| Job Location | Al Kuwait, Kuwait |
| Education | Bachelor's degree / higher diploma |
| Salary | $1,500 - $2,000 |
| Industry | Motor Vehicle Passenger Transport |
| Functional Area | Not Mentioned |
Duties & Responsibilities include but not limited to:-?Formulate and implement cost effective collection strategies-?Review the collections strategy regularly and training collectors to ensure that the collection techniques change with change in the legal and economic situation in the country-?Ensure flows into various buckets within the set targets-?Ensure adherence to policies & processes, proper documentation and adherence to all regulatory and legal guidelines-?Provide updates to the financial controller, senior management and business units on status of collections at regular intervals-?Ensure service quality standards set by senior management are adhered to and met-?Ensure low risk audit rating for the unit?and also be available for any queries that auditors might have-?Deals with some key customers, to solve any problems they might be facing in payments-?Check for inconsistencies in receivables in JTC and client end and also ensure all documentation is in place-?Interacts with clients to resolve issues and to handle client expectations-?Negotiates with customers in absence of proper documentation and authority-?Ensure that the team targets are met on a monthly basis-?Determines most effective methods for maximizing financial recovery-?Maintains and ensures financial discipline as per budget for the team-?Negotiate with customers for best settlements-?Supervise and managing a team of collectors to ensure collection targets are met-?Prepare projections for bad debts, loses and potential risks-?Provide advise to financial controller on ways in which financial risks can be mitigated-?Identify training needs for team; conducting performance appraisals of direct reportees-?Assist the management in the fulfillment of its obligations, statutory or otherwise, concerning prevention of personal injuries-?Maintain a safe working environment.
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