Talent.com
Collections Officer

Collections Officer

ConfidentialMadurai, India
9 days ago
Job description

Skills :

Legal Compliance in Debt Recovery, Credit Risk Assessment, Communication Skills, Cash Collection, Payment followup, Field collectiom, Debt Collection, Payment Recovery,

Company Overview

Margadarsi Chit Fund Private Limited, part of the renowned Ramoji Rao Group, has been a leading name in financial services for over 62 years. Known for being one of the most customer-centric and trustworthy financial providers, the company offers a wide range of financial solutions. Operating across Telangana, Andhra Pradesh, Karnataka, and Tamil Nadu, Margadarsi Chit Fund Pvt Ltd. boasts 122 branches and employs between 1,001-5,000 professionals.

Job Overview

We are seeking a motivated Collections Officer to join our team in various locations, including Madurai, Erode, Coimbatore, Tiruppur, Tiruchirappalli, Karur, and Hosur. This is an entry-level, full-time position ideal for freshers eager to build a career in the financial services industry. The role primarily involves managing collection processes and ensuring prompt and effective cash recovery.

Qualifications And Skills

  • Strong communication skills (Mandatory skill) for effective interaction with clients and internal teams, ensuring clear and concise exchanges.
  • Proficiency in cash collection (Mandatory skill) to efficiently manage and process financial transactions on the field.
  • Experience with field collection (Mandatory skill), enabling the candidate to handle in-person negotiations and recoveries.
  • Adept in negotiation techniques to reach mutually beneficial agreements with clients and resolve outstanding debts swiftly.
  • Sound understanding of legal compliance in debt recovery to adhere to relevant laws and avoid any potential legal issues.
  • Competence in credit risk assessment, allowing for accurate evaluation of debtor profiles and implementation of appropriate strategies.
  • Ability to follow up on payments proactively, ensuring timely and consistent recovery of dues from clients.
  • Customer-oriented approach to resolve disputes and maintain client satisfaction while meeting collection targets efficiently.

Roles And Responsibilities

  • Conduct field visits to clients to collect payments and negotiate repayment plans reflecting company's policies.
  • Maintain accurate records of all collections and ensure data is updated timely in the reporting system.
  • Develop effective strategies for dealing with unpaid debts and identify potential risk factors in client accounts.
  • Analyze the debtor's financial situation to set up feasible repayment plans allowing for smooth debt recovery.
  • Work closely with colleagues and provide feedback on collection processes to improve efficiency and effectiveness.
  • Ensure that targets and deadlines are consistently met, while maintaining the integrity and ethical standards of the organization.
  • Additional Requirements

  • Bring 10th, 12th, Degree Certificate, TC, Aadhar, PAN, Bank Passbook, Resume, Photo - 1.
  • Contact Information

    Contact HR : Sakthi.P Ph : 9944839475

    Skills Required

    Cash Collection, Field Collection

    Create a job alert for this search

    Collection Officer • Madurai, India

    Related jobs
    • Promoted
    • New!
    Teamlead Credit Control

    Teamlead Credit Control

    Illusion Dental LaboratoryMadurai, Republic Of India, IN
    Job Title : Team Leader – Credit Control.Working Days : Monday to Saturday.The Team Leader – Credit Control will support the Finance Department by overseeing the day-to-day operations of the credit c...Show moreLast updated: 1 hour ago
    • Promoted
    • New!
    Operations / Compliance

    Operations / Compliance

    Right Returns Financial PlanningMadurai, IN
    The role involves working in execution, reporting and compliance area.It would involve successfully supporting team members as well as clients on the same page on the purpose and process of executi...Show moreLast updated: 22 hours ago
    • Promoted
    • New!
    TeamLead Credit Control

    TeamLead Credit Control

    Illusion Dental LaboratoryMadurai, IN
    Job Title : Team Leader – Credit Control.Working Days : Monday to Saturday.The Team Leader – Credit Control will support the Finance Department by overseeing the day-to-day operations of the credit c...Show moreLast updated: 17 hours ago
    • Promoted
    • New!
    Manager Credit Control

    Manager Credit Control

    Laxmi Dental Limitedmadurai, tamil nadu, in
    Job Title : Manager Credit Control.Years of Experience : 10 years+.Working Days : Monday to Saturday.Our growing company is looking for a Credit Controller to handle credit assessments, decisions and ...Show moreLast updated: 11 hours ago
    • Promoted
    • New!
    Compliance Officer

    Compliance Officer

    InBrok (IFSC) Private LimitedDindigul, IN
    Compliance Officer (CO) – InBrok (IFSC) Private Limited.Department : Compliance & Regulatory Affairs.InBrok is an emerging-market broker-dealer in the IFSC ecosystem, positioned at the intersection ...Show moreLast updated: 18 hours ago
    • Promoted
    MEL Officer

