| Job Location | Al Kuwait, Kuwait |
| Education | Not Mentioned |
| Salary | Not Mentioned |
| Industry | Recruitment & Employee Placement Agency |
| Functional Area | Not Mentioned |
-˙Creates and implements a strategy to improve the collection of outstanding credit.-˙Identifies areas of the collection process that need improvement and implements an enhanced process that will help collectors be more effective after CFO approval.-˙Implements collection policies and procedures to avoid excessive outstanding credit-˙Ensures payments are received as per the targets set by the management and changes are reflected in customers account.-˙Manages statement preparation to credit department if customer fails to respond; and ensure records of collection and status of accounts are maintained.-˙Manages customer queries regarding issues faced with their respective accounts.-Provides expert advice to customers about necessary actions and strategies for debt repayment.-˙Ensures customers are notified via mail, telephone, or personal visit to solicit payment and determine reasons for overdue payments.-Records information about financial status of customers and status of collection.-˙Ensures that the company policy on recoveries is followed and that it is in line with local regulations.-˙Improves collections within a targeted ageing of dues.-˙Assesses the quality of the portfolio of receivables.-˙Implements payment collection goals, targets and deadlines for staff.-˙Manages the Collectors regarding follow up on the post-dated cheques and the date of submission to the Bank.-˙Persuades customers to pay amounts due. Calls customer, sends sms and reminder letters on payment dues, if required.-˙Monitors call reports to make sure collectors are making enough phone contacts each day.
Keyskills :
© 2023 HireeJobsGulf All Rights Reserved
