Collection Executive

A Collection Executive is responsible for recovering outstanding debts from individuals or businesses. They achieve this by contacting debtors, negotiating payment plans, and resolving discrepancies while adhering to company policies and legal regulations. They play a crucial role in maintaining healthy cash flow and minimizing bad debt for the organization. 

Here's a more detailed breakdown of the responsibilities and skills involved:

Responsibilities:

• Contacting Debtors: Reaching out to customers with overdue payments through phone calls, emails, or letters. 

• Negotiating Payment Plans: Working with debtors to establish manageable repayment schedules. 

• Resolving Disputes: Investigating and resolving discrepancies or issues related to payments. 

• Maintaining Records: Keeping accurate and detailed records of all collection efforts and customer interactions. 

• Following Up: Regularly following up with debtors to ensure payments are made on time and according to agreed-upon plans. 

• Adhering to Regulations: Ensuring all collection activities comply with relevant laws and company policies, including the Fair Debt Collection Practices Act. 

• Escalating Issues: Coordinating with internal departments to address complex client concerns or escalate issues as needed. 

• Process Improvement: Identifying opportunities to streamline the payment collection process and improve efficiency. 

• Monitoring Accounts: Analyzing accounts receivable aging reports and prioritizing collection efforts based on the level of delinquency. 

• It is a Full Time Back Office / Data Entry job for candidates with 1 - 4 years of experience.

More about this Collection Executive job

1. What is the eligibility criteria to apply for this Collection Executive job?
   Ans: The candidate should be Diploma and above and above with 1 - 4 years of experience of experience
2. How much salary can I expect for this job role?
   Ans: You can expect a salary of ₹20000 - ₹25000 per month that depends on your interview. It's a Full Time job in Hyderabad.
3. How many working days are there for this Collection Executive job?
   Ans: This Collection Executive job will have 6 working days.
4. Are there any charges applicable while applying or joining this Collection Executive job?
   Ans: No, there is no fee applicable for applying this Collection Executive job and during the employment with the company, i.e., AGROMECH INDUSTRIES.
5. Is it a work from home job?
   Ans: No, it’s not a work from home job and can't be done online.
6. How many openings are there for this Collection Executive role?
   Ans: There is an immediate opening of 1 Collection Executive at AGROMECH INDUSTRIES
7. Who can apply for this job?
   Ans: Only Male candidates can apply for this Back Office / Data Entry job.
8. What are the timings of this Collection Executive job?
   Ans: This Collection Executive job has 10:00 AM - 07:00 PM timing.