Company Overview

Conneqt Business Solutions is committed to delivering superior customer experience by continuously simplifying business processes and creating sustainable value for stakeholders. As a prominent player in the ITES Services, IT Consulting, and BPO industry with headquarters in Bangalore, Conneqt is dedicated to innovation and excellence. Explore more about us at our website: https://www.conneqtcorp.com.

Job Overview

We are seeking a dynamic Debt Collection Executive for a junior-level position at Conneqt Business Solutions. With a job location in Hungund, this role requires 1 to 3 years of work experience. The ideal candidate will be responsible for efficiently managing debt collection processes and supporting the company's overall financial objectives.

Qualifications and Skills

• Must have experience in debt collections and field executive practices (Mandatory skill).
• Proficiency in negotiating payment plans and settlements with debtors.
• Knowledge of accounts receivable management to handle outstanding invoices proficiently.
• Ability to perform credit risk analysis to assess the probability of debts being paid.
• Experience with various payment processing systems to facilitate collections.
• Implementation of effective debt recovery strategies to optimize collection processes.
• Excellent communication and interpersonal skills for interacting with clients constructively.
• Capability to work independently and meet deadlines in a fast-paced environment.

Roles and Responsibilities

• Initiate and conduct collection efforts to recover outstanding debts from clients.
• Engage in field visits to assess and negotiate with debtors for recovery of dues.
• Analyze client credit profiles and suggest possible risk mitigation measures.
• Work closely with the accounts department to update and manage financial records.
• Implement repayment schedules and follow up diligently on all commitments made.
• Prepare reports on collection activities and provide insight on collection strategies.
• Ensure compliance with company policies and regulatory standards in all collection activities.
• Collaborate with teams across the organization to improve collection processes.