    MEL Officer

    Seeds Trust IndiaDindigul, Republic Of India, IN
    SEEDS Trust (Social Education and Environment Development Scheme Trust) is a non-profit, working for the development of livelihood of forest dependent communities and for the conservation of landsc...Show moreLast updated: 7 days ago
    • Promoted
    Executive Debt Management Services Consumer

    Executive Debt Management Services Consumer

    Bajaj Finance LimitedVirudhunagar, Tamil Nadu, India
    This position is open with Bajaj Finance Anchor : Work Hard - Consistently puts in effort.Execute with Rigor - Takes responsibility for meeting targets with focus and effortOwn It - Maintains honest...Show moreLast updated: 11 days ago
    • Promoted
    • New!
    Record to Report (RTR)

    Record to Report (RTR)

    Narang Staffing SolutionsMadurai, IN
    Job Title : ATL / Record to Report.Fast learner and ability to pick accounting concepts and pronouncements.Ensure investor reporting requirements and debt covenants are reporting accurately and.Prepa...Show moreLast updated: 17 hours ago
    • Promoted
    Project Management Officer

    Project Management Officer

    Estarta SolutionsMadurai, IN
    The ideal candidate will have experience in IT with hands-on involvement or oversight in network migration initiatives.This role is fully remote and requires strong communication skills and the abi...Show moreLast updated: 30+ days ago
    • Promoted
    Customer Service Officer / Sales

    Customer Service Officer / Sales

    EcoOriginMadurai, IN
    We're looking for an extroverted, outspoken salesperson who's confident, assertive, and not easily negotiated down.Engage with potential customers through various channels (phone, email, face-to-fa...Show moreLast updated: 30+ days ago
    • Promoted
    Senior Executive Debt Management Services Settlement and Waiver Unit

    Senior Executive Debt Management Services Settlement and Waiver Unit

    Bajaj Finance LimitedMadurai, Tamil Nadu, India
    This position is open with Bajaj Finance ltd.ХTo achieve collection targets.ХFocus on PL roll back cases & target achievement in PL roll back. ХEnsuring audit queries are complied with.ХEnsuring...Show moreLast updated: 30+ days ago
    • Promoted
    • New!
    Zonal Credit Manager

    Zonal Credit Manager

    Green Start Management ConsultancyMadurai, IN
    Zonal Manager – Credit Affordable Home Loans(ticket size 5-25 lakhs).Must have led a team of at least 30 members.The role covers customers with documented and undocumented income profiles within th...Show moreLast updated: 18 hours ago
    • Promoted
    • New!
    Credit Analyst

    Credit Analyst

    Discoveries QuintessentialDindigul, IN
    Credit & CMA Analyst – Bank Finance Division.To support the Bank Finance Arranger division by preparing client profiles, understanding business models, creating CMA data, ratio analysis, and handli...Show moreLast updated: 18 hours ago
    • Promoted
    Accounts Receivable Manager

    Accounts Receivable Manager

    HireGenie | Finance Recruitment ExpertMadurai, IN
    Accounts Receivable Manager - Remote.We are seeking a highly skilled.The ideal candidate will possess deep expertise in managing global receivables, credit risk assessment, revenue reconciliation, ...Show moreLast updated: 30+ days ago
    • Promoted
    Oracle Fusion Financials

    Oracle Fusion Financials

    Tata Consultancy ServicesDindigul, IN
    Greetings from Tata Consultancy Services !!!.Hiring For : Oracle Fusion Financials.Location : Bangalore, Hyderabad.Mode Of Interview : Virtual Interview. Oracle Finance cloud (AP,AR & GL) Cloud Functio...Show moreLast updated: 2 days ago
    • Promoted
    • New!
    Purchase & Stores Head

    Purchase & Stores Head

    SUYOG RUBBER (India) PVT. LTD.Madurai, IN
    OEM supplier of high-quality automobile rubber parts, including mountings, suspension bushes, dampers, transmission parts, and components for the agricultural sector. Certified under ISO 9001 : 2000 b...Show moreLast updated: 17 hours ago
    • Promoted
    • New!
    Project Management Officer

    Project Management Officer

    CoforgeMadurai, IN
    We are seeking a detail-oriented and strategic PMO Lead to oversee project governance, financial tracking, and compliance with contractual obligations. The ideal candidate will ensure projects are d...Show moreLast updated: 18 hours ago
    • Promoted
    Monitoring Evaluation & Learning Officer

    Monitoring Evaluation & Learning Officer

    Seeds Trust IndiaDindigul, Tamil Nadu, India
    SEEDS Trust (Social Education and Environment Development Scheme Trust) is a non-profit, working for the development of livelihood of forest dependent communities and for the conservation of landsc...Show moreLast updated: 7 days ago