Financial Collections Specialist
2 weeks ago
We are seeking a skilled Financial Collections Specialist to join our Finance Department in Riyadh, Kingdom of Saudi Arabia.
The successful candidate will be responsible for monitoring customer collections, contacting customers regarding collections, and performing various other related tasks.
Key Responsibilities:- Reviewing and controlling customer balances and arranging collections.
- Opening new customers in the ERP system.
- Reviewing, approving, and releasing customer orders.
- Maintaining procedural frameworks for Credit & Collection operations and implementing enhancements as needed.
- Ensuring timely conversion of receivables to cash through effective collection techniques and minimizing bad debts.
- Implementing flexible credit policies and procedures while taking calculated risks to increase revenues.
- Collecting information on new customers (credit agency search/supplier search/financial statements).
- Communicating with customers/banks regarding returned/unpaid cheques.
- Preparing customer reconciliations on a monthly basis with top customers.
- Preparing daily collections schedules for collectors.
Requirements:
- Bachelor's degree in Accounting, Finance, or related field.
- Able to register with SOCPA.
- Excellent oral and written communication skills in Arabic and English.
- Proficient in Microsoft Office software.
- Analytical skills.
- Strong team player with excellent interpersonal skills.
- Capacity to handle multiple decision-reporting centers.
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