Ensure core areas pertaining to debt control are managed timely and appropriately
a) improve recovery of debts/collection b) manage unmatched receipts & unmatched items (aka open items) c) enforce necessary control/enforcement on the credit terms d) monitoring and tracking of debt/collection e) Ensure problems (including processing issues) that are related to the front-end systems which have an impact on collections are looked into and addressed by working together with the respective system/process owners f) Main coordinator and secretary to the Collection Committee g) Provide support to the various business units and branches on matters related to credit control and collections * Manages provision for doubtful debts & bad debts write-off (by providing recommendation and analysis only)
Reporting (related to Credit Control functions only, e.g. ageing, regional hit list, impairment analysis, etc) - ensure internal & external reporting (to Regional, BNM, Board, Management, producers, etc) as well as reconciliation (between sub-ledger and GL, between third party and sub ledger, etc) are performed accurately and in timely manner.
Handles all agency (and other producers ) related matters including but not limited to receipting, premiums refund, commission payments, agents' tax returns, creation of new producers' codes, etc
Develop multi-tasking team for better back-ups and ensure adequate support at all times, staff coaching and people management
Liaise with Auditors/BNM/PIAM/Statutory Bodies
Any other duties assigned by the Management
Qualifications
Good communication skill, analytical mind and strong in MS excel
At least 5 years in credit control, preferably from insurance industry
Preferably a degree in Finance/Accountancy
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