Manager / AGM (Payment Collection)

Israq Spinning Mills Ltd.; United Kingdom; On-site; GBP 40,000 - 60,000; Full time

Job summary

A leading textile company in the UK is seeking an experienced Manager/AGM for Payment Collection. You will be responsible for ensuring timely payment collection from clients and banks, maintaining accurate financial records, and assisting in account reconciliation. The ideal candidate should have strong communication skills and proven experience in similar roles. This position offers a dynamic work environment focused on cash flow operations.

Qualifications

• Proven experience in payment collection and accounting.
• Strong communication skills for client interaction.
• Ability to maintain accurate financial records.

Responsibilities

• Follow up with clients and banks for timely payment collection.
• Maintain accurate records of receivables and collections.
• Assist in reconciling client accounts and bank statements.

Job description

Job Context

Ahmed Group, a reputed name in Bangladesh's textile industry, is looking for dynamic and experienced professionals for the position of Manager/AGM (Payment Collection) under the Accounts and Finance Department at Israq Spinning Mills Ltd. The candidate will be responsible for collecting due payments from parties/banks and ensuring smooth cash flow operations.

Job Responsibilities

• Follow up with clients and banks to ensure timely collection of due payments.
• Maintain accurate records of all receivables and collection statuses.
• Visit client offices or banks as required for payment collection purposes.
• Issue receipts and maintain transaction records for collected payments.
• Coordinate with the sales and commercial teams for resolving client payment issues.
• Maintain close liaison with parties to track and collect outstanding payments.
• Ensure all collection documents are processed in accordance with company policies.
• Prepare daily, weekly, and monthly collection reports for management.
• Assist in reconciling client accounts and bank statements related to receivables.
• Escalate overdue or problematic accounts to senior management for necessary action.
• Carry out other duties as assigned by management from time to time.