Job Detail

Collection Officer

Company: Mo Finance Corporation Ltd
Apply Before: Dec 15, 2024

Job Detail

  • Location:
    Dar es Salaam, Tanzania
  • Company:
  • Type:
    Full Time / Permanent
  • Career Level:
    Mid-Career Professional
  • Positions:
    1
  • Experience:
    3 - 5 Years
  • Education:
    Bachelors
  • Profession:
    Accounting / Finance / Taxation / Auditing
  • Industry:
    Accounting / Finance / Taxation / Auditing
  • Remuneration (Net):
    TZS
  • Date Posted:
    Oct 28, 2024

Job Description

  • Follow-up with overdue customers over the phone, serving notices, and field visits.
  • Organize debtor list according to severity of delinquency, ensure all clients are contacted, and notify reporting manager on difficult accounts.
  • Keep track of assigned accounts to identify outstanding debts, create a list of customers who have not made payments daily, and report.
  • Record new commitment to repay debt, determine if debt can be collected, and accordingly recommend for recovery.
  • Accountable for reducing delinquency for assigned accounts.
  • Perform other assigned tasks and duties necessary to support the Accounts Receivable Department.
  • Providing customer service regarding collection issues, resolving client discrepancies, and short payments.
  • To execute the soft collection process as specified in the credit policy is diligently followed.
  • Preparing restructuring plans for approval and assisting to execute them before a client turns over 90 days past due.
  • Coordinating overall and effective coordination of legal resources, repossession agencies, and resale of assets (on time), and the relevant letters of Demand and Repossession are sent promptly. The repossession process commences as laid down in the manual.
  • Responsible for monitoring and maintaining assigned accounts- Customer calls, account adjustments, and customer reconciliations.

Company Overview

Dar es Salaam, Tanzania

MO Finance Corporation Ltd is a non-deposit taking microfinance institution incorporated under the Companies Act of 2002 and licensed by the Bank of Tanzania under the Microfinance Act 2018 (Cap. 407) and its regulations of 2019. The company opera... Read More

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