Job Summary

Faisalabad Industrial Estate Development and Management Company (FIEDMC), a leading entity in promoting industrial growth in Punjab, is seeking a proactive and results-oriented professional for the position of Assistant Manager Recovery. The ideal candidate will play a crucial role in managing and recovering outstanding dues, ensuring the financial health and sustainability of the company's operations. This is an excellent opportunity for a dedicated individual to contribute to a key organization in Pakistan's industrial sector.

Key Responsibilities

• Develop, implement, and monitor effective strategies for the recovery of outstanding receivables.
• Conduct regular follow-ups with clients and tenants regarding overdue payments through correspondence, calls, and meetings.
• Maintain and update accurate records of all recovery activities, communications, and payment plans.
• Prepare periodic reports on the status of receivables and recovery efforts for senior management.
• Negotiate settlement agreements and payment schedules with defaulters in accordance with company policy.
• Coordinate with the legal department for initiating legal proceedings in cases of persistent default.
• Ensure all recovery processes comply with legal regulations and internal company policies.

Qualifications & Experience

• Bachelor's or Master's degree in Finance, Accounting, Business Administration, or a related field from an HEC-recognized institution.
• Minimum of 3-5 years of proven experience in debt recovery, credit control, or a similar role, preferably within a corporate or public sector environment.
• Strong understanding of financial principles, credit policies, and recovery procedures.
• Excellent negotiation, communication, and interpersonal skills.
• Proficiency in MS Office Suite, particularly MS Excel, and familiarity with financial software.
• Must be highly organized, self-motivated, and capable of working under pressure to meet targets.