Branch Receivable Officer

We are seeking a highly skilled and experienced Branch Receivable Officer to join our team. The ideal candidate will have a strong background in the BFSI industry, with expertise in managing receivables and collections. This role is crucial for ensuring timely payments from customers, minimizing bad debt, and maintaining the financial health of the branch.

Roles and Responsibilities

• Receivables Management:
• Manage and oversee the branch's receivable portfolio, ensuring timely payments from customers.
• Develop and implement effective strategies to minimize bad debt and improve cash flow.
• Collections & Collaboration:
• Collaborate with the collections team to resolve outstanding issues and reduce delinquencies.
• Build strong relationships with customers, addressing their concerns and resolving disputes promptly.
• Analysis & Compliance:
• Analyze and report on receivable performance metrics, providing insights for improvement.
• Ensure strict compliance with regulatory requirements and internal policies related to receivables.

Job Requirements

• Experience & Knowledge:
• Professional experience in the BFSI industry, with a background in a bank or NBFC setting.
• Strong knowledge of accounting principles, financial regulations, and banking practices.
• Skills:
• Excellent communication, negotiation, and problem-solving skills.
• Strong analytical and reporting skills, with attention to detail and accuracy.
• Proficiency in MS Office and other relevant software applications.
• The ability to work effectively in a fast-paced environment, meeting deadlines and targets.