Credit and Debt Collection Manager (Microfinance Company)
To be in charge of all collections and receivables.
Implementation of collection and return strategies.
To be highly involved in repossessions
Mitigating credit risk
Collect payments on past due bills.
Create a list of people who have not made payments.
Organize list according to severity of delinquency.
Locate customers using credit bureau information, background checks, loan documents, and other paperwork or databases.
Inform clients of overdue accounts and amount currently owed.
Review terms of sale or loan documents.
Ensure all customer information is correct, including phone numbers and addresses.
Listen to customer's story and determine if debt can be collected.
Set up repayment plans and new terms of sale.
Record new commitment to repay debt.
Send statements of delinquencies to credit bureau.
Initiate repossession proceedings or hand over account to law practice that
specializes in debt collection.
Purge records if debt has been satisfied.
Report satisfied debts to credit bureaus.
Print reports for management.Requirements
Degree/diploma in Accounts, Business studies etc
Similar working experience.
7-10 years experience
Must be firm when doing collections.
Age 30 years
Male/femaleStarting salary is 50
Applications with Job Title indicated to be emailed to titus@kentrain.co.ke and mainamaina83@yahoo.com by 11th September 2014.
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