Senior Debt Recovery Manager

1 month ago


Johannesburg, Gauteng, South Africa Network Recruitment Full time
Job Summary

We are seeking a highly skilled Senior Debt Recovery Manager to join our team in Sandton. As a key member of our finance department, you will be responsible for managing the entire debt recovery process from initial invoicing to final payment receipt.

Duties and Responsibilities
  • Oversee the processing of debtor invoices and statements, ensuring timely and accurate distribution to clients.
  • Manage the aging of guest ledgers across all hotels, conducting regular reviews to ensure compliance with minimum standards.
  • Follow up on outstanding payments via phone calls, maintaining open communication with clients to resolve any issues promptly.
  • Invoice hotel tenants and manage the aging of their accounts, ensuring prompt payment receipt.
  • Calculate and approve bi-weekly third-party commission refunds via EFT.
  • Process online payments and credit card refunds, maintaining accurate records throughout the process.
  • Foster close working relationships with clients, stakeholders, and internal teams to ensure seamless debt recovery operations.
  • Conduct daily review of credit limits for all accounts, preventing over-limit situations and ensuring financial stability.
Required Skills and Qualifications
  • At least 5 years of experience in a similar debt recovery role, preferably within the hospitality industry.
  • Bachelor's degree in Accounting or a related field, such as Finance or Credit Management.
  • Strong analytical and problem-solving skills, with the ability to work effectively in a pressurized environment.
  • Proficiency in MS Excel, including basic data analysis and reporting.
  • Knowledge of Protel or similar property management systems, as well as Sage Evolution accounting software.
About the Role

This is a fantastic opportunity to join Network Recruitment's team in Sandton. As a Senior Debt Recovery Manager, you will have the chance to utilize your expertise and skills to drive business growth and success. The estimated salary for this position is R250,000 - R300,000 per annum, depending on experience.



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