Collection Officer
3 days ago
**Job Title**: Collection Manager
**Location**: Indore, Madhya Pradesh
**Job Type**: Full-Time
**Experience Required**: 1-3 years in Collections or Recovery Management
**Job Summary**:
**Key Responsibilities**:
- Manage and monitor daily collection activities across assigned regions/accounts.
- Develop and implement effective collection strategies to minimize overdue accounts.
- Lead and motivate a team of collection executives to achieve monthly and quarterly targets.
- Handle escalated cases and negotiate payment plans or settlements with clients.
- Maintain detailed records of collection activities and provide regular MIS reports to senior management.
- Ensure compliance with company policies and regulatory requirements in all collection processes.
- Liaise with the legal department on delinquent accounts where required.
**Required Skills & Qualifications**:
- Bachelor's degree in Finance, Business Administration, or a related field.
- Minimum 1.5 years of experience in collections or recovery (NBFC/BFSI sector preferred).
- Strong leadership and team management skills.
- Excellent communication, negotiation, and interpersonal skills.
- Strong analytical and problem-solving abilities.
- Ability to work under pressure and meet deadlines.
**Location**:
Indore, Madhya Pradesh
**Employee Benefits**:
- **Provident Fund (PF)**:
- **Employee State Insurance Corporation (ESIC)**:
- **Accidental Insurance Policy**:
- **Health Insurance (Mediclaim) Coverage**:
- Professional development opportunities
Pay: ₹15,000.00 - ₹20,000.00 per month
**Benefits**:
- Health insurance
- Paid time off
- Provident Fund
Schedule:
- Day shift
Work Location: In person
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