Field Collection Executive
1 day ago
NOTE: The candidate should be from the vicinity of these locations.
Job Summary: The Field Collection Executive is responsible for managing debt collections by visiting clients in their designated area, collecting payments, and providing support to resolve any payment-related issues. This role ensures prompt recovery of outstanding dues, minimizes the risk of bad debts, and fosters a professional and customer-oriented approach to collections.
Key Responsibilities:
- Customer Visits: Conduct scheduled visits to clients/customers to collect overdue payments or negotiate payment plans.
- Account Review: Review outstanding balances, verify customer account information, and communicate any discrepancies.
- Payment Handling: Collect payments via cash, cheques, or digital means as per company policy, and ensure prompt deposit and documentation.
- Documentation: Maintain accurate records of payment collections, communication, and any agreements or commitments.
- Relationship Management: Handle client interactions professionally, ensuring respectful and transparent communication to maintain positive relationships.
- Follow-Up: Regularly follow up with customers on outstanding balances and payment schedules to prevent account delinquency.
- Reporting: Prepare and submit daily/weekly/monthly reports on collections and account statuses to the Collection Manager.
- Compliance: Adhere to all legal and regulatory requirements in handling payments and customer accounts.
Skills: Strong interpersonal and communication skills
- Familiarity with financial and accounting principles
- Proficiency in using mobile applications or software for reporting and documentation
Other Requirements:
Valid driver's license and willingness to travel locally
- Ability to work independently with good organizational skills
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