Collection Officers at Careers Verified Limited Full Time NEW

Job Title: Collection Officer

Location: Ikeja, Lagos
Employment Type: Full-time

Job Summary

• The Collection Officer is responsible for managing overdue accounts, recovering outstanding payments, and ensuring timely resolution of disputes.
• They play a critical role in maintaining the financial health of the organization by minimizing bad debt and enhancing cash flow.

Key Responsibilities
Debt Collection:

• Contact customers via phone, email, or in-person visits to remind them of overdue payments.
• Negotiate payment plans and terms with customers based on their financial situation and the company’s policies.
• Follow up on agreed payment schedules to ensure compliance.

Account Management:

• Maintain detailed records of customer interactions and payment status in the database.
• Review and analyze aging reports to prioritize collection efforts.
• Investigate and resolve discrepancies in billing or payment records.

Compliance and Reporting:

• Ensure adherence to all legal and regulatory requirements in the collection process.
• Prepare and submit daily, weekly, and monthly collection reports to management.
• Recommend accounts for escalation to legal action or write-offs as needed.

Customer Relations:

• Handle customer inquiries regarding payment issues, billing, and account status.
• Provide excellent customer service while maintaining professionalism and firmness during negotiations.
• Educate customers about payment options and terms to avoid future overdue payments.

Team Collaboration:

• Work closely with the accounts, sales, and customer service teams to resolve payment issues.
• Share insights on recurring issues or patterns to improve processes and customer communication.

Qualifications

• Bachelor’s Degree / HND / OND.

Experience:

• Previous experience in credit control, debt collection, or accounts receivable is an advantage.

Salary
N50,000 – N60,000 monthly.

Application Closing Date
31st December, 2024.