1 Collections Officer jobs in Saudi Arabia
Debt Collection Specialist
Posted 12 days ago
Job Viewed
Job Description
We are seeking a motivated Debt Collection Specialist to join our finance team.
This person plays a pivotal role in safeguarding the company’s financial health by ensuring the timely recovery of outstanding payments. This role requires a proactive approach to managing accounts receivables by fostering strong client relationships, resolving payment discrepancies, and streamlining collections processes. The Debt Collection Specialist will contribute directly to optimizing cash flow, supporting the company’s growth and reputation in the Middle East market.
Responsibilities
- Monitor accounts to identify outstanding debts.
- Utilise all forms of communication, verbal, written, and in person, to manage overdue invoices and ensure prompt payment
- Build and maintain professional relationships with customers to facilitate smooth collections
- Send invoices, letters and statement of accounts on a timely basis.
- Resolve billing and customer issues and discuss issues internally with the related departments, working closely with the Sales, Operations, and Legal teams
- Update account records on collections efforts and payment statuses
- Utilise internal systems to keep detailed notes regarding resolution timelines.
- Monitor ongoing reports to ensure adherence to credit terms
- Provide reporting and feedback to management, highlighting key trends, actionable insight, and risk areas
- Coordinate with the Finance team to allocate incoming payments and manage accounts receivables
- Reconcile accounts to ensure accuracy of payment records upon resolution of any discrepancy
- Recommend process improvements related to collections efficiency, whilst ensuring compliance with company policies and local regulation
Skills and Qualifications
- Bachelor's degree in Finance, Accounting or a related field.
- Minimum 3 years within debt collection is required
- Strong negotiation skills, to be able to tactfully handle payments discussions with clients
- Solid understanding of accounting principles and practices.
- Strong analytical skills with high attention to detail.
- Ability to prioritize tasks, meet deadlines, and work effectively in a team environment.
- Excellent communication skills, both written and verbal.
- Understanding of regional business culture and regulations.
- Language skills: Fluency in English and Arabic, written and verbal.
About the Company
Founded in 1896, Knight Frank has grown to become the world’s largest privately owned global property agency and consultancy. Headquartered in London with 388 offices, employing more than 16,000 people, spanning six continents, Knight Frank provides the highest standards of quality and integrity in global residential and commercial property advisory services.
Knight Frank Middle East provides integrated residential and commercial real estate transaction, consultancy, and management services with offices in Dubai, Abu Dhabi, Qatar, Bahrain, Riyadh, Jeddah and Cairo. The MENA region also comprises the continent of Africa where there are boundless career opportunities via our network in Nigeria, Kenya, Uganda, Tanzania, Zambia, Malawi, Botswana, Zimbabwe and South Africa.
For more information about Knight Frank, please visit our website at and watch Our View.
Seniority level- Seniority level Associate
- Employment type Full-time
- Job function Finance
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