Collections Specialist

About the Role

Awtad Real Estate, a prominent company in the real estate sector, is seeking a Collections Specialist to join its finance team. This full-time position is based in Riyadh, Riyadh Province. The Collections Specialist will be responsible for managing outstanding payments and ensuring the timely collection of receivables, which is crucial for supporting the company's cash flow and financial stability.

Role Overview

The Collections Specialist will play a key role in maintaining accurate financial records and fostering positive relationships with clients. This involves coordinating with clients to resolve payment issues and collaborating with internal departments to streamline collection processes. The ideal candidate will demonstrate strong communication skills, attention to detail, and a solid understanding of accounting principles.

Key Responsibilities

• Monitor accounts receivable and follow up on overdue payments promptly and professionally.
• Communicate with customers regarding invoices, payment terms, and outstanding balances.
• Negotiate payment plans and settlements when necessary.
• Maintain accurate documentation of collection activities and client communications.
• Collaborate with the finance and legal teams to address disputed payments and escalate issues as needed.
• Prepare reports on collection status, aging analysis, and discrepancies for management review.
• Ensure compliance with company policies and relevant regulations in the collections process.
• Work to improve collection procedures and reduce overdue accounts.

Required Skills and Attributes

• Excellent communication skills for interacting with clients and internal teams.
• Strong attention to detail for maintaining accurate financial records.
• A solid understanding of accounting principles relevant to collections.
• Ability to negotiate effectively and resolve payment issues.
• Proficiency in preparing financial reports and analyses.

Work Environment

This is a full-time position within the finance team at Awtad Real Estate, located in Riyadh. The role involves close collaboration with various internal departments and direct communication with clients.

Application Process

Candidates who meet the outlined requirements and are interested in contributing to Awtad's mission of excellence are encouraged to apply.