Collection and Recoveries Jobs in Colombo 5

Find Collection and Recoveries Jobs in Colombo 5 on Ikman.lk

Collection and Recoveries jobs in Colombo 5 play an important role in supporting financial institutions, microfinance companies, and businesses that provide credit services. These jobs ensure that organizations maintain healthy cash flow by collecting outstanding payments and minimizing financial risks. On Ikman jobs, job seekers can easily explore Collection and Recoveries job vacancies across the country, whether in banking, finance, or private companies. A career in Collection and Recoveries jobs offers stability, professional growth, and valuable experience in financial management.

Roles and Responsibilities in Collection and Recoveries Jobs

Professionals working in Collection and Recoveries are responsible for managing overdue payments, communicating with clients, and maintaining strong customer relationships. Their work is essential to ensuring that businesses recover funds efficiently while also handling customers with professionalism. Key responsibilities include:

• Following up with customers to collect overdue payments.
• Negotiating repayment plans and settlement agreements.
• Maintaining accurate records of all collections activities.
• Visiting clients when necessary to discuss recovery arrangements.
• Working closely with internal teams to track outstanding dues.
• Ensuring compliance with company policies and legal requirements during recovery processes.

Eligibility and Required Skills for Collection and Recoveries Jobs

Most Collection and Recoveries jobs in Colombo 5 are open to candidates with basic educational qualifications, though higher roles may require more experience in finance or banking. Employers look for professionals who are disciplined, persuasive, and skilled in handling financial discussions. Essential qualifications and skills include:

• Minimum GCE O/L or A/L qualifications, depending on the role.
• Strong communication and negotiation skills in Sinhala, Tamil, or English.
• Ability to manage customer relationships in a professional and respectful manner.
• Knowledge of basic accounting and finance principles is an added advantage.
• Strong problem-solving ability and attention to detail.
• Experience in banking, microfinance, or customer service is preferred for senior roles.

Job Roles and Career Path in Collection and Recoveries Jobs

A career in Collection and Recoveries jobs can begin at an entry-level position and progress to senior management roles. Professionals who gain experience in this sector often build strong expertise in finance, customer service, and risk management. Common job roles in this category include:

• Cash Collector – Responsible for visiting clients and collecting pending cash payments.
• Other Collection and Recovery – Handles various recovery-related tasks based on company needs.
• Recovery Manager / Assistant Manager – Oversees a recovery team, sets targets, and ensures compliance.
• Recovery Officer – Manages day-to-day recovery operations and negotiates payment arrangements with clients.

With time, professionals can advance into roles like Senior Recovery Manager or Head of Collections, or even move into other areas of banking and financial services where collection experience is highly valued.

Start Your Career in Collection and Recoveries Jobs on Ikman.lk

If you are looking for a career in Collection and Recoveries jobs, Ikman.lk makes it easy to find the latest job vacancies across Colombo 5. Whether you are starting as a Cash Collector or aiming for a managerial position, there are opportunities to grow and build a strong career in finance. Explore Collection and Recoveries job vacancies today on Ikman jobs and take your next step toward a rewarding future.