job opportunity

Key Purpose:                    

To act as the go between to our internal teams and our debt recovery law firms. (our DRLF)

Key Outcomes:                

  • Ensure that high debt recovery rates and the time to collect are reduced.
  • Reduce the time it takes to supply an audit trial to our debt recovery law firms (our DRLF)
  • Manage your own debt portfolio, with a view to escalating this to our DRLF, in case of non-payment of our debt balance.

Duties

Daily:
  • Liaison with the LSC/GSC in obtaining key data to pass to our DRLF
  • Liaison with our DRLF
  • Co-ordinate query resolution.
  • Handle/supply/resolve incoming emails/data from our DRLF.
  • Maintain and update a debt recovery spreadsheet
  • Provide DRLF with payment information as soon as it becomes known.
  • Co-ordinate important legal-documentation and activity, such as witness statements, statement of truth, hearing attendance, compilation of important documents for court use from the business.
Weekly:
  • Meet with Line Manager, to review how debt balances are performing.
  • Pass new referrals to our DRLF
  • Instruct our DRLF to initiate legal action to recover all outstanding debt as appropriate and in line with company policy and procedures, and within expected timings.
  • Sit down with our DRLF on a regular weekly basis to understand how all cases are progressing and what the correct level and speed of action needs to be, together with understanding how it affects our costs.
  • Maintain and update debt recovery spreadsheet.
  • Provide payment information to our DRLF as and when its applicable.
  • Co-ordinate important legal-documentation and activity, such as witness statements, statement of truth, hearing attendance, compilation of important documents for court use from the business, either at Centre Level and/or at a broader level.
  • Review debt recovery invoices.
  • Provide statistics relating to debt recovery performance for the most complex debt balances, and any other aged debt KPIs
  • Manage key relationships with our external DRLFs
Monthly:
  • Provide statistics relating to debt recovery performance for the entire paralegal ledger.
  • Prepare write offs for any balances which are uneconomical to pursue
General/Ad-hoc:
  • Provide general support internally to ensure that legal documentation is progressed, e.g. witness statements are filed properly with our DRLF.
  • Submit ideas for decision making around our debt recovery processes to help the business collect debt in an efficient manner.
  • Ad-hoc admin tasks/reporting
  • Attend Court/Telephone Mediation hearings, ensuring the best outcome where possible, as and when necessary.
  • Liaise with colleagues, and other staff members in assisting them with any small value legal cases when required to do so.

Essential:

  • 2/3-year(s) experience of B2B debt recovery processes/liaising with legal third-party suppliers on a regular basis.
  • MS Excel – Intermediate / Advanced.
  • Good IT knowledge
  • Proven analytical ability
  • Strong communication/negotiation/dispute resolution skills
  • Ability to make effective judgments based on facts, demonstrated through assessment of analysis and commercial risk.
  • High level attention to detail
  • Ability to set own priorities to achieve set deadlines and targets
  • Ability to work under pressure.
  • Ability to analyze data and communicate this to others verbally, as well as in writing
  • Ability to provide clear and concise reports when requested to Senior Management.
  • Work autonomously, sometimes at short notice pick up on urgent cases as and when they arise.
  • Has the ability to carry out account reconciliations.

Preferred:

  • (MBA / Degree in Law) and/or local accreditation in business and/or similar subject.
  • Legal administration experience, preferably in a debt recovery setting
  • Credit control/litigation experience.
  • Relationship management experience with legal suppliers.
  • Business proficiency in English is essential.

Industry:

  • Serviced office/Office Space /workspace solutions /Coworking industry experience

Documents

HOW TO APPLY

https://careers.iwgplc.com/vacancy/paralegal-12778-aerocitynew-delhi/12796/description/action/apply/?pagestamp=25824424-b9cd-4e7b-accf-8c8a47bedd92

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