Jobs for Debt Recovery Managers Via Ascentech Services

Ascentech Services Ltd acts as a gateway to provide a wide range of recruitment and selection services to companies. We are a dedicated team of professional consultants offering top of the line executive recruitment and selection services.
One of our clients in the Distribution industry is seeking to hire a Debt recovery manager in Kano, Abuja and Port Harcourt who will engage, manage and work directly to improve the activities of the credit department for the organization.

Job Title: Debt Recovery Managers

  • Create a credit risk management environment of an acceptable quality, in terms of established credit guidelines
  • Assist in developing sound, acceptable credit policies
  • Analyze delinquent accounts and prepare report on highest risk accounts including recommendations for resolution.
  • Interact with customers to obtain additional credit information to support credit lines
  • Reconcile transactions and balances to maintain accurate accounts
  • Initiate credits and adjustments to customer accounts within company policy limits
  • Check for credit viability on requests for extended terms, and evaluate various adjustments or exception documents
  • Identify accounts requiring collection agency or legal action and coordinate collections with third party contractors
  • Monitor violations of credit policies, provide analysis, conclusion and recommendations, present findings to senior management and suggest actions/penalties to be taken when appropriate
  • Develop processes and procedures for evaluating customer financials and setting and changing credit lines/limits, as well as credit holds; implement liens as necessary to major delinquent account as approved
  • Generates legal documents used in the credit function
  • Submit requests to senior management and supporting documentation for accounts requiring credit lines
  • Research and make decisions on finance charges
  • Maintain bad debt and bad debt recovery records
  • Monitor receivables and collections and provide updates of receivables and provide appropriate reporting procedures
  • Identify problem accounts and provide regular updates of receivables to management
  • Negotiate payment programs with delinquent customers
  • Five (5) years plus in a credit management function; Microsoft Office products and ERP system experience.
  • Understands purpose of legal documentation and terms and conditions of the sales and installations contracts of company’s products. Knowledge of financial statements and cash flow analysis, industry/market credit research, liens and bonds. Has worked in law/legal firm industry.
  • Bachelor’s degree in Finance, Accounting or related field and five plus years related experience.
  • Strong communication, interpersonal and leadership skills. Must have excellent negotiation and problem solving skills. Detailed knowledge of required documentation and a thorough knowledge of Lien Laws that govern the transactional relationship between the Customer and the Company.

How to Apply

Interested candidates should please forward their CVs to [email protected]in MS/PDF Formats only with the job title and location as subject of email.

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