Ascentech Services Ltd acts as a gateway to provide a wide range of recruitment and selection services to companies. We are a dedicated team of professional consultants offering top of the line executive recruitment and selection services.
One of our clients in the Distributoin industry is seeking to hire a Debt recovery manager in Kano, Abuja and Port Harcourt who will engage, manage and work directly to improve the activities of the credit department for the organization.
Create a credit risk management environment of an acceptable quality, in terms of established credit guidelines
Assist in developing sound, acceptable credit policies
Analyze delinquent accounts and prepare report on highest risk accounts including recommendations for resolution.
Interact with customers to obtain additional credit information to support credit lines
Reconcile transactions and balances to maintain accurate accounts
Initiate credits and adjustments to customer accounts within company policy limits
Check for credit viability on requests for extended terms, and evaluate various adjustments or exception documents
Submit requests to senior management and supporting documentation for accounts requiring credit lines
Research and make decisions on finance charges
Maintain bad debt and bad debt recovery records
Monitor receivables and collections and provide updates of receivables and provide appropriate reporting procedures
Identify problem accounts and provide regular updates of receivables to management
Negotiate payment programs with delinquent customers
Identify accounts requiring collection agency or legal action and coordinate collections with third party contractors
Monitor violations of credit policies, provide analysis, conclusion and recommendations, present findings to senior management and suggest actions/penalties to be taken when appropriate
Develop processes and procedures for evaluating customer financials and setting and changing credit lines/limits, as well as credit holds; implement liens as necessary to major delinquent account as approved
Generates legal documents used in the credit function
Five (5) years plus in a credit management function; Microsoft Office products and ERP system experience.
Understands purpose of legal documentation and terms and conditions of the sales and installations contracts of company’s products. Knowledge of financial statements and cash flow analysis, industry/market credit research, liens and bonds. Has worked in law/legal firm industry.
EDUCATION and/or EXPERIENCE
Bachelor’s degree in Finance, Accounting or related field and five plus years related experience.
Strong communication, interpersonal and leadership skills. Must have excellent negotiation and problem solving skills. Detailed knowledge of required documentation and a thorough knowledge of Lien Laws that govern the transactional relationship between the Customer and the Company.
Method of Application
Interested candidates should please forward their CVs to email@example.com in MS/PDF Formats only with the job title and location as subject of email.
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