Company Name: iMasFinance Co-operative (Ltd)
Location: Centurion, Gauteng
Closing Date: 20 November 2025
Apply Link: Apply Here
Job Details:
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Division: iMasFinance
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Business Unit: Shared Services – Legal Collections
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Minimum Experience: Mid-Senior
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Company Primary Industry: Financial Services
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Job Functional Area: Other
Job Description:
iMasFinance is looking for a Collections Manager: Legal reporting to the Head: Business Support and Collections. This role involves developing, implementing, and monitoring debt review, regional, and legal collections strategies, minimizing write-offs, maximizing profitability, and managing a network of outsourced legal service providers. Preference is given to candidates from designated groups.
Key Responsibilities:
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Translate corporate strategy into tactical strategies within Collections
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Develop and manage legal collections strategy and divisional policies
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Engage with internal and external stakeholders, emphasizing employer relationships
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Appoint and manage panel of attorneys for court orders and judgments
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Update member credit profiles and maintain regulatory compliance
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Review collection trends, analyze data, and devise strategies
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Manage specialized collections (debt review, CLI claims, sequestrations, administration orders)
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Journalize and capture payments from PDA (Payment Distribution Agent)
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Review commercial contracts and support new deals
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Perform financial management, budgeting, and reporting
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Establish and manage risk and ensure compliance with policies
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Implement equitable HR practices, supervise team activities, and manage performance
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Provide visionary leadership and ensure team training and development
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Stay updated with industry trends and developments
Qualifications:
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Matric with Mathematics and Accounting
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Diploma in Credit Management
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LLB or BCom Law degree (essential)
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Admitted advocate/attorney
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Valid Code 08 Driver’s License
Experience:
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6-8 years operational experience in credit procedures and policies
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5 years managerial experience in debt collection
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6-8 years operational experience in debt collection and legal administration
Knowledge and Skills:
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Computer literacy and advanced Microsoft Office skills (Excel, Word, PowerPoint)
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Knowledge of relevant legislation and regulatory bodies
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Debt collection processes and strategy formulation
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Interpersonal, influencing, planning, organizing, and analytical skills
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Leadership, judgment, conflict handling, time management, and communication skills