• Application Deadline:
• Position: Recovery Officer


• Job Type Full Time


• Qualification BA/BSc/HND


• Experience 3 years


• Location Lagos


• Job Field Finance / Accounting / Audit 
  

Job Description.

• Lead recovery activities across all cities and new locations.


• Handles special credit arrangements and deviations from standard terms of payment.


• Review the debt recovery process’s effectiveness and policies.


• Select and manage an effective process of outsourcing past due accounts referred monthly to external debt agency services by analyzing the selection, monitoring the collection performance, and assuring a reasonable rate of return.


• Execute all asset recovery logistics with applicable external service providers (e.g., repossession companies, bailiffs, external legal counsel, auctioneers) against budget and effectively troubleshoot unforeseen issues/problems that may arise.


• Engage with guarantors to negotiate reasonable settlements on post-recovery shortfall amounts and/or collaborate with legal/external counsel in executing the legal strategy of asserting and enforcing legal claims.


• Ensure training plans and documentation are up to date and in place for collections of receivables and applications.


• Staff Development: Involvement in the career development of the team and any staffing decisions.


• Leadership: effectively lead, manage, and develop collections teams across current and new city launches.

Job Requirements

• BSc/HND in Accounting, Mathematics, Business Administration or related disciplines.


• 3+ years of proven experience with at least one year in a managerial role and credit


• Asset recovery/insolvency background


• Strong execution skills


• Ability to effectively communicate to different audiences in different functions in multiple geographic locations.


• Strong Excel skills, especially with pivot tables and data manipulation/presentation


• Exceptional organizational, time management, and problem-solving skills


• Must be able to perform independently, be self-motivated, and demonstrate initiative.


• Ability to work on big data and generate insight for decision-making.