck a balance between maintaining trustful relationships, and ensuring timely payments. Key Responsibilities a) Monitor accounts to identify outstanding debts b) Investigate historical data for each debt or bill c) Find and contact clients to ask...
-
Collections Executive
6 months ago
Mumbai, India Noventiq Full time**Noventiq is hiring!** - Noventiq (the brand name of Cyprus-registered Softline Holding plc) is a leading global solutions and services provider in digital transformation and cybersecurity, headquartered and listed in London. The company enables, facilitates and accelerates digital transformation for its customers’ businesses, connecting 75,000+...
-
Collection Executive
3 months ago
Mumbai, Maharashtra, India Sam Associates - Tufflam Full time**Urgently required for the post of Collection Executive - Fort, Mumbai** **Experience **:3 to 5 years **Salary Package **:as per company norms **Notice period**: Immediate Joiner **Responsibilities and Duties** Keeping accurate records and reporting on collection activity Monitor accounts to identify outstanding debts Investigate historical data for each...
-
Collection Executive
4 months ago
Mahim, Mumbai, Maharashtra, India Diallo Full timeJob Title: Collection Process Executive Company Name: Diallo Location: Mahim Branch About Us: Dialo is seeking talented and motivated individuals to join our team as Collection Process Executives at our Mahim branch. We offer a dynamic work environment and opportunities for growth and development. **Job Description**: - Managing and resolving customer...
-
Collection Executive
4 months ago
Mahim, Mumbai, Maharashtra, India Diallo Full timeJob Title: Collection Process Executive Company Name: Diallo Location: Mahim Branch About Us: Dialo is seeking talented and motivated individuals to join our team as Collection Process Executives at our Mahim branch. We offer a dynamic work environment and opportunities for growth and development. **Job Description**: - Managing and resolving customer...
-
Collection Executive
6 months ago
Mumbai, Maharashtra, India VHM CONSULTANTS Full timeIndustry:Real Estate Firm Designation: Collections Executive No of Vacancies: 1 Gender: Female Reporting to: Sr. Manager - Accounts & Head Re-Development Projects Qualification: Graduation is Must. Experience: Minimum 3 Years of experience Caste: Gujarati 1st Preferrence Need a Girl from Commerce background who is good at money collections, calling...
-
Collection Executive
2 months ago
Mumbai, Maharashtra, India WHITE FORCE OUTSOURCING SERVICES PRIVATE LIMITED Full timeJD FOR COLLECTION EXECUTIVE Collect overdue payments for Short -term loans, particularly focusing on cases with DPD above 60 days. Manage a portfolio of accounts and develop strategies to recover outstanding amounts while adhering to regulatory guidelines. Build and maintain positive relationships with borrowers to encourage timely payments and...
-
Collection Executive
6 months ago
Mumbai, Maharashtra, India Sanghvi Realty Full time**Responsibilities**: 1. Conduct regular follow-ups with customers to ensure timely payment of outstanding dues. 2. Manage a portfolio of accounts and prioritize collections activities based on the delinquency level. 3. Negotiate payment plans with customers to facilitate debt repayment and resolve outstanding issues. 4. Investigate and resolve...
-
Collection Executive
6 months ago
Mumbai, India Illusion Dental Laboratory Pvt. Ltd. Full timeLooking for Collections Executive for Dental Manufacturing company at Andheri, West. Regards, HR-Namita Bhambid **Job Types**: Full-time, Permanent **Salary**: ₹10,000.00 - ₹25,000.00 per month **Benefits**: - Provident Fund Schedule: - Day shift **Education**: - Higher Secondary(12th Pass) (preferred) **Experience**: - total work: 1 year...
-
Collection Executive
6 months ago
Mumbai, Maharashtra, India VHM CONSULTANTS Full timeDesignation: Collections Executive No of Vacancies: 1 Gender: Female Reporting to: Sr. Manager - Accounts & Head Re-Development Projects Qualification: Graduation is Must. Experience: Minimum 3 Years of experience Caste: Gujarati 1st Preferrence Need a Girl from Commerce background who is good at money collections, calling clients from time to time...
-
Collection Executive
4 months ago
Ghansoli, Navi Mumbai, Maharashtra, India Sincetele info solution private limited Full time**Job Title**: Tele-Collection Executive **Location**: Ghansoli, Mumbai **Salary**: ₹13,000 - ₹17,000 Net per Month **Role**: We are seeking a diligent Tele-Collection Executive to join our team in Ghansoli. Your primary responsibility will be to manage collections over the phone, ensuring timely payments and resolving customer queries regarding their...
-
Executive Collection
6 months ago
Kandivali, Mumbai, Maharashtra, India SaffronBizz Solutions LLP Full timeWe have an excellent Job Opportunity for Executive Collection **Qualification**: Graduates **Experience**: 3yrs **Location**: Kandivali Monitor accounts to identify outstanding debts Investigate historical data for each debt or bill Find and contact clients to ask about their overdue payments Take actions to encourage timely debt payments Process...
-
Payment Collection Executive
6 months ago
Mumbai, Maharashtra, India Stainox Alloys Pvt. Ltd. Full time**Vacancy for Payment Collection Executive** **Who We Are** Stainox Alloys Pvt Ltd is a premier distributor with over 40 years of expertise in the steel industry. We specialize in trading, stocking, and distributing stainless steel flat and long rolled products, including sheets, plates, coils, and pipes. **Position - Payment Collection Executive** We...
-
Purchase Executive
7 days ago
Chembur, Mumbai, Maharashtra, India Mahalaxmi Collection MCM Full time**About Mahalaxmi Collections** Mahalaxmi Collections was founded in year 2000. We are a leading Indian Ethnic wear Manufacturing company headquartered in Mumbai. We are a 200+ membered company as of 2023 and still growing. Design innovation, research and development belonging to the ethnic origin and executing its high-quality large-scale manufacturing...
-
Collection Executive
2 months ago
Navi Mumbai, Maharashtra, India ASL Full timeJob title: Customer Collection Executive process: US Process 5 days working 2 week off Outbound process **Salary range**: **Salary range**: **No collections exp - 22k to 35k** **With collections exp - up to 38k** Requirements *US SALES /RETENTIONS/ COLLECTIONS/ CUSTOMER SERVICE EXPERIENCE. **Uncapped Incentives** **Job Types**: Full-time, Permanent,...