Posts
Our client in the finance industry seeks to fill a position of a Collections
Manager
Position Title: Collections Manager
Company Name : FUTURE OPTIONS CONSULTING
LTD
Experience : 3 (Years)
Job Type : Full Time
Industry Type : Bank/Insurance/Finance
Functional Area : Bank/Insurance/Finance
Location : Kampala ,Uganda
Job Description :
To develop, design and review collection analysis and risk management
processes and tools, and offer guidance and mentorship to Departmental and
Field staff in line with the company’s Uganda’s lending policies and
procedures.
Job profile:
• To design and ensure implementation of strategies and action plans for
recovery of delinquent loans, delinquency tracking tool and transform the
required actions into standard policies and procedures in line with the
company’s Uganda’s policies and procedures
• To develop and implement Collection processes, policies and procedures
according to the company’s Uganda Strategic Plan.
• To train, guide and mentor field personnel on credit assessment, loan
monitoring and collections activities, and assess performance targets in line
with the company’s Uganda’s policies and procedures.
• To follow up with Regional debt collectors on monthly collections and
evaluate their performance.
• Ensure that all receipts are posted into the MIS on a timely and accurate
basis.
• Ensure all loan deals are captured
accurately and completely.
• Prepare, submit and present, on a
monthly basis, Departmental performance Reports on the Collections efficiencies
and actions to further improve performance.
• Oversee reporting and analysis of
collections data relative to decision-making based upon mitigating loss,
delinquency, bad debt, age of receivables, Business and customer value.
• Maintain high quality and achieving measurable goals.
• Register improved loan book performance.
• Achieve lower bad debt write offs attributable to poor credit decisions
and poor collection techniques and strategies, and higher customer retention
attributable to the use of best consumer and business credit and collections
practices.
• Full knowledge of backend system rules and processes and the use of those
tools to fully implement the collection strategy and maintain workflow for
staff.
• Develop and mentor direct reports.
• Act as liaison between Credit and Collections Department, and other
Departments within the company to resolve escalated issues and to enhance cross
functional policies and procedures to ensure the best possible service to
customers.
• Manage relationships with; Collection Agencies, Credit and Collections
based tools, Industry Associations, among others, to meet all Company Goals.
Skills required: •
Qualified candidates for this
position will possess:
A Bachelors Degree in Business
Management, Finance, Mathematics or equivalent with experience of 4 to 6 years
of large teams with varying tasks and levels of complexity and experience.
• 3 to 5 years’ experience in running a Credit and Collections Department
preferably in the Commercial Banking /Financial Industry environment in Uganda,
with a proven track record and results.
• Experience in International Report
consolidation and reporting skills.
• Desired Professional Qualifications:
Accounting/Financial Management.
• Experience in the Financial
Services industry with particular focus on credit lending and management.
• Accurate, dependable, a Team
player who is driven by achieving results and delivering Shareholders
expectations.
• Above average problem solving and
analytical skills.
• Excellent communication and
presentation skills.
• Ability to nurture, grow and develop strong & beneficial business
relationships across all levels.
• Ability to travel extensively within Uganda and globally.
• Must be over 30 years.
• A clean driving permit.
How to Apply:
Interested candidates should send their applications & up-dated CVs to
jobs@futureoptionsug.com. Only short-listed candidates will be contacted.
Contact Information
Name/ Designation : The Director -
Telephone : 0414231204
Address : Replies To: Future Options
Consulting Ltd, 4th. Floor, Diamond Trust Bldg,
Apply Before Date : 14 March 2014
