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143 SL Finance Jobs

COLLECTION OFFICER

1-7 years

Kolkata, Mumbai, New Delhi + 4 more

1 vacancy

COLLECTION OFFICER

SL Finance

posted 1mon ago

Job Description

A Collection Officer is responsible for managing and overseeing the collection of outstanding debts or overdue payments from customers or clients. This role involves developing collection strategies, contacting debtors, negotiating payment arrangements, and maintaining accurate records.Key Responsibilities:Debt Collection: Contact customers or clients with overdue payments to negotiate and collect outstanding debts in a professional and respectful manner.Payment Arrangements: Work with debtors to establish repayment plans, settlements, or alternative payment solutions that align with their financial circumstances.Account Review: Review and analyze debtor accounts to assess their financial status, payment history, and creditworthiness.Communication: Maintain regular communication with debtors through phone calls, emails, or letters to encourage timely payments and resolve payment disputes.Documentation: Maintain detailed records of all collection activities, payment arrangements, and debtor interactions.Compliance: Ensure collection practices comply with relevant laws, regulations, and company policies, including fair debt collection practices.Reporting: Prepare and submit regular reports on collection activities, outstanding debts, and recovery rates.Escalation: Escalate accounts to legal or higher management when necessary, following established protocols.Customer Service: Provide excellent customer service to debtors by addressing inquiries, concerns, and providing information about payment options.Reconciliation: Reconcile payments received with outstanding balances, updating records accordingly.

Employment Type: Full Time, Permanent

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What people at SL Finance are saying

SL Finance Benefits

Free Transport
Child care
Gymnasium
Cafeteria
Work From Home
Free Food +6 more
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