Collection Coordinator

3 weeks ago


Riyadh, Saudi Arabia LAWAZEM Full time

Job Overview:

We are looking for a Collections Coordinator with a quite perfect knowledge of basic bookkeeping procedures and the ability to balance between maintaining trustful relationships with clients and guaranteeing timely payments.

Role and Responsibilities:

Cash Postings:

- Daily postings of total company incoming checks and wire payments to customer AR accounts (resolve

any discrepancies)

- Daily postings of credit card payments to customer AR accounts and reconciling batches to credit card

processor statements

- Daily remote deposit of checks

- Research and reconcile customer accounts with open balances due to cash posting variances

AR Collections:

- Review and mail/email invoices & monthly customer statements

- Contact customers with current balances due and follow up with promises to pay made but not yet

received

Other duties:

- Monitor AR mailboxes and distribute/respond to emails as needed

- Track customer collections activity and correspondence

- Process customer’s credit memo’s

- Recommend policies and/or procedures to management and implement approved procedures and/or

changes.

- Attend and participate in biweekly AR huddles and accounting team meetings

- Assist accounting team with tasks when needed

- Maintain excel spreadsheets and reports on collection successes and issues

- Maintain monthly past due tracking lists on the status of delinquent accounts

Requirements

- High school diploma or Bachelor's degree in a similar field

- +2 years of experience in the same field

- Ability to work under pressure and meet tight deadlines.

- Excellent report-writing and communication skills.

- Solid proficiency in Microsoft Office, SAP, Odoo , and other financial planning software.

- Fluent Arabic & English speaking, reading, and writing



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