Collection Executive

2 weeks ago


Kuala Lumpur, Kuala Lumpur, Malaysia HARMONY GLOBAL VENTURES SDN BHD Full time
1) Purpose

  • The provides guidelines and requirements to achieve prompt collection of all sums of money due and overdue, whilst ensuring that a fair, and consistent approach is taken for recovery of sums that are not paid when due or overdue.
  • To provides the regulations, policy and procedures that needed in the loan collection process which must conform to Hire-Purchase Act 1967.
2) Scope


Collection process
  • For prompt payment


Collection process
  • For due or overdue payment (with or without the repossession procedures)
  • Fully / early settlement process
3) Activities

a) Collection process - Prompt payment

  • Receive of payment advice / bank in slip
  • Check with finance department for payment received
  • Update the payments in the system whenever there is payment from borrower
- update and do weekly collection report for meeting

  • Filling of payment advice / bank in slip
b) Collection process
  • For due or overdue payment (with or without the repossession procedures)
  • Generate listing
  • Blasting text message (Reminder for instalment payment)
  • First reminder send on due date
  • Follow up the payment
  • Issuance of fourth schedule (First notice)
  • Issuance of second schedule of fourth schedule
  • Repossession of the vehicle
  • Issuance of fifth schedule
  • Notice for disposal of vehicle
  • Selling off the vehicle
  • Legal Action (liase with lawyer)
c) Full / early settlement process

  • Letter / request received from hirer for earl / full settlement
  • Issuance of reply letter to hirer for the calculation of outstanding amounts
  • Received of payment advise / bank in slip
  • Check with finance department for payment received
  • Update the payments in the system and weekly collection report
  • Cancel E-Hak Milik status and release original car registration card
  • Filling of payment advice / bank in slip
Others

  • Login system money lending software for money lending & Hire purchase
  • Login Insurance Lonpac / Alliance system for quotation and submission for Road tax & car Insurance for Hirer or Customer
  • Login CTOS / RAMCI for update record customer
  • Follow up with Repossesses for repossession collection car
  • Adhoc:
- others filling & scanning, admin job, courier/ post documents

Pay:
RM2, RM3,000.00 per month

Schedule:

  • Monday to Friday

License/Certification:

  • Accounting Diploma/Degree (preferred)


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