Manager (Payment Collection/Recovery) for Spinning Mill

Job Description

Title: Manager (Payment Collection/Recovery) for Spinning Mill

Company Name: Israq Spinning Mills Ltd.

Vacancy: 2

Age: 35 to 45 years

Job Location: Dhaka (GULSHAN 2)

Salary: Negotiable

Experience:

• At least 10 years
• The applicants should have experience in the following business area(s): Textile, Spinning

• Bachelor/Honors
• Masters

• At least 10 years
• The applicants should have experience in the following business area(s): Textile, Spinning

• Age 35 to 45 years
• Only Male

• At least 10 years of experience in accounts or payment collection or receivables management.

• Experience in NGOs/ Grameen Bank/Financial Institution, specifically in payment recovery, will be given special preference.

• Must have strong communication and negotiation skills.

• Ability to work under pressure and meet deadlines.

• Experience in ERP software operation will add additional value.

• Computer literacy is essential, especially in MS Excel and Email communication.

• Honest, proactive, and well-organized.

Job Context

Ahmed Group, a reputed name in Bangladesh’s textile industry, is looking for dynamic and experienced professionals for the position of Manager (Payment Collection/Recovery) under the Accounts and Finance Department at Israq Spinning Mills Ltd. The candidate will be responsible for collecting due payments from parties/banks and ensuring smooth cash flow operations.

Job Responsibilities

• Follow up with clients and banks to ensure timely collection of due payments.

• Maintain accurate records of all receivables and collection statuses.

• Visit client offices or banks as required for payment collection purposes.

• Issue receipts and maintain transaction records for collected payments.

• Coordinate with the sales and commercial teams for resolving client payment issues.

• Maintain close liaison with parties to track and collect outstanding payments.

• Ensure all collection documents are processed in accordance with company policies.

• Prepare daily, weekly, and monthly collection reports for management.

• Assist in reconciling client accounts and bank statements related to receivables.

• Escalate overdue or problematic accounts to senior management for necessary action.

• Carry out other duties as assigned by management from time to time.

• Mobile bill
• Lunch Facilities: Partially Subsidize
• Festival Bonus: 2