Debt Recovery Officer at VDT Communications Limited

VDT Communications Limited - We operate one of the most advanced and reliable communication networks in the country with a broad product suite backed by trustworthy, dependable customer service.

We are recruiting to fill the position below:

Job Title: Debt Recovery Officer

Location: Ikoyi, Lagos
Employment Type: Full-time

Job Summary

• We are looking for outstanding Debt Recovery Officer Officer to assist in managing and recovering outstanding debts from customers or clients. 
• The role requires a proactive and methodical approach to ensure timely and efficient recovery of overdue payments.

Key Responsibilities

• Monitor and review accounts to identify overdue payments
• Initiate debt recovery procedures and apply legal regulations where necessary
• Actively pursue overdue payments from customers, clients, or businesses using various communication channels such as phone calls, emails, and letters.
• Engage with debtors to negotiate payment terms that are mutually beneficial and ensure prompt recovery of funds
• Propose payment arrangements, such as installment plans, that align with company policies and customer circumstances
• Prepare regular reports on recovery performance, including debt aging reports and recovery progress
• Monitor and meet individual and team collection targets, ensuring timely recovery of debts
• Update and manage the debtors’ database to track the progress of each account
• Maintain accurate and up to-date records of all communication and transactions with debtors.
• Ensure all documentation, such as payment agreements and communication logs, are filed properly.

Requirements

• Bachelor’s Degree in Accounting, Business Management, or a similar field.
• Previous experience working as a Debt Recovery Officer.
• Ability to identify problems and propose appropriate solutions to ensure prompt debt recovery.
• Excellent negotiating skills.
• Good written and verbal communication skills.
• Knowledge of office and accounting software i.e Sage

Salary
N150,000 - N200,000 Month

Benefits:

• Subsidy allowance
• 13th month etc.

Application Closing Date
15th April, 2025.

How to Apply
Interested and qualified candidates should send their Applications to: recruitment@vdtcomms.com using the Job Title as the subject of the email.