Collection Officer

Midis Group; Riyadh; On-site; SAR 56,000 - 89,000; Full time

Job summary

Midis Group is seeking a Collection Officer in Saudi Arabia to manage payments on receivables and follow up on outstanding debts. The role requires negotiation with clients, developing payment plans, and mitigating losses through timely collections.

Strong communication and coordination with the manager are essential. The candidate should have a Bachelor’s degree in Accounting or Finance and at least 2 years of relevant experience.

Qualifications

• Bachelor's degree in Accounting or Finance.
• At least 2 years of relevant experience.

Responsibilities

• Research accounts and contact clients to agree on payment plans.
• Develop collection schedules and methods.
• Follow up with clients to collect receivables by deadlines.
• Monitor accounts for overdue payments and investigate data for actions.
• Maintain and update account status and client database.
• Establish and maintain relationships with clients and respond to queries.

Education

Bachelor's degree in Accounting or Finance

Job description

Job Title

Collection Officer

Job Scope

The Collection Officer is accountable for managing payments on receivables and following up on outstanding debts and or deferred payments from clients S He maintains continuous communication with clients negotiate payment methods and attempts to collect timely payments mitigating company losses

Main Duties and Responsibilities

Research accounts and contact respective clients to agree on suitable payment plans and develop collection schedules and methodsFollow up with clients to collect receivables as per communicated deadlines and ensure payments are processed on timeMonitor accounts to identify overdue payments and debts investigate historical data and institute legal actions when necessary in coordination with the direct managerMaintain and update account status and client s database while keeping track of all activities and payment recordsEstablish and maintain strong business relationships with clients respond to queries and cascade complaints as and when necessaryIssue periodic statements and report on collection and accounts receivable status to concerned

Position Requirements

Education Bachelor s degree in Accounting or FinanceExperience At least 2 years of relevant experience Education Bachelor s degree in Accounting or FinanceExperience At least 2 years of relevant experience