- Monitor and analyze overdue Debtor accounts.
- Accept, monitor and report on arrangements made with ratepayers/debtors for outstanding debts.
- Determine the appropriate recovery action and refer matters to debt collection agency where necessary.
- Liaise with debt collection agency regarding debts until finalized.
- Reconcile outstanding debts and raise associated costs in regards to debt recovery action.
- Recommend changes and continual improvement to debt recovery procedures to ensure a fair and equitable approach.
- Prepare and issue correspondence in relation to debt recovery proceedings.
- Provide daily payment reports to debt collection agency.
- Provide advice to ratepayers to help negotiate a reduction in any amounts owing.
- Liaise with primary courts for necessary legal proceeding to the debtor
- Telephone contact with ratepayers/debtors who are above 60days where appropriate.
- Investigation and allocation of unidentified and lost payments.
- Review delinquency report especially for loans above 60days if the delinquency escalation process is been done in a manner to allow debt collection actions to take place
- Monitor and collect written off loans
- Provide daily, weekly and monthly recovery report to the Regional Recovery Officer
EDUCATION AND / EXPERIENCE:
- Have a diploma or Degree in any discipline of study
- Understanding of legal processes in relation to debt recovery
- Understanding of credit policy and procedure
HOW TO APPLY
Please apply using this Link>>https://www.finca.co.tz/jobs/recovery-intern/
