Collect, verify all information and documents obtained on customers for assessing their credit worthiness.
Prepare the necessary documentation to raise cases of defaulting customers to civil rights authorities or legal department, as and when necessary.
Prepare monthly statements of accounts for customers during the month.
Monitor customers credit facilities and take whatever course of action is necessary to keep the aging current.
Carry out reconciliation between company records and customers books of account & obtain confirmation of balance from customers at least once a year.
Resolve disputed invoices and unreconciled items.
Prepare the Monthly Commission Statements and the Activity Reports on a regular basis.
Keep and follow-up on the collection of Letters of Credits / Bank Guarantees, PDC and P.N.
Update the information on credit customers regularly.
Review Collectors Visit Reports on a daily basis, supervise their activities and guide them as necessary, and personally follow up on problem accounts.
