Accounts and Collections Officer

Job Summary

The responsibilities of an Accounts and Collections officer include analyzing all financial activities, ensuring compliance with accounting and legal requirements, and preparing budgets. It also comes with the duty of maintaining good and accurate records of all customers and their respective debts and retrieving those debts in due time.

Key Responsibilities
  • Maintaining and reviewing financial records.
  • Ensuring compliance with accounting and tax laws.
  • Coordinate and procure all internal purchases and track vendors and deliveries.
  • Provide procurement procedures and processes.
  • Conduct Vendor prequalification, due diligence, and post-service evaluation and assessments.
  • Coordinate efforts to collect debts with sales and accounting departments.
  • Create plans and strategies for collecting debts.
  • Adhering to financial laws on the regulation of debt collection.
  • Contact and communicate effectively with debtors by phone to negotiate and implement debt recovery
  • Negotiate settlements to receive payments on certain percentages of debt.
  • Maintain electronic records and hard copies of all payment plans, amounts paid, and communications.
  • Deliver monthly statements of debtors and collection updates to management.
  • Advise on repayment plans that are appropriate for the degree of debt and the circumstances of the
  • When necessary, escalate calls to managers.
  • Entering data and keeping correct debtor records.
  • Work by key performance metrics.
Qualifications & Skills
  • A degree or its equivalent in accounting or similar.
  • At least 1 year’s previous working experience as an Accounting Officer.
  • Knowledge and competency in accounting principles.
  • Proficiency in management systems.
  • Administration skills.
  • Sound interpersonal skills.
  • Proficiency in MS Excel and other accounting softwares.

    Working Hours
    8:00am – 5:00pm

    Date Posted
    April 1, 2024

    Valid Through
    April 30, 2024