Commercial Debt Recovery Specialist | Bedfordview | Permanent
Join a leading organization in the financial services sector, where your expertise in commercial debt recovery will directly impact business stability and growth. This is an excellent opportunity for a dedicated professional looking to make a tangible difference within a dynamic team focused on excellence and integrity.
Duties:
Manage a portfolio of commercial and corporate debtors, including SMEs, private companies, close corporations, partnerships, trusts and larger corporate entities
Drive recovery of high-value, aged, disputed and difficult-to-recover accounts
Develop account-specific recovery strategies based on debtor circumstances, account history, risk and documentation
Negotiate settlements, acknowledgements of debt and structured repayment arrangements within approved authority
Monitor payment commitments and take decisive action where arrangements are not honoured
Reconcile disputed accounts and coordinate resolution of legitimate queries affecting recovery
Manage pre-legal, hard collections and legal recovery matters
Assess accounts for legal escalation and prepare complete legal handover packs
Liaise with attorneys, sheriffs, liquidators, trustees, business rescue practitioners and other recovery stakeholders
Monitor litigation, judgments, enforcement actions and claims in liquidation, insolvency and business rescue proceedings
Identify accounts approaching prescription and escalate appropriately
Conduct debtor tracing and commercial investigations using authorised systems, CIPC records, credit bureau information and tracing tools
Investigate debtor trading status, ownership structures, directorships, addresses, assets and related entities
Analyse financial statements, bank statements, payment history and other data to assess collectability
Prioritise accounts according to value, ageing, risk, prescription exposure and recovery potential
Maintain accurate collection records, forecasts, portfolio reports and audit trails
Ensure all recovery activities comply with relevant legislation, contractual requirements, company policies and approved mandates
Requirements:
Grade 12/Matric
Registration with the Council for Debt Collectors
At least five years' experience in commercial or B2B debt collection
Proven experience managing high-value, aged and complex debtor portfolios
Strong negotiation and management skills
Proficiency in Excel
Familiarity with the following:
Commercial tracing tools and credit bureau information
Legal processes related to debt recovery
What We'll Give You:
The opportunity to work on a challenging and rewarding portfolio
A supportive work environment committed to professional growth
Competitive remuneration (salary details not disclosed)
Seize this opportunity to elevate your career in debt recovery. Apply now to make a significant impact with a forward-thinking organization.