Collections Analyst - Saudi National Only

Honeywell; Dammam; On-site; SAR 120,000 - 180,000; Full time

Job summary

Honeywell is hiring a finance professional to manage collections activities across customer portfolios. With 3-5 years' experience in credit and collections, the role involves analyzing payment trends and ensuring cash flow maximization. Join a leader in innovative solutions for automation, aviation, and energy transition.

Qualifications

• 3-5 years of related experience in finance/accounting.
• Excellent knowledge of cash collection processes.
• Knowledge of basic accounting principles required.

Responsibilities

• Manage collections activities on customer portfolios.
• Analyze payment trends and resolve disputes.
• Achieve collection and forecast metrics.

Skills

Credit Skills

Cash Collection Processes

Risk Analysis Practices

Tools

SAP A/R

Sales Force

Job description

The Future Is What We Make It. When you join Honeywell, you become a member of our Global team of thinkers, innovators, dreamers and doers who make the things that make the future. By changing the way we fly, fueling jets in an eco-friendly way, keeping buildings smart and safe and even making it possible to breathe on Mars. Make the Best You. Working at Honeywell is not just about developing cool things. All our employees enjoy access to dynamic career opportunities across different fields and industries. Join us and Make an Impact.

Qualifications

• 3-5 years of directly related experience, preferably in credit/collections
• Experience in finance, accounting, collections or any other Accounts Receivables department
• Requires knowledge of basic accounting principles and has excellent knowledge of cash collection processes and risk analysis practices.
• Excellent credit skills required in areas such as insurance, letters of credit, financing, and legal environment.
• Knowledge of SAP A/R, Sales Force systems highly desirable.

The Purpose of the Role

• Responsible for all collections activities on 1 or more portfolios of customers, including establishing and maintaining contact (may include travel), analyzing payment trends, resolving disputes, and escalating issues timely.
• Ensure accurate cash receipts forecast on assigned portfolios monthly.
• Achieve collection and forecast metrics for the portfolios.
• Analyze financial and relevant information of customers to assess credit risk and recommend actions.
• Build relationships with business partners for smooth cooperation.
• Improve processes and maximize cash flow.
• Resolve and prevent Unapplied Cash issues.
• Prepare reports and participate in cash calls with the business.
• Drive dispute resolution and ensure timely clearance of disputes.
• Contribute to continuous improvement initiatives using RPS techniques.
• Build customer rapport and manage past dues via calls and other communication channels.
• Manage portfolios of Customer Segment A & B, focusing on digital payment methods based on regional specifics.

About Us

Honeywell helps organizations solve complex challenges in automation, aviation, and energy transition. We provide innovative solutions across Aerospace Technologies, Building Automation, Energy and Sustainability, and Industrial Automation, powered by Honeywell Forge software, making the world smarter, safer, and more sustainable.