The Collection Executive is responsible for managing outstanding debts and ensuring timely recovery of payments from clients/customers while maintaining professional relationships. This role is crucial for optimizing cash flow and minimizing bad debt.
Key Responsibilities
Debt Recovery:
Contacting customers via phone, email, or in-person (if a field executive role) to follow up on overdue payments and collect outstanding debts.
Customer Relationship Management:
Maintaining a professional and courteous demeanor while dealing with customers, resolving disputes, and addressing customer queries related to payments.
Record Keeping:
Maintaining accurate and detailed records of all collection activities, customer interactions, payment arrangements, and transactions in the collection software or CRM system.
Compliance:
Ensuring all collection practices adhere to relevant debt collection laws, regulations, and the company's code of conduct.
Reporting:
Preparing and submitting regular reports on collection activities, outstanding balances, and progress toward collection targets to management.
Monitoring:
Reviewing customer accounts to identify overdue balances, potential risks, and reasons for non-payment.
Collaboration:
Working closely with the finance, sales, or legal departments to resolve discrepancies, reconcile accounts, and implement effective collection strategies.
(DRA- Debt recovery agent)
certified candidates are needed
Essential Skills
Good Communication.
Good Attitude
Excellent Negotiation and Persuasion Skills.
Problem-Solving and Conflict Resolution abilities.
Strong Attention to Detail and Accuracy in record-keeping.
Ability to work independently and be target-driven.
Knowledge of debt collection laws and best practices is a plus.
Job Type: Full-time
Pay: ₹18,000.00 - ₹25,000.00 per month
Application Question(s):
Do you have a bike with a license ?
Work Location: In person
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