New Job Opportunities at Ascentech Services Limited

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.

JOB RESPONSIBILITIES:

• 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

QUALIFICATIONS

• 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.