Duties & Responsibilities include but not limited to:
- Formulate and implement cost effective collection strategies
- Review the collections strategy regularly and training collectors to ensure that the collection techniques change with change in the legal and economic situation in the country
- Ensure flows into various buckets within the set targets
- Ensure adherence to policies & processes, proper documentation and adherence to all regulatory and legal guidelines
- Provide updates to the financial controller, senior management and business units on status of collections at regular intervals
- Ensure service quality standards set by senior management are adhered to and met
- Ensure low risk audit rating for the unit and also be available for any queries that auditors might have
- Deals with some key customers, to solve any problems they might be facing in payments
- Check for inconsistencies in receivables in JTC and client end and also ensure all documentation is in place
- Interacts with clients to resolve issues and to handle client expectations
- Negotiates with customers in absence of proper documentation and authority
- Ensure that the team targets are met on a monthly basis
- Determines most effective methods for maximizing financial recovery
- Maintains and ensures financial discipline as per budget for the team
- Negotiate with customers for best settlements
- Supervise and managing a team of collectors to ensure collection targets are met
- Prepare projections for bad debts, loses and potential risks
- Provide advise to financial controller on ways in which financial risks can be mitigated
- Identify training needs for team; conducting performance appraisals of direct reportees
- Assist the management in the fulfillment of its obligations, statutory or otherwise, concerning prevention of personal injuries
- Maintain a safe working environment.
Job Details
| Posted Date: | 2021-05-17 |
| Job Location: | Al Kuwait, Kuwait |
| Job Role: | Accounting and Auditing |
| Company Industry: | Motor Vehicle Passenger Transport |
| Monthly Salary: | US $2,000 |
Preferred Candidate
| Career Level: | Senior Executive |
| Degree: | Bachelor's degree |
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Jobs in Kuwait - career in Kuwait - vacancies in Kuwait-Senior Accountant - Jassim Transport & Stevedoring Co. K.S.C.C-Jobs in Kuwait - career in Kuwait - vacancies in Kuwait
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