Collection Specialist

2 days ago

Salem, Tamil Nadu, India beBeeDebtManagement Full time ₹ 9,00,000 - ₹ 12,00,000

Job Summary:

A collection specialist oversees the accounts receivable process within an organization. Their primary role is to ensure timely payment of outstanding debts from customers or clients.

Key Responsibilities:

  • Develop strategies for effective debt management.
  • Monitor accounts to identify overdue payments and determine actions.
  • Communicate with customers to negotiate payment plans and resolve issues.
  • Collaborate with internal departments to resolve billing inquiries.
  • Maintain accurate records of all collection activities.
  • Analyze delinquent accounts and prepare reports on collections status.
  • Implement credit policies and procedures to minimize late payment risk.
  • Collaborate with external agencies as needed.

Qualifications & Skills:

  • CA/CS certification required.
  • Bachelor's degree in finance, accounting, or related field. Master's degree preferred.
  • Proven experience in accounts receivable management, preferably supervisory or managerial role.
  • Strong knowledge of accounting principles and practices, particularly accounts receivable and collections.
  • Excellent communication and negotiation skills.
  • Analytical mindset with ability to assess data and trends.
  • Familiarity with financial software and tools.
  • Ability to work under pressure and meet deadlines while maintaining accuracy.
  • Knowledge of relevant laws governing debt collection practices.

Benefits:

This role offers a unique opportunity to develop your career in finance and gain valuable experience in accounts receivable management.

The ideal candidate will have strong analytical skills, excellent communication skills, and the ability to work effectively in a team environment.

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