Collection Specialist

MINDFREE Consulting | Insurance Talent Hub; Riyadh; On-site; SAR 150,000 - 200,000; Full time

Job summary

A leading global consulting firm is seeking a Senior Collection Specialist in Riyadh. The role involves following up on collections, maintaining client relationships, and ensuring timely payments. Candidates should have a degree in Accounting or Finance and relevant experience. Strong organizational and communication skills are essential, along with proficiency in Microsoft Office. This position offers a dynamic work environment in the financial consulting sector.

Qualifications

• Minimum of 2 years of relevant experience.

Responsibilities

• Regular follow up on collection via onsite client visits.
• Resolve issues delaying the payment process.
• Track payment order and update relevant teams.
• Maintain good professional business relationships.
• Forecast monthly payment expectations.

Skills

Strong attention to detail

Ability to multitask and work under pressure

Excellent interpersonal and communication skills

Ability to work well in a team

Strong organizational skills

Ability to prioritize work

Excellent follow through

Good analytical capabilities

Proficiency in Microsoft Office (Word, Excel, PowerPoint)

Adaptability to different cultures

Strong and assertive character

Good judgement and diplomatic approach to resolve conflicts

Education

University Degree in Accounting or Finance

Job description

Our client is a leading global consulting firm, helping the world's top businesses, governments and organizations. Seeking to hire aSenior Collection Specialist at their office in Riyadh.

Reports to
Finance Team Lead
Financial Projects Control Manager

Responsibilities

• Regular follow up on collection via on site client visits in coordination with the projectshandling officer to expedite the payment process and reach the monthly cash target.
• Explore with the client any issues that are delaying the payment process and ensure to getthem resolved.
• Ensure to get and track the payment order from the client to follow up with the Ministry ofFinance.
• Regularly update the team with the invoices and payment requests status by constantlychecking the Etimad portal and updating the needed trackers.
• Upload invoices and required documents on client portals and update the relevant teamswith the status.
• Support on audit requests by ensuring completion of deliverables requested by the auditors(i.e. letters to be sent to selected clients for balance confirmation).
• Keep partners in the loop regarding all updates related to their projects receivables.
• Forecast the monthly payment expectations after reviewing the Accounts Receivablesreport shared by the AR supervisor.
• Follow up on aged outstanding invoices to resolve any disputes and raise any issues to therelevant handling officer.
• Process necessary administrative work/documentation required (Invoice, contracts, legaldocuments, completion certificate, email, reports...) to get the payment processed.
• Deliver the contracts pertaining to each project to the clients in order to get the necessarysignatures.

Ensure proper communication with the client

• Understand and respect the Saudi culture
• Maintain good professional business relationship
• Maintain a high level of patience for further understanding of clients needs and expectations.

Knowledge, skills and abilities

Qualifications

• University Degree in Accounting or Finance
• 2 years of relevant experience

Skills

• Strong attention to detail
• Ability to multitask and work under pressure
• Excellent interpersonal and communication skills
• Ability to work well in a team
• Strong organizational skills
• Ability to prioritize work
• Excellent follow through
• Good analytical capabilities
• Demonstrate capabilities to execute against tasks without specific direction
• Proficiency in Microsoft Office (Word, Excel, Power point) - in particular must have a goodexcel
• Ability to adapt to different cultures
• Must possess a strong and assertive character especially with the clients
• Good judgement and diplomatic approach to resolve conflicts