Job Details
Experience Needed:
Career Level:
Education Level:
Salary:
Job Categories:
Skills And Tools:
Job Description
Job Purpose
To facilitate & control cash collections from Property Finder’s customers and manage the AR, Collection & cash flow cycle in order to prevent escalation of bad debts, realize receivables into cash & speed up the cash conversion cycle and improve the overall cash flow cycle.
Credit & Collection Specialist Responsibilities: -
- Manage the relationship with customers in terms of invoicing, payments schedules & cheques collection process.
- Review & analyze the payment status on CRM system including bounced & collection rates per category & business type.
- Flag any pending or bounced payments on Sales Force system to sales team, prepare weekly meetings with sales team to review the status of these payments.
- Manage the monthly AR aging meeting including detailed analysis (No. of leads & Listings) per customer for suspension & termination cases.
- Asses & analyze the credit history of all customers before approval of any exceptions.
- Follow up on payments & negotiate with customers to switch into credit card/online payments.
- Oversee AR specialist and ensure completeness and accuracy.
- Co-ordinate with the Collection agency company for chasing terminated customers.
- Assist in Internal and External audit requirements.
Job Requirements
Qualifications & experience: -
- Years of experience: 1-2 years of experience in a controlling & collection function
- Entry-level with Microsoft Excel & PowerPoint, Good knowledge of ERP systems (Oracle is an advantage).
- The candidate must be skilled in (PivotTables, SUMIFS, Power Query & Power Pivot).
- Experience in reporting, financial modeling and analysis will be an added advantage.
- Experience in Tech/Internet or Service companies will be an added advantage.
KPIs
- Meet reporting deadlines.
- Improve DSO Ratio (Days Sales Outstanding).
- Improve CCC (Cash Conversion Cycle) & Reduce Bad Debt to the minimum levels.
- Provide accurate cash flow forecasts & reduce budget variances.
Knowledge & Skills:
- Must possess a professional and positive attitude/outlook, show initiative, independent correspondence and perform well under pressure to achieve deadlines.
- Strong organizational skills are essential with ability to continually re-prioritize own workload and deadlines.
- Strong communication and interpersonal skills.
- Must be confident, supportive and work well within a team environment.
Featured Jobs
Similar Jobs
- Collection & Reconciliation Of...Elwaha for pumps and water service - 6th of October, Giza20 days ago