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Finance Collections Officer

Job Description

  • Collect outstanding debts from clients and achieve collection target to ensure positive cash flow.
  • Maintain debtors book to ensure that the debt status is accurate and latest.
  • Develop reports on aged debt accounts and days sales outstanding (DSO) reports.
  • Monitor slow moving accounts to identify delinquent debts and take necessary action to recover the debts.
  • Review collection queue to perform collection activities accordingly.
  • Adhere to customer policies and procedures.
  • Close a specific number of collection accounts each month to meet assigned.
  • Target and maintaining a high level of customer retention.
  • Contact debtors and implement repayment schedules and terms.
  • Maintain security and confidentiality of company and customer information.
  • Attend educational programs for professional growth and skill development.
  • Follows up on invoices submitted to ensure prompt and timely payment.
  • Evaluates payments/denials received for correctness and ensures that they are applied appropriately.
  • Identifies bad debt write-offs and A/R adjustments in accordance with policies and procedures.
  • Liaising with customers, as well as internal personnel including the sales team.

Requirements:

  • Diploma or a Bachelors degree in Finance/Accounting or a closely related field.
  • At least CPA part 4 qualification.
  • 3 years experience in a busy credit control department.
  • Proficient in spreadsheets, databases, MS Office and financial software applications.
  • Excellent time management skills, with the ability to perform multiple tasks and meet critical deadlines while maintaining accuracy and quality.
  • Proven ability to make complex and time-sensitive decisions in the best interests of the organization.
  • Strong analytical and organizational abilities with great attention to detail.
  • Ability to work alone with minimum supervision.
  • High level of integrity, resilient and energetic individual.
  • Real estate industry experience is an added advantage.

Salary Scale

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Salary is competitive depending on experience.

How to apply

If interested and meet the requirements, send your CV and cover letter for consideration and shortlisting to recruitment@username.co.ke on or before 20th June 2023 and clearly indicate the position that you are applying for in the subject line. Only shortlisted candidates will be contacted.

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