Company Overview

Margadarsi Chit Fund Pvt Ltd., part of the Ramoji Rao Group, is a highly trusted financial services provider with over 62 years of experience. Known for customer-centric and diversified financial solutions, the company operates 122 branches across Telangana, Andhra Pradesh, Karnataka, and Tamil Nadu. Headquartered in Hyderabad, Margadarsi is a significant player in the financial services industry with a workforce ranging from 1,001-5,000 employees. For more information, visit www.margadarsi.com.

Job Overview

The Field Collection Executive position at Margadarsi Chit Fund Pvt Ltd. is a full-time role open to freshers who will be based in Chennai or Coimbatore. This position requires enthusiastic individuals with excellent communication and payment collection skills. As a Fresher in this role, you will be instrumental in the efficient recovery of debts, maintaining customer relations, and supporting financial operations within the company.

Contact Information

Contact HR Nithyasree: 9790098461

Qualifications and Skills

• Debt recovery strategies are a mandatory skill, essential for successfully negotiating and recovering outstanding amounts from clients.
• Strong communication skills are mandatory to effectively convey information and maintain positive relations with clients.
• Payment collection skills are a mandatory requirement to ensure prompt and efficient retrieval of owed monies from customers.
• Negotiation skills are required to facilitate discussions and reach favorable agreements with customers regarding dues.
• Confident conflict resolution capabilities are required to handle disputes and misunderstandings calmly and professionally.
• A well-organized approach to route planning is necessary to optimize travel and efficiently manage time in the field.
• Knowledge in basic financial analysis is required to understand client accounts and assess suitable collection strategies.
• An ability to build and sustain trust with clients is essential to foster lasting professional relationships.

Roles and Responsibilities

• Conduct field visits to clients to discuss and negotiate the settlement of outstanding dues.
• Apply debt recovery strategies to maintain efficient collection processes and manage defaulters.
• Manage day-to-day collections from clients while ensuring receipt documentation is accurate and secure.
• Maintain accurate records of interactions and payments for all assigned clients and report daily to supervisors.
• Collaborate with the financial department to reconcile collected payments and account statements.
• Utilize effective communication and conflict resolution skills to resolve client payment issues courteously.
• Plan and optimize travel routes to maximize efficiency and reduce operational costs.