• Application Deadline:
• Position: Collections Manager


• Job Type Full Time


• Qualification BA/BSc/HND


• Experience 5 years


• Location Lagos


• Job Field Finance / Accounting / Audit 
  

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.