Recovery Officer Job at Wemy Industries Limited

Wemy Industries Limited is one of the foremost indigenous and oldest established manufacturers in Lagos, Nigeria. We specialize in producing baby diapers, feminine sanitary napkins/pads, panty liners, adult diapers, maternity pads, under pads and baby wipes under the umbrella brand names of ‘Dr. Browns’ and ‘Nightingale’.

We are recruiting to fill the position below:

Job Position: Recovery Officer
Job Location:
Employment Type: Full-time

Job Description

  • Lead recovery activities across all cities and new locations.
  • Handles special credit arrangements and deviations from standard terms of payment.
  • Execute all asset recovery logistics with applicable external service providers (e.g., repossession companies, bailiffs, external legal counsel, auctioneers) against budget and effectively troubleshoot unforeseen issues/problems that may arise.
  • Engage with guarantors to negotiate reasonable settlements on post-recovery shortfall amounts and/or collaborate with legal/external counsel in executing the legal strategy of asserting and enforcing legal claims.
  • Review the debt recovery process’s effectiveness and policies.
  • Select and manage an effective process of outsourcing past due accounts referred monthly to external debt agency services by analyzing the selection, monitoring the collection performance, and assuring a reasonable rate of return.
  • Ensure training plans and documentation are up to date and in place for collections of receivables and applications.
  • Staff Development: Involvement in the career development of the team and any staffing decisions.
  • Leadership: effectively lead, manage, and develop collections teams across current and new city launches.

Job Requirements

  • B.Sc / HND in Accounting, Mathematics, Business Administration or related disciplines.
  • 3+ years of proven experience with at least one year in a managerial role and credit
  • Asset recovery/insolvency background
  • Exceptional organizational, time management, and problem-solving skills
  • Must be able to perform independently, be self-motivated, and demonstrate initiative.
  • Strong execution skills
  • Ability to effectively communicate to different audiences in different functions in multiple geographic locations.
  • Strong Excel skills, especially with pivot tables and data manipulation/presentation
  • Ability to work on big data and generate insight for decision-making.

Method of Application
Interested and qualified candidates should send their CV to: using the Job Position as the subject of the mail.