Jobs
Collections Officer
In the modern business landscape, the role of Collections Officers has never been more pivotal.
As financial accountability becomes paramount, the demand for proficient individuals who can manage, recover, and safeguard an organization’s financial assets grows ever louder.
But let’s delve deeper: What’s truly expected from a Collections Officer?
Whether you are:
A job seeker trying to understand the crux of this role,
A hiring manager delineating the ideal candidate,
Or simply curious about the mechanics of debt collection,
You’re in the right place.
Today, we present a customizable Collections Officer job description template, designed for easy posting on job boards or career sites.
Let’s dive right into it.
Collections Officer Duties and Responsibilities
Collections Officers are vital to organizations as they manage and oversee the collection of financial dues from defaulting client.
They deal with outstanding invoices, negotiate terms of payment, and work towards minimizing the number of unpaid debts.
Their main duties and responsibilities include:
Monitoring accounts to identify overdue payments
Contacting debtors to inquire about their outstanding payments
Negotiating repayment plans with debtors and help them develop budgets they can follow
Receiving and post payments to accounts
Investigating and resolving discrepancies in financial entries, documents, and reports
Updating account status and database regularly
Alerting superiors of debtors unwilling or unable to pay when necessary
Complying with requirements when legal action is unavoidable
Keeping accurate records and reporting on collection activity
Goole is a town, civil parish and inland port located at junction 36 off the M62 via the A614 and approximately 45 miles (72 km) from the North Sea at the confluence of the rivers Don and Ouse in the East Riding of Yorkshire, England, although historically within the West Riding of Yorkshire. Goole lies 19 miles (31 km) south of York and 29 miles (47 km) west of Hull.
According to the 2011 UK census, Goole parish had a population of 19,518,[1] an increase on the 2001 UK census figure of 17,600.[2] The port, which is the UK's furthest inland port, is highly versatile and capable of handling nearly 2 million tonnes of cargo per annum, making it one of the most important ports on the east coast of England.[3]
Goole is twinned with Złotów in Poland. Goole was informally twinned with Gibraltar in the 1960s; at that time, Gibraltar Court was named in Goole and Goole Court was named in Gibraltar.
