Jr. Executive/ Executive- Credit Collection & Recovery

Job Description

Title: Jr. Executive/ Executive- Credit Collection & Recovery

Company Name: Aftab Bahumukhi Farms Ltd.

Vacancy: 1

Age: 27 to 35 years

Job Location: Dhaka

Salary: Negotiable

Experience:

• 2 to 3 years
• The applicants should have experience in the following business area(s): Agro based firms (incl. Agro Processing/Seed/GM), Poultry, Fisheries, Farming, Livestock, Animal/Plant Breeding, Hatchery

• Bachelor of Business Administration (BBA)
• Master of Business Administration (MBA)

• 2 to 3 years
• The applicants should have experience in the following business area(s): Agro based firms (incl. Agro Processing/Seed/GM), Poultry, Fisheries, Farming, Livestock, Animal/Plant Breeding, Hatchery

• Age 27 to 35 years
• Only Male

• Contact customers with overdue accounts and negotiate reasonable repayment schedules based on their financial circumstances and outstanding amounts.

• Send payment reminders to customers with overdue balances and conduct regular follow-ups until the outstanding debt is recovered.

•   Negotiate settlements, repayment arrangements, and payment plans in accordance with company policies and in the best interests of the organization.

•  Regularly review overdue accounts and ensure that customer records, outstanding balances, payment history, and recovery status are accurate and up to date.

•  Monitor agreed repayment schedules and follow up with customers to ensure payments are made on time.

• Maintain proper documentation of payment arrangements, cheque details, deeds, agreements, settlements, and other relevant recovery documents.

• Where normal recovery efforts through communication and negotiation are unsuccessful, refer cases to the Legal Department for further action in accordance with company policy.

• Support legal proceedings for recovery of outstanding credit, including preparation of relevant documents, filing of claims, and coordination with internal or external legal counsel.

•  Where applicable, initiate or support legal action under the Negotiable Instruments Act and act as the company's authorized representative/plaintiff in such proceedings, in accordance with applicable law and company authorization.

•   Maintain accurate and updated customer and collection records in the company's system, including current payment status and recovery actions taken.

• Prepare regular collection reports and provide updates to senior management regarding overdue accounts, recovery progress, settlements, and outstanding cases.

• Coordinate with Sales, Accounts/Finance, Legal, and other relevant departments to resolve overdue payment and collection-related issues.

• T/A,Provident fund,Mobile bill,Gratuity
• Salary Review: Yearly
• Festival Bonus: 2