9 Collection Strategies Jobs

We are excited to invite applications from Chartered Accountants with 03 years of experience for multiple openings across the following domains: Accounts Receivables / Accounts Payable / Business Finance / Financial Planning & Analysis (FP&A) Desired Skills: AR : Expertise in Credit Risk Assessment and Collection Strategies. Strong Knowledge of Accounting, Taxation (GST, TDS), and Compliance. Excellent Negotiation and Dispute Resolution Skills. Analytical Mindset for Credit Monitoring and Risk Mitigation. Ability to Work with Cross-Functional Teams (Sales, Legal, Finance) AP : Vendor payments, Vendor reconciliations, MIS reporting, Host-to-host payments, Hands-on experience with ERP systems and advanced Excel tools Business Finance / FP&A : Knowledge of Ind AS/IFRS; should be well versed with consolidation exercise. Advance computer skills and proficiency in MS Excel and PowerPoint. Confidence to express opinions and ability to explain financial issues to non-financial management. Please fill out the form carefully and upload your updated resume. The specific role will be finalized based on your profile and the outcome of the interview process. Link to job application form:- https://forms.gle/S4VUNnvU6vYSE4E46 We look forward to reviewing your application! Show more Show less

You will be responsible for managing a team and providing leadership in developing and implementing efficient collection strategies. Your role will require strong analytical and problem-solving skills to monitor, track, and report collection performance. It is essential to possess excellent negotiation and communication skills to effectively interact with stakeholders. Knowledge of regulatory requirements and compliance in finance is necessary for this position. Ideally, you should have prior experience in team management and leadership, along with a background in financial services or a related field. A Bachelor's degree is required for this role.,

As a Regional Receivable Manager - Secured at Cholamandalam Investment and Finance Company Limited (Chola), your primary responsibility will be to oversee receivables operations in Jodhpur, Udaipur, and Kota areas. You will be tasked with developing and implementing strategies to enhance collection efficiency, ensuring compliance with company policies and financial regulations, and managing secured receivables effectively. Your role will play a crucial part in contributing to the company's growth and maintaining ethical values. To excel in this role, you should possess a strong background in receivables management and collection strategies, along with exceptional analytical and problem-solving skills. Your proficiency in financial regulations and compliance will be essential in executing the responsibilities effectively. Moreover, your excellent communication and interpersonal abilities will enable you to work collaboratively in a dynamic work environment. Ideally, you should hold a Bachelor's degree in Finance, Accounting, Business Administration, or a related field. A professional certification in receivables management would be considered advantageous and demonstrate your commitment to continuous learning and development. This full-time on-site role offers you the opportunity to be part of a leading financial services provider with a nationwide presence and significant customer outreach. If you are seeking a challenging yet rewarding opportunity to contribute to the success of a reputable organization while honing your skills in receivables management, this role at Chola could be the perfect fit for you.,

The Debt Collection Team Leader role involves the responsibility of establishing, managing, and leading the debt collection team towards achieving department goals. The ideal candidate for this position should possess excellent leadership skills, be highly motivated, and demonstrate proficiency with a proven track record in debt recovery. Key Responsibilities: - Train and mentor collection staff to enhance their performance by providing guidance and support. - Develop and implement effective collection strategies to reduce bad debt and enhance recovery rates. - Monitor and analyze key performance indicators (KPIs) associated with debt collection activities. - Collaborate with other departments to resolve complex cases efficiently. - Prepare and present regular reports on collection activities, performance, and outstanding debts to senior management. - Ensure that all collection activities are carried out professionally and ethically. This is a Full-time position with benefits including paid time off and a performance bonus. The work schedule includes day and morning shifts. The ideal candidate should have a minimum of 3 years of total work experience in a similar role. Work Location: In person Application Deadline: 23/06/2024 Expected Start Date: 24/06/2024,

As a Regional Collections Manager, your primary responsibility is to lead a team of Regional Managers to effectively conduct field collection processes and ensure the delivery of portfolio performance. You will be accountable for managing the portfolio performance across multiple due stages through Regional Collections Managers and ACMs, in alignment with the Operating Plan. It is essential to ensure the availability of appropriate infrastructure and resources for carrying out collections as per the operating plan. In this role, you will be required to formulate collection strategies for the zonal cluster based on market dynamics, portfolio spread/segmentation, and business requirements. Identifying critical or non-performing segments and applying appropriate legal hardship tools for resolution is a key aspect of your responsibilities. Regular performance reviews with vendors, Agency Managers, and Regional Collections Managers are essential to track portfolio health and ensure a healthy process. Monitoring field collections by bucket, vintage, and region is crucial to ensure cost adherence in operations and achieve cost efficiencies. Adherence to Compliance Policy, Collections processes, Audit requirements, and maintaining standards to achieve customer satisfaction is a critical part of your role. Handling customer complaints in a timely and satisfactory manner through proper recourse mechanisms is also a key responsibility. Ensuring 100% SVCL coverage at all vendor locations within the Zone, reporting monthly cost provisions to the Finance team as per timelines, and identifying upcoming markets in line with the Sales growth plan are important tasks. Evaluating setting up or expanding operations based on volumes and raising timely red flags on sourcing quality in new markets to ensure portfolio hygiene is a significant aspect of your role. Participating strategically and tactically in the development and implementation of portfolio treatments to maximize collections and increase resolution/extraction is crucial. Performing peer benchmarking to create competitive infrastructure and deliver best-in-class performance on key metrics such as Credit Recovery, Gross write-off, GNPA rates, Settlement loss rates, and rate of recovery will be part of your responsibilities as a Regional Collections Manager.,

Conduct recovery and collection activities in the open market. Build and maintain strong client relationships to ensure timely payments. Handle customer queries and provide effective solutions. Utilize marketing knowledge for potential clients. Required Candidate profile Minimum 1 year in recovery, collection in the open market. Strong communication and interpersonal skills. Good marketing knowledge. Established network in the open market.

Conduct recovery and collection activities in the open market. Build and maintain strong client relationships to ensure timely payments. Handle customer queries and provide effective solutions. Utilize marketing knowledge for potential clients. Required Candidate profile Minimum 1 year in recovery, collection in the open market. Strong communication and interpersonal skills. Good marketing knowledge. Established network in the open market.

Roles and Responsibility Manage and collect financial data from clients and vendors. Develop and implement effective collection strategies to minimize debt. Build and maintain strong relationships with customers and stakeholders. Analyze financial reports and provide insights to improve business performance. Collaborate with cross-functional teams to achieve business objectives. Ensure compliance with financial regulations and company policies. Job Requirements Strong knowledge of financial concepts and principles. Excellent communication and interpersonal skills. Ability to work in a fast-paced environment and meet deadlines. Proficient in financial software and systems. Strong analytical and problem-solving skills. Ability to build and maintain strong relationships with customers and stakeholders.

The role involves managing and monitoring delinquent account collections for an assigned portfolio, including oversight of Team Managers and Team Leaders. Responsibilities include coordinating with business and collections teams, ensuring effective call center and field operations, and maintaining vendor management. The role requires preparing MIS reports, forecasting workflow, and setting monthly targets based on trends and data. Additional duties include overseeing customer service processes, conducting review meetings, implementing collection strategies, and maintaining attrition levels. Proficiency in IT tools, dialer systems, and audits is essential. The position also includes branch administration and driving employee engagement initiatives to ensure operational efficiency.