Job Objective
- Ensure debts of Industrial & Commercial customers are secured by coordinating and obtaining Security Deposits from customers periodically.
- Follow up for outstanding amounts from Domestic, Commercial & Industrial customers who have been disconnected due to non-payment.
- Liaise with the legal department for all related cases, attend hearings along with legal representatives, and represent the company in court as required.
Functional Competencies
Essential Competencies
Expertise in Collection & Recovery within large utility industries, preferably Oil & Gas.Knowledge of Risk Mitigation and Credit Management.Understanding of relevant systems and processes.Experience working with outsourced teams.Desired Competencies
Experience in customer-related field activities.Proficiency in MS Office and SAP-ISU module.Knowledge of Letters of Credit (L / C), Bank Guarantees (BG), and related banking activities.Experience in handling legal matters.Behavioural Competencies
Customer Focus.Planning and Organizing.Networking and Relationship Building.Strategic Thinking.Experience & Educational Requirements
Educational qualification : CA / ICWA / MBA Finance / LLB.Minimum 8 years of experience in debt collection and handling legal cases.Communication Interfaces
External :
Customers, Marketing, Banks.Internal :
Operations & Maintenance, Collection & Recovery Agencies, Legal, Finance.Key Responsibilities & Accountabilities
HSE :
Participate in scheduled HSE trainings.Ensure compliance with safety procedures and promote zero injuries.Report near misses and provide safety suggestions.Customer Relationship Management :
Coordinate with customers politely and maintain good relationships.Resolve customer issues by liaising with inter-department teams.Collect dues and ensure timely renewal of L / C and BG.Security Deposit Management :
Reconcile amounts recoverable from customers for security deposit shortfalls.Issue formal demand letters and ensure delivery acknowledgment.Follow up persistently for recovery of shortfall amounts.Coordinate with banks and update SAP on receipt of security deposits.Issue disconnection notices if deposits are not received after demand.Coordinate with O&M for disconnection in case of non-payment post expiry of notice period.Legal Matters :
Attend to all legal cases related to Revenue & Taxation department.Provide required information to legal department promptly.Monitor pending cases under Section 138, pursue collection and ensure closure.File cases via Lok Adalat and work toward settlement and closure.Locate customers to facilitate settlement and avoid delays.Collections & Overdue Recovery :
Follow up with temporarily disconnected customers for payments.Conduct personal visits to government institutions, maintaining relationships for timely recovery.Issue reminder letters via appointed agencies.Monitor and follow up daily collections by agencies.Coordinate with customers to resolve issues.Work with O&M for reconnection post receipt of dues.MIS Reports & Documentation :
Safekeeping of original Letters of Credit and Bank Guarantees.Maintain proper filing and numbering of legal cases.Ensure documentation for easy retrieval.Manage SAP reporting and MIS on collections and outstanding amounts.Prepare any other MIS and reports as requested by managementSkills Required
Risk Mitigation, Credit Management, Customer Relationship Management