Recovery Manager

1 week ago


Mettupalayam, Tamil Nadu, India Prakash & Co Full time ₹ 1,56,000 - ₹ 2,16,000 per year

Key Responsibilities1. Payment Recovery

  • Follow up for long-pending payment dues from clients and contractors.
  • Maintain an updated aging report and track overdue accounts.
  • Liaise with clients through calls, emails, and site visits to ensure payment clearance.
  • Assist in finalizing settlement terms for overdue accounts.
  • Coordinate with the accounts team for invoice issues and reconciliations.

2. Materials Recovery

  • Track issued centering/shuttering materials and ensure timely return.
  • Conduct regular site visits to verify materials and manage overdue returns.
  • Communicate with site engineers and contractors regarding shortages or damages.
  • Prepare and maintain delivery challans, return receipts, and item reconciliation reports.

3. Legal Coordination (NEW)

  • Work closely with the company's legal advisor/advocate on chronic overdue cases.
  • Collect and prepare all documents required for legal action (invoices, challans, agreements, communications).
  • Issue notices (legal notices/demand notices) after management approval.
  • Support the legal team in filing cases such as:
  • Cheque bounce cases (if applicable)
  • Civil recovery suits
  • Material theft/non-return cases
  • Coordinate client visits for legal discussions/settlements.
  • Attend court hearings as required and update management on case progress.
  • Maintain a legal case tracker with status updates, next hearing dates, and recovery outcomes.

4. Documentation & Reporting

  • Maintain systematic records for payments, materials, notices, and legal communication.
  • Prepare daily/weekly/monthly reports on recovery status.
  • Escalate serious disputes or disputes involving high-value materials/payments.

5. Client Relationship & Communication

  • Build strong relationships with clients, contractors, and site teams.
  • Resolve disputes politely and professionally before legal escalation.
  • Explain charges, rates, shortages, damage values, and billing clearly.

Skills & Qualifications

  • 3–6 years experience in collections, recovery, legal coordination, or construction material hiring.
  • Good understanding of centering/shuttering materials (preferred).
  • Strong communication, negotiation, and follow-up skills.
  • Experience working with advocates/legal consultants is a bonus.
  • Ability to travel regularly to sites and client offices.
  • Proficiency in MS Office and documentation.

Preferred Qualities

  • Strong sense of responsibility and ethics.
  • Organized, detail-oriented, and good at record management.
  • Professional communication and conflict-resolution skills.
  • Ability to handle pressure and meet recovery targets.

Salary & Benefits

  • Competitive salary + incentives based on recovery performance.
  • Travel allowance + mobile allowance.
  • Other company benefits as applicable.

Job Types: Full-time, Permanent

Pay: ₹13, ₹18,000.00 per month

Benefits:

  • Cell phone reimbursement
  • Health insurance
  • Leave encashment
  • Provident Fund

Work Location: In person



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