Technical Skills
- Proficient in Microsoft Excel (data analysis, pivot tables, VLOOKUP, and formula creation)
- Advanced knowledge of Microsoft Word (document preparation, reporting, and formatting)
- Experience with credit management software
- Skilled in data reconciliation and financial reporting
- Strong understanding of accounting principles related to collections and write-offs
Collection & Debt Management Skills
- Expertise in reducing aged debts through effective collection strategies
- Knowledge of credit risk assessment and analysis
- Proficient in handling account write-offs and bad debt recovery
- Ability to negotiate and resolve disputes to ensure timely payments
- Experienced in monitoring credit limits and enforcing credit policies
Analytical and Problem-Solving Skills
- Strong analytical skills for assessing debtor accounts and identifying payment trends
- Experience in creating reports to track key performance indicators (KPIs) such as DSO (Days Sales Outstanding)
- Ability to identify root causes of overdue payments and implement preventive measures
- Skilled in developing and streamlining collection processes to improve efficiency
Communication and Interpersonal Skills
- Excellent communication skills for liaising with clients and internal departments
- Proficient in drafting professional correspondence and collection letters
- Strong negotiation skills to resolve payment issues amicably
- Adept at building and maintaining positive relationships with clients