
Credit and Collection Officer
4 days ago
- Monitor and manage accounts receivable to ensure timely collection of outstanding balances.
- Conduct credit investigations and assess the creditworthiness of new and existing clients.
- Recommend appropriate credit limits and payment terms based on risk assessment.
- Send billing reminders, follow up on due payments, and escalate delayed accounts as needed.
- Coordinate with Sales, Legal, and Customer Service teams to address billing disputes or concerns.
- Prepare regular collection reports, aging summaries, and updates on account statuses.
- Negotiate payment arrangements or settlements with delinquent clients, when necessary.
- Ensure all collection activities comply with internal policies and legal regulations.
- Propose and implement improvements to the credit and collection process.
Qualifications:
- Bachelor's degree in Accounting, Finance, Business Administration, or a related field.
- At least 3-5 years of experience in credit and collection or accounts receivable.
- Strong understanding of financial and credit analysis.
- Excellent negotiation and communication skills.
- Proficiency in MS Excel and experience with accounting or ERP systems.
- High attention to detail and ability to manage multiple accounts simultaneously.
- Professional, tactful, and client-oriented approach to handling sensitive financial matters.
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