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Collection Executive

2 weeks ago

Mumbai Maharashtra, India The Growth Hive Full time

**Job Title**: Executive - Collections
**Location**: Mumbai
**Experience Required**: Minimum 3 Years
**Qualification**: Bachelor's Degree (Any field)

**About the Role**:
**Key Responsibilities**:

- Review and manage the company's debtor list.
- Contact clients regarding overdue bills and provide payment reminders.
- Advise clients on repayment options and suggest feasible payment methods.
- Negotiate and establish suitable payment plans with clients.
- Maintain accurate records of client interactions and payment history.
- Prepare financial statements for clients as required by banks and credit departments.
- Issue final notices to clients for unpaid dues.
- Initiate legal proceedings when necessary to recover outstanding debts.
- Handle client inquiries promptly and professionally.
- Collaborate with legal teams and insurance agencies to resolve payment issues.

**Requirements**:

- Bachelor's degree in Accounting, Business Management, or a related field.
- Proven experience as a Collections Officer or similar role.
- Strong negotiation and communication skills.
- Knowledge of debt collection laws and accounting procedures.
- Proficient in MS Office and accounting software.
- Patience, resilience, and a customer-focused approach.

Pay: ₹58,000.00 - ₹62,000.00 per month

Schedule:

- Monday to Friday
- Morning shift

Supplemental Pay:

- Yearly bonus

Work Location: In person