• Application Deadline:
• Position: Collections Associate


• Job Type Full Time


• Qualification BA/BSc/HND


• Experience 5 - 7 years


• Location Kano


• Job Field Finance / Accounting / Audit 
  

Who are you?

• As Kobo’s Collection Associate, you are responsible for managing receivable accounts which form part and integral of the finance department, collaborating with other department to drive cash flow in a fast, paced dynamic environment.


• You are energetic, open minded, with extensive experience on both on the field and back end and ability to work with youthful minds and tech savvy team members.

Responsibilities

• Reconciliation of Partner’s Receivable Ledger account


• Liaise with partners to resolve all issues disrupting inflows.


• Follow-up with Customers on overdue debts


• Daily updating Receivables report from the cash inflow report


• Generate age analysis report for Partner’s Receivable Account


• Develop strategies for the reduction of the overdue Receivable balance in the General Ledger


• Negotiating payment plans and arrangements with customers.


• Escalating delinquent accounts to the Collection Team Lead or legal department as necessary.


• Maintaining accurate and up-to-date records of customer interactions and payment plans.


• Providing regular reports on collections activities and progress to senior management.


• Ensuring compliance with legal and regulatory requirements related to collections activities.


• Developing and monitoring collections strategies, identifying delinquent accounts and taking appropriate action to recover outstanding debts.


• Conducting regular analysis of the accounts receivable aging report, identifying trends and issues, and recommending action to improve collections and cash flow.


• Communicating with customers to resolve billing issues and negotiate payment plans, and escalating issues to senior management as needed.


• Preparing regular reports on accounts receivable performance, including metrics such as DSO (days sales outstanding), cash collections, and bad debt provisions.


• Liaising with other departments, such as sales, customer service, and finance, to ensure that accounts receivable processes are integrated effectively with other business functions.


• Additionally, proficiency in relevant software programs such as Excel, accounting software, and ERP systems may be required.

Qualifications

• Bachelor’s degree in Finance/Accounting


• 5–7 years relevant experience


• A professional qualification in accounting preferably ACCA/ICAN would be an added advantage.


• Proficiency in MS office


• Problem Solving Skills


• Relationship Management.