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  • Posted: Aug 12, 2022
    Deadline: Not specified
  • The leading platform for small & medium business lending in emerging markets. Lidya is a financial services platform to improve access to credit and finance across frontier and emerging markets starting with Nigeria. Launched in November 2016, with a mission to close that yawning credit gap, both in Nigeria and across emerging markets where there is a...
    Read more about this company


    Collections Manager

    Job Description

    • The Collections Manager is responsible for providing support to the organization with particular emphasis on the collection of revenue and management of finance.
    • The position liaises directly with clients, external debt collection partners, negotiate on outstanding payments and where necessary initiates recovery action.

    Key Duties and Responsibilities

    • Minimizing customer response times by issuing reminder notices and customer statements and monitoring collection of debts in a timely manner.
    • Negotiating with clients on arrangements regarding payments and making recommendations to management to ensure Departmental guidelines in relation to installment agreements and the processing of monies received are adhered to.
    • Contact debtors by telephone, letter, email or fax, to agree debt recovery plans and follow up as appropriate.
    • Reviewing documentation (all aspects of contract) to assess liability, identify contract issues and judge recoverability.
    • Using knowledge and initiative to reach amicable solutions to settling debts on behalf of clients, considering circumstances of the case.
    • Establish repayment schedules, monitoring repayment of debts, and adherence by debtors to installment schedules.
    • Researching debtor companies, assisting in researching laws and procedures to provide written advice to clients.
    • Build and manage internal team of 5+ debt recovery professionals to achieve late payment goals and key performance indicators of the Company.

    Desired Qualifications and Skillset

    • Bachelor's Degree in Finance, Accounting, Statistics, Mathematics, Engineering, Computer Science, Information Management, Investments, or a related business discipline (MBA, CPA, or CFA is a plus).
    • 5 years+ of experience working with a Commercial Bank, Accounting Firm or Management Consulting Firm, with a particular emphasis on experience in a financial sector.
    • High level of IT skills especially in accounting, advanced Excel, and PowerPoint.

    Method of Application

    Interested and qualified? Go to Lidya Nigeria on to apply

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