Senior Contracts and Collection Officer

About Dirah Development

Dirah Development Company is a Saudi development company focused on urban and heritage development projects. The company specializes in revitalizing historical areas and transforming them into vibrant destinations that support tourism, culture, and quality of life, in alignment with Saudi Vision 2030.

The Role

Dirah Development is seeking a Senior Contracts and Collection Officer to manage and support the company’s contracts administration and collection activities. This full-time position is based in Riyadh, Saudi Arabia. The role involves maintaining contractual records, monitoring receivables, following up on outstanding balances, and coordinating with various stakeholders to ensure contractual and financial matters adhere to approved policies and procedures.

Key Responsibilities

• Maintain and update contract registers, customer records, payment schedules, guarantees, correspondence, and supporting documentation.
• Review contractual terms related to billing, payment milestones, penalties, renewals, variations, and financial obligations.
• Coordinate the preparation, review, execution, renewal, amendment, and closure of contracts with relevant departments and external parties.
• Monitor accounts receivable, aging reports, due dates, overdue balances, and collection targets.
• Follow up with customers and counterparties to obtain payment commitments and resolve routine collection and contractual issues.
• Reconcile customer accounts, investigate variances, and coordinate required adjustments with Finance.
• Prepare payment reminders, collection letters, account statements, escalation summaries, and contract-related correspondence.
• Coordinate contractual and collection matters with Finance, Legal, Commercial, Projects, Procurement, and other relevant departments.
• Escalate long-outstanding balances, contractual breaches, disputed amounts, and high-risk cases in accordance with approved procedures.
• Support the negotiation and documentation of payment plans and settlements within approved authority limits.
• Prepare periodic reports on collections, overdue balances, aging, contract status, disputes, risks, and required actions.
• Maintain complete and accurate audit trails and ensure contractual and collection records are properly filed and protected.
• Support internal and external audits by providing the required contracts, reconciliations, correspondence, and collection evidence.
• Recommend improvements to contract controls, collection processes, reporting templates, and system utilization.

Qualifications and Experience

Candidates should possess 2-5 years of relevant experience in contracts administration and collection activities. The role requires a detail-oriented and results-driven individual.

Location and Work Type

This is a full-time position located in Riyadh, Saudi Arabia.

Application Process

The salary for this position will be discussed during the interview process.