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Open nowPosted 325 days ago

Collection Executive

iaceiz.fa.ocs.oraclecloud.com/CX_11,892 open roles

Where
Sonipat, Haryana, India
Work mode
On site
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Your applicationOpen nowCollection Executiveiaceiz.fa.ocs.oraclecloud.com/CX_1 · Sonipat, Haryana, India
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Early applications get read.

12.3% of postings close within 7 days. Measured by our own scanner across the market. iaceiz.fa.ocs.oraclecloud.com/CX_1 postings stay open a median of 2 days.

Share of postings closed within
  1. 2.1%1 day
  2. 4.5%3 days
  3. 12.3%7 days
  4. 19.3%14 days
  5. 35.6%30 days
  6. 57.8%60 days
This job: posted 325 days ago

iaceiz.fa.ocs.oraclecloud.com/CX_1 median: 2 days open

The posting

Job Description

As a Collection Executive, you will play a crucial role in our organization's financial operations. Your primary responsibility will be to oversee the collection process, ensuring that payments are received promptly and accurately. You will act as a liaison between the company and its customers, providing excellent customer service and resolving any payment-related issues. This role requires strong organizational skills, attention to detail, and the ability to work independently.

Responsibilities

  • Manage a portfolio of customer accounts, ensuring timely and accurate collection of payments.
  • Contact customers via phone, email, or in-person meetings to discuss payment arrangements and resolve outstanding balances.
  • Negotiate and agree on payment plans with customers, considering their financial situations and the company's interests.
  • Maintain accurate records of all collection activities, including documentation of customer interactions and payment transactions.
  • Identify and escalate potential bad debts or high-risk accounts to the appropriate team or department for further action.
  • Collaborate with the accounting team to ensure accurate and timely posting of payments to customer accounts.
  • Provide regular reports and updates on collection activities, including aging reports and collection performance metrics.
  • Stay updated on industry trends and best practices in collections, implementing new strategies to improve efficiency and effectiveness.
  • Maintain a professional and courteous demeanor when interacting with customers, representing the company's brand and values.
  • Assist in training and mentoring new collection team members, sharing your expertise and best practices.

Qualifications

  • High school diploma or equivalent; college degree in business, finance, or a related field is preferred.
  • Minimum of 2 years of experience in a collections or customer service role, preferably in a financial services or debt collection environment.
  • Strong communication and interpersonal skills, with the ability to build rapport and negotiate effectively.
  • Excellent organizational skills and attention to detail, ensuring accurate record-keeping and timely follow-ups.
  • Proficiency in Microsoft Office suite, particularly Excel, for data analysis and reporting.
  • Familiarity with collections software or CRM systems is an asset.
  • Ability to work independently and manage a high volume of accounts with minimal supervision.
  • Strong problem-solving skills and a customer-centric approach to resolving payment issues.
  • Flexibility to adapt to changing work priorities and a dynamic work environment.
  • Professional conduct and a commitment to maintaining the highest ethical standards in collections practices.

About Us

Digitide started with a simple vision: to transform business operations and drive growth for enterprises across the globe.

For over 20 years, we’ve been at the forefront of this mission, creating lasting impact through AI-led digital solutions, smart business processes, and deep industry expertise. Our journey began as a partner to businesses looking to enhance operational efficiency and customer experiences. By combining the power of AI, data intelligence, and business process services, we’ve been able to help our customers master the digital age and stay ahead of the curve.

With a global presence across 40 locations in 5 countries and a team of 55,000 dedicated associates, we deliver transformative solutions that help businesses adapt, evolve, and thrive in a constantly changing world. We’re more than just a service provider we’re a committed partner driving meaningful impact every day. We leverage global expertise and local insights to help customers navigate challenges and seize new opportunities. With a focus on innovation, collaboration, and results, we continue to pave the way for the future of business.

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