Debt Management Officer at Gusii Water and Sanitation Company Limited (GWASCO)

• Plan and implement collection strategies and make recommendations on new techniques of collection to reduce bad debts.
• Establish controls to ensure compliance with corporate policies and maintenance of necessary books of accounts, meeting time and accuracy norms and preparing reconciliations as required.
• Prepare bad debt reports and draw these to the attention of the management with recommendations on actions to take to minimise risk.
• Manage debtor's accounts accurately by issuing statements on time, reconciling issues effectively and preparing and submitting the debtor's aging lists in a timely and accurate manner.
• Maintain and update appropriate records of bad debts and collections on a regular basis.
• Establish and manage commercial arrangements with third parties for the recovery of bad debt,
• Contact/ visit customers with outstanding accounts to collect outstanding monies and minimise loss.
• Issue demand and reminder letters to customers with overdue accounts and maintain all debtor correspondence; initiate and follow through legal proceedings in line with GWASCO's policy.
• Manage, lead and develop staff to ensure efficiency in delivery of work duties and hence a greater achievement rate.
• Monitor and report on slow moving accounts to identify delinquent debts and take necessary action to recover the debts.

• Bachelor's degree in Accounting, Finance, Economics, or any related field
• CPA-2
• Post graduate qualification or training in Debt Management, Credit Control or other related subject
• At least Five (5) years' experience

• 3 Years contract

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