Recovery Manager (India)

Recovery Manager (India)

03 Aug
|
Tarun Bharat Daily
|
India

03 Aug

Tarun Bharat Daily

India

We requires a very senior skilled — someone with 15 to 20 years of experience in the recovery department. Typically, such a role would be positioned at a senior leadership level in banks, NBFCs, where recovery of loans, debts, or assets is critical.

Roles & Responsibilities:

1. Recovery & Debt Collection
○ Monitor and recover outstanding advertisement payments.

○Coordinate with local authorities, agencies, and stakeholders to ensure smooth recovery operations.

○ Follow up with clients via Personnel visit make calls, emails, and send legal notices.

○ Implement collection strategies to reduce aged receivables.

○ Negotiate payment plans with defaulting clients.
2. Client Relationship Management

○ Maintain professional relationships with advertisers while ensuring payment compliance as per company norms.

○ Resolve disputes or billing discrepancies timely.

○Handling of Government Advertisement Recovery

3. Co-ordination with Internal Teams

○ Coordinate with finance and sales, Legal teams to ensure accurate billing.

○ Ensure correct invoicing and documentation.

○ Track and report outstanding receivables.
4. Legal & Compliance Follow-up





○ Take care Initiate legal procedures for long-overdue accounts when necessary.

○ Ensure adherence to company credit and recovery policies.

5. Reporting & Documentation

○ Maintain daily/weekly/monthly reports on outstanding recoveries.

○ Present monthly recovery status reports for management.

○ Submitting a Team Employee Daily Recovery Work Report to the MIS.

○ Maintain daily and monthly report cards for the Recovery team.

○ Regularly assess team performance and provide feedback for improvement

6. Documentation

○ Ensure proper documentation of all recovery communications.

○ Archive payment records and recovery status systematically.

7. Team Size Optimization & Cost Control
○ Evaluate the team’s performance regularly and maintain an optimal team size to ensure cost-effectiveness.

○ Recommend hiring or releasing staff based on workload, performance, and departmental goals.

Job Types: Full-time, Permanent

Pay: ₹45,000.00 - ₹50,000.00 per month

Benefits:

- Cell phone reimbursement
- Health insurance
- Provident Fund

Work Location: In person

📌 Recovery Manager (India)
🏢 Tarun Bharat Daily
📍 India

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