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Cape Town: Senior Debt Recovery Specialist posted by Hire Resolve

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Job Description

About the Role

A leading Credit Risk Management company is seeking a commercially astute Senior Debt Recovery Specialist to join their team in Cape Town. This role requires a professional with a strong understanding of credit insurance and the ability to provide creative solutions in a fast-moving environment.

Key Responsibilities

  • Proactively recover outstanding debt using various strategic approaches to improve customer cashflow.
  • Provide guidance to the credit risk team and support Credit Risk Advisors.
  • Manage legal files, comply with insurer deadlines, and oversee formal attorney handovers.
  • Contact debtors telephonically to establish payment ability and negotiate settlements.
  • Analyse legal documentation to identify strengths or weaknesses affecting the collection process.
  • Conduct on-site debtor visits and assess the viability of business rescue or liquidation plans.
  • Maintain real-time records in the operating system and produce monthly collection reports for clients.
  • Maintain regular communication with attorneys, credit insurers, liquidators, and clients.

Requirements

  • Possess a BCom or LLB qualification.
  • Demonstrate proficiency in Microsoft Word, Excel, PowerPoint, and Outlook.
  • Apply an understanding of basic accounting principles and annual financial statements.
  • Maintain knowledge of the legal process, including timeframes and operational procedures.
  • Display a functional understanding of business rescue and liquidation processes.
  • Apply an understanding of credit insurance timelines, deadlines, and claim lodgement.

Qualifications

No formal qualifications mentioned in the original job description.

Salary & Benefits

A highly competitive salary for this role based on experience.

How to Apply

Click the green “Go Apply” button below to apply directly online with the employer.

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About Other Finance/Accounting Jobs in Western Cape

In the Western Cape, the finance and accounting profession is a thriving industry with a strong demand for skilled professionals. Typically, the job market trends indicate a steady growth in the need for finance and accounting expertise across various sectors. This is often driven by the increasing importance of financial management, regulatory compliance, and data-driven decision-making in businesses.

When it comes to salaries, it’s common to see broad ranges varying depending on factors like experience, company size, and industry sector. Generally, entry-level positions can expect salaries ranging from R250 000 to R400 000 per annum, while senior roles may command salaries between R600 000 and R1 200 000 or more, depending on the individual’s qualifications and level of expertise.

Common skills required for finance and accounting roles in Western Cape include proficiency in financial software such as QuickBooks, Xero, or SAP; strong analytical and problem-solving skills; excellent communication and interpersonal skills; attention to detail and organisational abilities; knowledge of tax laws and regulations; and experience with budgeting and forecasting tools. Typically, a degree in commerce, accounting, or a related field is also essential.

Industry sectors commonly employing finance and accounting professionals include the financial services sector, technology industry, manufacturing sector, and corporate organisations. These roles often involve providing financial guidance, managing budgets, preparing financial reports, and ensuring compliance with regulatory requirements.

For those looking to advance their careers in finance and accounting, career development opportunities abound. Typically, experienced professionals can move into senior management positions or pursue specialisations like forensic accounting, audit, or financial planning. Others may choose to transition into related fields like business consulting, investment banking, or entrepreneurial ventures. With continuous learning and professional development, finance and accounting professionals in Western Cape can enjoy a rewarding and challenging career with opportunities for growth and advancement.

View Job  Johannesburg: Sale Representative posted by Hire Resolve


This information provides general career guidance. Actual salaries and requirements vary by employer.



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