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Job Description
- Key Responsibilities
- Develop and implement collection strategies, policies, and procedures to ensure maximum recovery of outstanding dues.
- Monitor and control the accounts receivable portfolio, ensuring adherence to company credit and collection policies.
- Supervise and lead the collection team, assigning tasks, monitoring performance, and providing guidance.
- Negotiate with clients, tenants, and property buyers to resolve overdue payments and disputes.
- Prepare and present periodic reports on collection performance, aging analysis, and recovery status to senior management.
- Coordinate with the finance, legal, and sales teams to streamline collection processes and resolve complex cases.
- Initiate legal action when necessary, in collaboration with the legal department, for delinquent accounts.
- Maintain positive relationships with key clients while enforcing contractual payment obligations.
- Identify risks, trends, and opportunities to improve collection efficiency and minimize defaults.
- Ensure compliance with all applicable financial regulations and company policies.
Job Requirements
Requirements
- Bachelor’s degree in Finance, Accounting, Business Administration, or related field. Master’s degree is a plus.
- 8+ years of progressive experience in collections, with at least 3 years in a managerial or leadership role within real estate.
- Strong understanding of real estate financing, contracts, and payment structures (installments, mortgages, leasing, etc.).
- Proven track record in achieving collection targets and reducing overdue balances.
- Excellent leadership, negotiation, and conflict-resolution skills.
- Strong analytical and reporting abilities.
- Proficiency in MS Office and ERP/CRM systems.
- Fluency in English; Arabic is a plus (depending on location).
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