Collections Manager

Job Title:Collections Manager
Education:Bachelor’s Degree
Location:Egypt, Cairo
Category:Accounting/Finance, Administration
Description:
  • Follow up daily during the collection period with Business Developers & Distributors the collection of the financial claims to ensure collection targets are achieved & resolve any issues escalated from the branch.
  • Ensure Collection targets are achieved on each collection period(s) monthly & resolve any issue escalated.
  • Review customers with cash overdue to suggest decreasing their credit limits to save the company financially.
  • Visit different branches which have bad collection performance to revise collection actions taken to set correction action in line with the sales team.
  • Visit key customers who have big problems/delays in the collection to resolve these issues & revise collection cycle with customers.
  • Follow-up & analyze deeply the increase in credit limits or special cases for collection to take action & escalate to concerned managers
  • Review the purchase volume for customers as per IMS reports compared with their credit limits at the company in order to define the financial risks for dealing with them.
  • Follow up daily with sales teams to determine the collection status of returned cheques from customers on the agreed time in order to achieve the collection targets of returned / uncollected cheques.
  • Review returned cheques volume & their collection rate per branch, area in order provide National Sales Manager with data in order to be reviewed with the Sales & Branch Managers.
  • Analyze all returned cheques from customers who have a delay in the collection to take appropriate action/s ( substitution, transfer to the legal section or escalate to concerned managers)
  • Develop frequent reports to be submitted to the direct manager to reveal achieved versus planned objectives.
  • Follow the instructions, requirements of the quality, safety and occupational health, the environment and road safety management system
  • Perform any other assigned tasks as required by the direct manager within the same level of responsibility.
Qualifications:
  • Adaptability, flexibility
  • Degree in Communications or Marketing
  • Bachelor’s Degree in a relevant field;
Contact:

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Posted in Accounting/Finance Administration