JOB TITLE: Debt Collection Officer
REPORTS TO TITLE: Debt Collection Manager
BUSINESS FUNCTION/ SUB-FUNCTION: Finance
LOCATION: Leeds
ROLE PURPOSE:
The Debt Collection Officer reports to the Debt Collection Manager and is responsible for the timely collection of overdue tuition fees from self-funding students and partner universities. Providing advice and guidance to assist students settle fees and simultaneously delivering a quality student service support. To proactively manage the debtors’ ledger, reducing the number of overdue accounts and maximising payments and minimising debt.
ROLE and RESPONSIBILITIES:
Chase self-funding students who are behind their payment terms or ensure that agreed payment plan are being paid on time
Chase students with declined tuition fees, encourage them to self-fund and negotiate a suitable payment plan
Assist students in resolving their queries by liaising to the Finance Support Team or other GBS teams or departments
Ensure accurate note keeping and records maintenance in GBS systems in a timely manner
Upload and update data to the relevant systems where debt penalties are in place
Follow-up and monitor the payments expected to be received
Monitor and reconcile payments with partner universities
Monitor the debtors’ report and escalate any issues of non-payment to the Debt Collection Manager
Other duties required by the manager
ESSENTIAL SKILLS and EXPERIENCE:
Experience working in finance operations and AR
A high degree of computer literacy (particularly Microsoft Office applications)
Expert in MS Excel and pivot tables
Effective time management and planning
Ability to work independently and strong communication skills
Excellent written and verbal communication skills
Strong decision making and problem-solving skills
DESIRABLE SKILLS and EXPERIENCE:
Credit Control experience and working knowledge of recovery guidelines
Degree level qualification
HEI finance experience and background
OTHER INFORMATION:
The Debt Collection Officer will also be expected to demonstrate their commitment:
to GBS values and regulations, including equal opportunities policy.
to GBS’s Social, Economic and Environmental responsibilities and minimise environmental impact in the performance of the role and actively contribute to the delivery of GBS’s Environmental Policy.
to their Health and Safety responsibilities to ensure their contribution to a safe and secure working environment for staff, students, and other visitors to the campus.
This job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee. Other duties, responsibilities and activities may change or be assigned