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Collections Executive

Al Futtaim Group

Job Description

Collections Executive | Hertz | Dubai

Overview of the role:

To maximize collection and ensure all debtors are followed-up until settlement.

To facilitate a high level of cash-flow and minimize overdue debt along with maximize collection from all debitors

 

About the Team :

As a Collections Executive, you will be reporting to the Collection Manager

What equips you for the role:

 

• Always Adhere to the Collection Procedures while protecting the interest and reputation of the organization.

• Achieving the collection target assigned by the management.

•Regular follow-up by emails & Telephone calls with past due customers to ensure the collection of overdue amounts within the earliest cycle preferably within 30 days bucket.

•Ensure timely transfer / escalation to the relevant department for the necessary legal action by completing all formalities and to follow up until concluding the process.

•Answer queries from customers related to collections.

•Prepare & Send Statement of Account for the Debitors on a monthly basis

•Timely and effective collection of all debts and customers payments.

•Negotiating re-payment plans according to the company policy.

•Collecting overdue amounts by rigorous follow-up and make sure company money is recovered fully and on time. 

•Submit periodical/collection ad-hoc reports to the collections manager on the agreed format.

•Full responsibility for maintaining a complete collection report by recording details of all interactions with customers.

Regular & proper update on the Collection Management Log.

•Create trust Create & Maintain relationships with debtors when possible, to avoid future issues.

•Provide updated feedback to the credit team on customer health payment status/history to credit approving authority.

•Field visits to be performed to collect payments as and when required.

Skills
Required Skills to be successful: •PC & Microsoft Office proficiency•Understanding/Knowledge of competitor •Previous automotive experience preferred•Ability to plan own work effectively and meet deadlines. •Contribute to the short-term planning of department.•Show initiative in taking on greater responsibilities without being asked. Demonstrate persistence in the face of resistance.•Critical thinking and problem-solving skills.  

To apply for this job please visit www.bayt.com.

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