Collection Executive
7 days ago
Key Responsibilities
- Manage Collections: Contact clients to remind them of overdue payments and negotiate payment plans to recover debts.
- Record Keeping: Maintain accurate records of payment statuses and communications with clients regarding their accounts.
- Collaboration: Work closely with the finance team to achieve collection targets and resolve payment discrepancies.
- Compliance: Ensure adherence to debt collection laws and company policies during the collection process.
- Reporting: Prepare regular reports on collection activities and outstanding accounts for management review.
Required Skills and Qualifications
- Education: A high school diploma is typically required; a degree in finance or accounting is preferred.
- Experience: Previous experience in collections, customer service, or finance is advantageous.
- Communication Skills: Excellent verbal and written communication skills are essential for effective negotiation and relationship management.
- Attention to Detail: Strong organizational skills and attention to detail to manage multiple accounts and maintain accurate records.
- Problem-Solving: Ability to resolve customer issues and complaints regarding billing and payments.
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