Collection Coordinator

2 weeks ago


Riyadh, Ar Riyāḑ, 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

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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