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Open nowFirst seen 4 days ago

Head of Collections

First Executive68 open roles

Where
Riyadh, Riyadh Province, Saudi Arabia
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Your applicationOpen nowHead of CollectionsFirst Executive · Riyadh, Riyadh Province, Saudi Arabia

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The clock on this job

Early applications get read.

12.3% of postings close within 7 days. Measured by our own scanner across the market.

Share of postings closed within
  1. 2.1%1 day
  2. 4.5%3 days
  3. 12.3%7 days
  4. 19.3%14 days
  5. 35.6%30 days
  6. 57.8%60 days
This job: first seen 4 days ago

The posting

Our client is a Leading Real Estate Development Company operating across the region.

We are looking for experienced Head of Collection to be based in Riyadh, Saudi Arabia.

Reporting to: COO

KEY RESPONSIBILITIES

  • Identify and develop policy and procedures for the collection function to maintain efficient collection practices and enhance control standards within the function.
  • To manage, track and collect Company’s and external clients’ accounts receivable based on lease / rental data and coordinate with the commercial department for finalization of the collection.
  • Direct and manage the collection of the rental and utilities due amount.
  • Manage Issue payment request and invoice to the tenant and follow-up on the lease/rental collection to ensure conduction of activities on a timely basis.
  • Implementing the collection manual to issue warning notices & action notices and so on to tenants who are not making payments on time to expedite collection of overdue receivables.
  • Coordinate with Finance & Accounting department to resolve any discrepancies with lease receivables.
  • Manage submission of regular reports, lease collection efficiency, receivables lead time and delinquency.
  • Manage and record collections numbers in the computer system, follow up on payment delays, and report unpaid invoices to the legal department & COO & CD, Finance and Accounting department if needed for posting in company portal.

KEY SKILLS

  • Flexible with strong leadership skills and ability to interact with all levels of management
  • Strong accounting & analytical & skills with sound business and financial acumen
  • Excellent Leadership and negotiation skills
  • Strategic Planning and organizing skills
  • Effective Communication skills
  • Budgetary Control
  • Analytical skills.
  • Accounting & numbers skills
  • Customer Focus.
  • Team work.
  • Ability to work under pressure.
  • Action-oriented and solution-driven and able to work in a fast pace environment.

ESSENTIAL REQUIREMENTS

  • Degree qualifies
  • At least 7 years’ experience in Collection field preferably in Real Estate industry
  • At least 3 years of experience in management role
  • Must be flexible with strong leadership skills and ability to interact with all levels of management
  • Should have strong accounting & analytical & skills with sound business and financial acumen
  • Open to male Arab nationals based in Saudi now

COMPENSATION

  • Salary is open and will depend on interview performance and experience
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