Head, Debt Recovery at Benin Electricity Distribution Plc (BEDC)

Benin Electricity Distribution Plc (BEDC) is one of the successor distribution companies (Discos) created following the unbundling and privatization of the state-owned Power Utility, Power Holding Company of Nigeria Plc. BEDC is responsible for retail distribution of electricity in Delta, Edo, Ekiti, and Ondo States with geographical coverage of 55,770 square kilometers. The company operates from twenty five (25) business districts with approximately 350 offices located across the four (4) states with about 13 million people and about 4 million households.

We are recruiting to fill the position below:

Job Title: Head, Debt Recovery

Locations: Delta, Edo, Ekiti and Ondo
Employment Type: Full-time

Responsibilities

• Achieve assigned debt recovery targets and contribute to the organization’s financial performance.
• Keeping track of all outstanding debts
• Planning a course of action to recover all outstanding debts
• Liaise with approved debt recovery agents
• Negotiate payoff deadlines or payment plans
• Handle questions or complaints
• Investigate and resolve discrepancies.
• Create trust relationships with debtors, when possible, to avoid future issues.
• Update account status and database regularly.
• Comply with requirements when legal action is unavoidable.
• Develop policies, procedures, and guidelines governing debt recovery activities
• Provide technical and strategic advice about debt collection services and procedures, both externally and internally
• Maintain high standards of financial management and record keeping
• To achieve financial objectives including cash collection and billing.

Requirements

• First Degree in Finance, Business Administration or relevant field;
• MSc / MBA is an added advantage.
• At least 5 years of experience in a similar role
• Additional professional certifications will be an added advantage
• Proven knowledge of relevant legal requirements
• Proficiency in Microsoft Office applications
• Excellent negotiation and persuasion skills
• Excellent interpersonal and communication skills
• Strategic thinker and problem solver
• Must be numerically savvy, and able to work with large data.

Application Closing Date
25th June, 2023.

Method of Application
Interested and qualified candidates should send a copy of their recent CV to: careers@beninelectric.com using the Job Title as the subject of the mail.