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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.