Job Position: Collection & Reconciliation associate
Function: Finance and Operations
Line Manager: Credit control lead
Duty Station: Head Office
JOB DESCRIPTION:
The primary responsibility of the Collections and reconciliation junior associate is to manage all outstanding accounts ensuring timely collections and reporting of portfolio performance.
The Key responsibilities include:
- Ensuring credit and collection policies and procedures are followed
- Timely compilation of insurance sales per provider for verification by the Credit Controller prior to submission of the claims to the provider.
- Data capture of all remittances from providers and insurance companies on a regular basis on the ERP system.
- Perform credit check for all new Wholesale prospects before onboarding and extension of credit
- Regular review and reconciliation of accounts providing the aging analysis of the outstanding portfolio.
- Ensure that debts are paid in a timely manner.
- Ensure monthly processing deadlines are met as required
- Monitoring debtor balances to ensure a reduction in debtors DSO
- Providing ad-hoc reporting as and when requested by management.
- Respond promptly and completely to both external and internal inquiries.
- Ensure outstanding accounts are monitored on a regular basis and appropriate actions are taken to ensure that the collection portfolio remains within acceptable limits through the application of sound credit judgment within policy guidelines.
- Achieve the monthly collection targets.
- To ensure that all communication whether written or oral to be in line with the company’s policies and quality standards.
- Other duties as delegated from time to time by the Credit controller or any other person designated in their absence
Minimum Qualifications.
- have 2-3 years working in a collections department or credit management function
- have experience executing, tracking, and reporting on a high volume of calls
- Possess strong attention to detail and work with high accuracy
- Possess strong communicator and can confidently and professionally engage with internal and external stakeholders both verbally and in written form
- flexible and open to change – you handle uncertainty, complexity, and ambiguity well
- Possess excellent excel skills (including Google Sheets)
- Good ERP experience.
How to apply
Interested candidates should send their application file (CV and cover letter) before Thursday 17th February 2022 using the “Apply for this job” button below.
