Head of Collections

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