Area Collection Manager

Muthoot Fincorp Limited; Ahmedabad District; Sur place; INR 800 000 - 1 400 000; Plein temps

Résumé du poste

Area Collection Manager role at Muthoot FinCorp Ltd-SULB oversees the collections department, ensuring timely payments and portfolio health. You’ll manage staff, set targets, and implement strategies to improve recovery of outstanding credit.

Ideal candidates have a finance/accounting background with 3–5 years in collections, strong leadership, and proficiency in Excel, QuickBooks, and general ledger tools. This position emphasizes compliance, training, and performance reporting.

Qualifications

• Bachelor’s degree in finance or accounting.
• 3–5 years of experience as a collections manager.

Responsabilités

• Overseeing staff and ensuring timely invoicing and collections.
• Setting collection goals and targets for the department.
• Creating and implementing a strategy to improve the collection of outstanding credit.
• Implementing collection policies and procedures to avoid excessive outstanding credit.
• Ensuring policy on recoveries is followed and compliant with regulations.
• Preparing monthly feedback reports on payment collections.

Connaissances

Leadership

Time management

People management

Communication

Analytical skills

Attention to detail

Formation

Bachelor’s degree in finance or accounting

Outils

QuickBooks

General Ledger

MS Excel

Description du poste

AREA COLLECTION MANAGER Role Profile

AREA COLLECTION MANAGER ROLE SPECIFICATION Role Title-- AREA COLLECTION MANAGER Employee Interviewed Reports To CLUSTER COLLECTION MANAGER Company Muthoot FinCorp Ltd-SULB Function/Department COLLECTION Written By Approved By (Jobholder) Approved By (Immediate Superior) Date (Written On)

ROLE SUMMARY

Area Collection Managers oversee the financial collection department of a company and are responsible for the Branch Portfolio and the timely receiving of payment.

KEY RESPONSIBILITIES

• Overseeing staff members and ensuring the accurate and timely invoicing of customers.
• Setting payment collection goals and targets for the department.
• Creating and implementing a strategy to improve the collection of outstanding credit.
• Implementing collection policies and procedures to avoid excessive outstanding credit.
• Ensuring that the company policy on recoveries is followed and that it is in line with state and federal regulations.
• Implementing deadlines for invoicing and payment collection.
• Negotiating with customers in cases when non-payment occurs.
• Preparing monthly feedback reports on payment collections.
• Remaining informed of any legislative procedural training regarding debt collection.
• Training and mentoring of staff members in the collections department.

KEY INTERACTIONS

• Internal Stakeholders: Business Legal Operation Risk Field Technical Team Audit Risk, Compliance
• External Stakeholders: Customers Insurance Providers Regulatory Authorities Referral Sources

KEY CHALLENGES

• Lack of current contact information.
• Disjoint communications.
• Lack of self-served solutions.
• Meeting compliance requirements.
• Lack of automation.
• Providing secure communications.

KEY SKILLS & BEHAVIOURAL ATTRIBUTES

• Experience with accounting software such as Quickbooks and General Ledger and advanced knowledge of MS Excel.
• The ability to work accurately and independently.
• Good verbal and written communication skills.
• Excellent analytical skills and an eye for detail.
• Outstanding leadership and managerial skills.
• Strong time and people management skills.
• Ability to work to strict deadlines.

EDUCATION / EXPERIENCE

Bachelor’s degree in finance, accounting, or a related field. 3 - 5 years’ experience as a collections manager.