Find 43+ Collection and Recoveries Jobs in Colombo on Ikman.lk
Collection and Recoveries jobs in Colombo 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 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. 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.
Frequently asked questions (FAQs)
What types of Collection and Recoveries jobs are available in Colombo?
Collection and Recoveries jobs in Colombo include roles such as
Recovery Officer,
Cash Collector,
Recovery Manager / Assistant Manager, debt recovery officers, accounts receivable specialists, collection executives, and recovery managers. Opportunities exist in banks, microfinance institutions, and corporate finance departments. Job seekers can explore openings on Ikman.lk, and company websites, while also considering finance job opportunities in accounting, auditing, and financial reporting roles.
What qualifications are typically required for Collection and Recoveries careers?
Most roles require a degree in finance, accounting, business administration, or economics. Practical experience in collections, accounts management, or customer service is highly valued. Knowledge of credit evaluation, debt management, and finance processes enhances eligibility for Collection and Recoveries positions and related Accounting & Finance jobs in Colombo.
How can job seekers efficiently find Collection and Recoveries jobs in Colombo?
Candidates can search online portals like Ikman.lk, and company career pages for collection and recovery vacancies. Networking through professional associations, alumni groups, and finance workshops can uncover additional opportunities. Regularly updating CVs and setting up job alerts improves visibility for recruiters and increases chances of securing finance job opportunities like
Recovery Officer,
Cash Collector,
Recovery Manager / Assistant Manager in accounting, auditing, or financial management.
What skills are most valuable for success in Collection and Recoveries roles?
Key skills include negotiation, communication, debt management, and financial analysis. Proficiency in accounting software, Excel, and CRM systems is beneficial. Problem-solving, persistence, and customer service orientation improve competitiveness for Collection and Recoveries positions and related finance careers, ensuring accurate tracking, reporting, and timely resolution of outstanding accounts.
What is the typical salary range for Collection and Recoveries jobs in Colombo?
Salaries vary by role, experience, and organization. Entry-level collection executives may earn around LKR 40,000–70,000 per month, while experienced officers or recovery managers can earn LKR 120,000–200,000. Senior management roles may exceed LKR 250,000 monthly. Exploring finance job opportunities in corporate or banking sectors helps set realistic salary expectations and career progression goals.
What is the best way to apply for Collection and Recoveries vacancies in Colombo?
Applications should include a clear CV and a cover letter highlighting relevant collections, recovery, or finance experience. Submit through Ikman.lk, company websites, or recruitment agencies. Following instructions carefully and preparing for interviews with scenario-based exercises, role-play, or financial case studies improves chances of securing Collection and Recoveries jobs and related finance careers in banking or corporate finance.
