JOB DESCRIPTIONManagement of the Debt Collection Business UnitEnsures pre-legal activities and evidence is properly compiled.
Reviews cashbook batches and runs debit orders from Debt Collectors.Vets and reports on the deals via Management Credit Committee, Debt Management Committee Management Committee, Credit Management, EXCOConducts Client visits to encourage payments and establish good relations.
Arranges and recommends payment plans.Analyses delinquent accounts and prepares report on high risk accounts including recommendations for resolution.
Reviews reconciled transactions, recommends journal entries to maintain accurate account balances.Prepares provisions for bad debts and write offs.
Systematically allocates new clients and captures information on the system in order to generate contracts.Manages receipts, new loans, and re-advances on a monthly basis for respective contracts.
Manages accounting information for reporting purposes.Sets annual performance objectives for employees.Ensures all employees have signed performance agreements.
Conducts employee-s appraisals.Develops action plans to address poor performance.Identifies training needs of employees.Manages relations with all stakeholders.
Manages relationships in accordance with policies and procedures.Ensures regular communication with Clients.Captures journal on the system upon receipt from Debt Management Committee.
Compiles monthly management reports.Compiles required and special reports on operating functions of department.JOB REQUIREMENTSB Degree NQF Level 7 in Financial Management or Credit Management or equivalentAdvantage if have passed FAIS Regulatory EXAM RE1 CertificateExperience in Credit or Collection Management - 8 YearsManagerial Experience - 3 Years