Debt Recovery Officer

4 days ago


Riyadh, Ar Riyāḑ, Saudi Arabia Logicom Distribution Full time

We are seeking an experienced Credit Control Officer to join our team at Logicom Distribution. As a key member of our Finance Department, you will play a crucial role in ensuring the timely conversion of receivables to cash.

Responsibilities
  1. Review and control customer balances, arranging collections as necessary.
  2. Manage new customer additions in our ERP system.
  3. Review, approve, and release customer orders.
  4. Develop and implement a procedural framework for credit and collection operations.
  5. Maintain low levels of bad debt by applying effective collection techniques.
  6. Implement flexible credit policies and procedures, balancing risk with revenue growth.
  7. Conduct research on new customers, including credit agency searches and financial statement analysis.
  8. Communicate with customers and banks regarding returned or unpaid cheques.
  9. Prepare monthly customer reconciliations with our top customers.
  10. Coordinate daily collections schedules with our collection team.
Qualifications
  1. Bachelor's degree in Accounting, Finance, or related field.
  2. Ability to register with relevant authorities.
  3. Excellent communication skills in Arabic and English.
  4. Proficiency in Microsoft Office software.
  5. Strong analytical skills.
  6. Team player with excellent interpersonal skills.
  7. Ability to handle multiple decision-reporting centres.


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