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Walton Hi-Tech Industries PLC
Head of Credit Sales (Walton Plaza)
Application Deadline: Dec 01, 2024
Summary
Published: Oct 17, 2024 Vacancy: 1 Gender: Any
Age: 35 years to 42 years Career Level: Expert Level Experience: 10 Year
Salary: Negotiable Location: Dhaka
Requirements

Education


  • Masters

Experience


  • 10 Year

Additional Requirements


  • Credit Monitoring
  • Credit Recovery Management
  • Credit Sales
  • Hire purchase
  • Micro Credit

Responsibilities & Context

  • Oversee and manage the hire sales and collection functions to ensure smooth operations.
  • Develop, plan, and implement strategies aimed at achieving higher sales and collection targets.
  • Regularly monitor sales performance and collection efficiency, and take action to improve them.
  • Proactively engage customers to increase sales and enhance collection rates.
  • Implement strategies to minimize overdue accounts and defaults in hire sales.
  • Provide strong leadership and support to the Divisional Credit Manager (DCM) and Regional Credit Manager (RCM), ensuring effective communication and teamwork.
  • Set clear goals for the credit management team and monitor their performance to meet credit sales targets.
  • Conduct regular training and development sessions to enhance team capabilities in credit sales and collections.
  • Ensure regular surveys are conducted at Walton Plaza outlets to assess sales potential and customer satisfaction.
  • Organize and oversee installment fairs to drive hire sales, while boosting visibility for Walton’s products through fairs and promotional activities.
  • Ensure physical verification of hire accounts to maintain accuracy and compliance, addressing discrepancies when necessary.
  • Lead all compliance efforts to ensure sales and credit activities align with company policies and regulatory requirements.
  • Implement initiatives to increase the payment percentage of hire accounts.
  • Prepare and submit weekly and monthly progress reports on sales and collections to the Managing Director.
  • Analyze sales data to identify trends, areas for improvement, and opportunities for growth, and provide actionable insights for decision-making.
  • Develop strategies to reduce default accounts in hire sales and implement risk assessment measures to minimize bad debt exposure.
  • Collaborate with the finance team to ensure credit sales strategies are aligned with risk management policies.
  • Build and maintain strong customer relationships to drive repeat sales and improve customer loyalty.
  • Promptly address customer concerns and disputes to maintain a positive brand image, offering solutions related to hire sales and credit arrangements.
  • Stay updated with market trends and competitor activities to adapt sales strategies accordingly.
  • Promote a culture of continuous improvement within the credit sales department.
  • Perform any additional duties assigned by the Managing Director or other senior leadership.


Compensation & Other Benefits
  • Salary Review: Yearly
  • Lunch Facilities: Partially subsidize
  • Festival Bonus: 2

Work Place

Work from Office

Employment Status

Type: Full Time/Permanent

Shift: Day Shift

Job Location

Dhaka

Read Before Apply

The applicants should have experience in the following business area(s): Electronic Equipment/Home Appliances, Micro-Credit

Company Information
Company Name: Walton Hi-Tech Industries PLC

Address: Gazipur (Kaliakair)


Business Type:

Walton Hi-Tech Industries PLC was incorporated as a private limited company on April 17, 2006, under the provisions of Companies Act 1994 (ACT XVIII of 1994), vide registration certificate No. C-61272 (3281)/06 and started its business operation in 2008.

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