Debt Management Specialist
5 days ago
At AECI Limited, we are seeking a highly skilled Debt Management Specialist to join our team.
Job Description:This role involves managing the debts of customers, ensuring timely payments are made, processing incoming funds, reconciling invoices, resolving account queries, and managing debt recovery. The successful candidate will be responsible for completing credit checks and credit limit approvals for new and existing customers, as well as allocating deposits from bank statements to respective customer accounts.
Key Responsibilities:- Completing credit checks and credit limit approvals for new and existing customers.
- Customers account reconciliation.
- Allocate all deposits from bank statements to respective Customer accounts.
- Ensure that customers transact within agreed limit and terms.
- Maintain credit limits by reviewing requests for credit limit increases.
- Receive and process credit applications for opening of new terms accounts in Syspro.
- Receive and process requests for opening of new COD accounts in Syspro.
- Ensure that credit limits are reviewed annually.
- Perform debt collection responsibilities.
- Attend to Customer account queries.
- Prioritize tasks in order of priority.
- Regular communication with Management regarding debtor concerns.
- Prepare weekly debtors outstanding reports.
- Conduct daily cash receivable forecasting.
- Print debtor invoices and statements.
- Process standard month end transactions and reconciliations relating to debtors accounts.
- Assist with the management of and adherence to the overall internal control structures implemented by the company.
- Participate in the external year end audit and internal audit requirements.
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Debt Recovery Specialist
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