Collection Executive📣 إعلان

About OSUS and the Collection Executive Role

OSUS, a real estate developer established in Riyadh in 2006, focuses on leading commercial, residential, and mixed-use projects through integration, innovation, thoughtful design, and modern technological solutions. The company believes in the future of urban planning through mixed-use developments. We are seeking a Collection Executive to join our team in Riyadh for a full-time position. This role is critical in safeguarding the company's financial health by ensuring timely collection of receivables and managing client communication professionally.

Role Overview and Objectives

The Collection Executive will be responsible for managing accounts receivable, maintaining positive client relationships, and resolving payment-related issues. This position requires strong interpersonal skills, meticulous attention to detail, and the ability to collaborate effectively with internal departments to enhance collection performance and resolve discrepancies.

Key Responsibilities

• Ensure accurate and timely issuance of customer invoices.
• Monitor the company's receivables list to identify and manage overdue accounts.
• Issue payment reminders in accordance with established company procedures.
• Communicate professionally with customers to collect outstanding payments.
• Address and resolve invoice or account-related issues in coordination with relevant departments.
• Respond promptly to customer inquiries regarding payments and account status.
• Initiate legal action for customers who fail to settle outstanding debts, in coordination with the legal department.
• Follow up with internal stakeholders to execute termination procedures for defaulting customers.
• Prepare daily and weekly collection status reports for management review.
• Identify customers requiring special follow-up or escalated action.
• Analyze collection trends and provide insights to support decision-making.
• Ensure adherence to financial policies, procedures, and relevant legal regulations.
• Coordinate with the legal department in cases of disputes or escalations.
• Provide required documentation and information for internal and external audits.
• Offer recommendations based on identified trends to support overall company performance.

Required Qualifications and Experience

• Bachelor's degree in Finance, Business Administration, Accounting, or a related field.
• A minimum of 2 to 5 years of experience in collections or credit control.
• Proficiency in MS Office Suite.
• Experience with ERP systems is required.
• Experience in the real estate sector is preferred.

Work Environment and Location

This is a full-time position based in Riyadh. The role involves close collaboration with various internal departments, including legal and finance, to ensure effective collection processes and financial integrity.