Cash Collection Executive

3 days ago

Chennai, Tamil Nadu, India MARGADARSI CHIT FUND PRIVATE LIMITED Full time ₹ 2,50,000 - ₹ 4,50,000 per year

Company Overview

Margadarsi Chit Fund Pvt Ltd., part of the trusted Ramoji Rao Group, is a 62-year-old well-established financial services company known for its customer-centric approach. With operations in 118 branches across Telangana, Andhra Pradesh, Karnataka, and Tamil Nadu, this Empresa offers diversified financial solutions to a wide array of customers. Headquartered in Hyderabad, Margadarsi is committed to delivering reliable financial services and maintaining trust within the industry.

Job Overview

Margadarsi Chit Fund Pvt Ltd. is seeking Freshers for the position of Cash Collection Executive. This full-time role is based in Chennai, Tiruppur, Salem, Coimbatore, and Vellore. As a Cash Collection Executive, you will be responsible for collecting payments from clients, ensuring accuracy in transactions, and maintaining strong communication with customers. This is an excellent opportunity for individuals looking to start their careers in the financial services sector.

Qualifications and Skills

  • Strong customer service skills to effectively handle inquiries and resolve issues while building a good rapport with clients.
  • Proficient in data entry with a keen eye for detail to ensure all information is accurately recorded and maintained.
  • Excellent communication skills, both verbal and written, to facilitate clear and concise interactions with clients and team members.
  • Ability to manage payment collection processes efficiently and follow up rigorously to ensure timely receipt of payments.
  • Competency in debt recovery strategies to manage overdue accounts and ensure minimal default rates.
  • Skilled in customer address verification to confirm and record accurate billing information of clients.
  • Property verification skills to assess and confirm the validity of collateral and other security measures.
  • Capability in handling legal recovery processes to liaise with legal teams for recovering debts through appropriate legal channels when necessary.

Roles and Responsibilities

  • Collect payments from clients in designated regions and ensure all transactions are recorded accurately.
  • Handle customer inquiries and provide resolutions related to billing, payment schedules, and account discrepancies.
  • Coordinate with different departments and branches to streamline the collection and invoicing processes.
  • Verify customer addresses and property details to update records and ensure eligibility for financial services provided.
  • Maintain daily and monthly reports on the status of collections and outstanding payments for further analysis.
  • Implement debt recovery methods and strategies to minimize overdue accounts and lost revenue.
  • Assist in legal recovery processes by communicating with legal representatives and clients as necessary.
  • Foster long-term relationships with customers to enhance trust and reputability of services offered by the company.

  • Collection Executive

    21 hours ago

    Chennai, Tamil Nadu, India SRM Diagnostics Full time ₹ 6,00,000 - ₹ 12,00,000 per year

    Looking for a Collection Executive with experience in diagnostics/healthcare. Handle inter-branch cash collection, MIS reporting, reconciliations, and follow-up on pending payments

  • Collection Executive

    3 days ago

    Chennai, Tamil Nadu, India Cynosure Corporate Solutions Full time ₹ 9,00,000 - ₹ 12,00,000 per year

    Job Summary:We are seeking a highly motivated and results-oriented Collection Executive to join our dynamic team in the Automation sector. As a Collection Executive, you will be responsible for managing and recovering outstanding payments from our clients, ensuring timely cash flow and minimizing bad debt. You will leverage your strong communication,...

  • Cash Application Analyst

    2 weeks ago

    Chennai, Tamil Nadu, India Ford Motor Full time ₹ 9,00,000 - ₹ 12,00,000 per year

    Cash Application AnalystExcellent written & verbal skills in English Good Accounting knowledge Ability to apply observations and knowledge gained Ability to work with cross functional teams Possess good knowledge of receivables processes Perform Cash Application within 3 days TAT with quality Perform daily unapplied cash reconciliation...

  • Collections Agent

    1 day ago

    Chennai, Tamil Nadu, India Nidus Advertising and Marketing Full time ₹ 3,36,000 per year

    Job Summary:The Collection Executive is responsible for managing and executing debt recovery processes. This role involves contacting clients for payment follow-ups, maintaining accurate records of transactions, and ensuring timely collections to support the company's cash flow.Key Responsibilities:Follow up with clients on outstanding invoices through...

  • Order To Cash Delivery Manager

    1 week ago

    Chennai, Tamil Nadu, India Capgemini Full time ₹ 15,00,000 - ₹ 25,00,000 per year

    Order to CashResponsible for the day to day management of the clients Accounts Receivable portfolio.Ensures the delivery of a high quality, customer focused service on a daily basis to the client in accordance with agreed Service Level Agreements.Ensure quick resolution by the Credit Control Team of issues and escalated itemsManage a complex AR portfolio,...

  • Field Banking Collection

    1 week ago

    Chennai, Tamil Nadu, India Casagrand Full time ₹ 2,00,000 - ₹ 4,00,000 per year

    Field Collection Executive Real Estate (Only from Home Loan Collection)Roles & ResponsibilitiesVisit customers for collection of home loan , booking advances, and pending dues.Collect & verify KYC documents, loan sanction papers, and property-related agreements.Assist customers with home loan process coordination between banks, NBFCs, and the company.Ensure...

  • Collection Executive

    16 hours ago

    Chennai, Tamil Nadu, India Shiv Talent Solution Full time ₹ 1,56,000 - ₹ 2,40,000 per year

    The Field Collection Executive will be responsible for visiting customers to collect overdue payments, verify KYC and loan-related documents, and ensure timely follow-ups for smooth recovery.Key Responsibilities:Visit customers at their residence or business premises for payment collectionFollow up with borrowers for EMI dues, bounced payments, or...

  • Collections Analyst

    14 hours ago

    Chennai, Tamil Nadu, India Trimble Inc. Full time ₹ 9,00,000 - ₹ 12,00,000 per year

    Trimble is recruiting for a Collections Analyst to fill an opportunity in Trimble.Reports to: Credit & Collections ManagerThe Collections Analyst will participate in credit and collection activities working in conjunction with credit & collections associates in Americas or Europe. This position will initially interact with internal customers via email to...

  • Field Collection Executive_Secured/Unsecured Lonad

    21 hours ago

    Chennai, Tamil Nadu, India Chola Full time ₹ 15,00,000 - ₹ 28,00,000 per year

    Key ResponsibilitiesVisit customers:Travel to customer locations to collect overdue payments.Negotiate payment plans:Work with customers to establish feasible payment arrangements and timelines.Resolve issues:Address customer complaints and payment discrepancies to maintain positive relations.Maintain records:Keep accurate logs of collection activities, cash...

  • Collection Executive

    15 hours ago

    Chennai, Tamil Nadu, India Hire4Biz Full time ₹ 1,80,000 - ₹ 20,00,000 per year

    Key Responsibilities:Manage and prioritize collection efforts for overdue accounts, ensuring timely payments and minimizing losses.Develop and maintain relationships with customers, negotiating payment plans and resolving issues.Monitor account activity, track payment history, and identify potential risks.Analyze collection data to identify trends, patterns,...