Recovery Manager

6 days ago

Belgaum, Karnataka, India SBOF Full time ₹ 2,00,000 - ₹ 3,00,000 per year

Job Summary:

The Recovery Manager will be responsible for overseeing and managing the recovery of outstanding payments from clients, dealers, distributors, or other stakeholders across the agro value chain. The role involves monitoring overdue accounts, initiating recovery strategies, engaging with customers, and ensuring compliance with company policies and legal standards.

Key Responsibilities:

  • Monitor accounts receivable to identify outstanding debts and overdue payments.
  • Develop and implement recovery strategies to reduce credit exposure and improve cash flow.
  • Communicate with clients/dealers/distributors to negotiate repayment plans or settlements.
  • Coordinate with the sales and finance teams to validate receivables and resolve disputes.
  • Visit clients or agents (especially in rural or semi-urban areas) for on-ground recovery efforts.
  • Maintain updated records of recovery activities, communication, and legal proceedings.
  • Liaise with legal counsel to initiate legal recovery processes when necessary.
  • Prepare regular reports on recovery status, risk assessment, and collection effectiveness.
  • Train and manage field recovery agents (if applicable).
  • Ensure compliance with internal controls, company policies, and regulatory guidelines.

Qualifications and Experience:

  • Bachelor's degree in Finance, Accounting, Business Administration, or related field.
  • 2+ years of experience in credit control, collections, or recovery (preferably in agro ).
  • Strong understanding of agro market dynamics, rural credit systems, and distributor/dealer networks.
  • Familiarity with legal recovery procedures and regulatory compliance.
  • Proficiency in MS Office, accounting software, and ERP systems (e.g., SAP, Tally).

Skills and Competencies:

  • Strong negotiation and interpersonal skills.
  • Analytical thinking and risk assessment.
  • Problem-solving attitude with attention to detail.
  • Ability to work independently and handle pressure.
  • Willingness to travel extensively, especially in rural areas.
  • Proficient in local language(s) as well as English/Hindi/Kannada (or as relevant).

Job Type: Full-time

Pay: ₹20, ₹30,000.00 per month

Benefits:

  • Provident Fund

Schedule:

  • Day shift

Supplemental Pay:

  • Overtime pay
  • Performance bonus

Work Location: In person

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