Accounts Recovery Officer

Location: Islamabad (On-site)
Job Type: Full-Time

Job Description

We are looking for a detail-oriented and responsible Recovery Officer to manage debtor records, collections, and financial documentation. The ideal candidate will ensure timely recovery of payments, maintain accurate financial records, and coordinate with internal teams and customers.
Key Responsibilities
1. Debtors Management (DDP / Indenting Debts)

• Maintain debtor records including invoices, collections, and advance adjustments
• Record DDP receipts and vouchers; prepare BRVs and post entries accurately
• Reconcile debtor accounts and report discrepancies to the supervisor
• Prepare and send follow-up communications (letters/emails) to customers
• Visit customers for payment follow-ups and collections when required
• Track expected vs. actual receivables on a weekly basis

2. Earnest Money Handling

• Maintain complete record of earnest money and tender fees
• Manage issuance and collection of earnest money
• Coordinate with internal teams and update status regularly
• Prepare and send letters for release of earnest money
• Ensure timely system postings and collections

3. Bank Guarantee Management

• Maintain and update bank guarantee records
• Handle issuance and tracking of guarantees
• Coordinate with relevant teams for status updates
• Prepare documentation for release of bank guarantees
• Ensure timely collection and accurate system entries

4. Withholding Tax Management

• Maintain record of withholding income tax deducted by customers
• Send requests for issuance of withholding tax certificates
• Collect and properly file certificates
• Ensure accurate documentation and record-keeping

5. General Duties

• Assist Team Lead in day-to-day tasks
• Perform any additional duties as assigned

Requirements

• Bachelor’s degree in Accounting, Finance, or relevant field
• 1–3 years of experience in accounts receivable, collections, or finance
• Strong knowledge of financial record-keeping and reconciliation
• Good communication and follow-up skills
• Proficiency in MS Excel and accounting systems
• Ability to manage multiple tasks and meet deadlines

What We Offer

• Professional working environment
• Growth and learning opportunities
• Competitive salary package

How to Apply
Email: khadija.zia@ibs.biz.pk
WhatsApp: 0302-8298539

Pay: Rs55,000.00 - Rs65,000.00 per month

Work Location: In person