Credit and Collections Specialist
VEPCO GROUP DISTRIBUTION CORP.
Lokasi pekerjaan
Northern Mindanao
Status Pekerjaan
Waktu penuh
Detail Pekerjaan
SUMMARY
A Credit and Collection Specialist is primarily responsible in administering and overseeing the investigation of credit risk and customers and suppliers. Manage the collection of outstanding invoices while enforcing company policy. Develop strategic processes to ameliorate cash flow and reduce receivables.
DUTIES AND RESPONSIBILITIES
I. CREDIT AND COLLECTIONS MANAGEMENT
1. Supervise the collection of outstanding credit and invoices to minimize profit loss while ensuring it is handled appropriately according to company policy.
2. Manage the daily accounts receivables to ensure customer compliance and to follow up with issues or complaints from customers.
3. Develop procedures for custody or control of assets, records or securities to ensure safekeeping.
4. Examine collection reports to identify the status of collections and the amounts of outstanding balances.
5. Research, develop and implement collection procedures that reduce the amount of delinquency they encounter.
6 Systematically follow-up current non-performing and unsatisfactory accounts to reduce exposure and maintain loss experience to a minimum.
7. Evaluate delinquency loan reports and initiate and/or make recommendations for remedial action
8. Negotiates payment arrangements and follow up to make sure the payments are made.
9. Develop processes to ensure timely and accurate billing, credit and collections policies.
10. Initiate investigations into credit ratings and ensure all credit checks are completed in a timely fashion.
11. Determines areas of the collection process that need improvement and carry out an enhanced process that will help collectors be more effective.
12. Implement credit policies and procedures that retain a smooth running of the department and avoid excessive credit limits.
II. OTHERS
1. Updates job knowledge by participating in training opportunities; reading professional publications; maintaining personal networks; participating in professional organizations.
2. Maintains customer confidence by observing the Data Privacy Act.
3. Provides technical training and development to
4. Direct Reports. Assures accountability is maintained at all times.
5. Performs related duties and responsibilities, or ad-hoc tasks, as may be assigned and requested by the immediate superior due to business exigencies.
QUALIFICATIONS:
• Must have a Bachelor’s degree preferably in finance, accounting, business or equivalent
• Have undergone trainings and seminars related to the job
• At least 3 year(s) of work experience in a similar role
• Solid understanding of basic accounting principles, fair credit practices and collection regulations;
• Ability to calculate, post and manage accounting figures and financial records
• Data entry skills along with a knack for numbers
• Hands-on experience in operating spreadsheets and accounting software
• Proficiency in English and in MS Office application
• Outstanding organizational and time-management skills
• High degree of accuracy and attention to detail
• With leadership skills
• Knowledge and skill of modern office practices, procedures, equipment and standard clerical techniques
• Excellent customer experience and problem-solving skills.
• Effective English communication skills, both oral and written. Can speak the local dialect and/or Filipino.
• Action orientated. Should be able to follow up on feedback to ensure positive outcomes
