Collections Specialist

Five Moons Company LTD.; Saudi Arabia; On-site; SAR 40,000 - 80,000; Full time

Job summary

An established industry player is seeking a Collections Specialist to manage accounts receivable and ensure timely payment collection. This role is crucial in the Facility Management sector, requiring strong communication and analytical skills. You will monitor client accounts, negotiate payment plans, and work closely with the finance department. Join a dynamic team where your contributions will directly impact financial operations and client relationships. If you have a background in finance and a passion for problem-solving, this opportunity is perfect for you.

Qualifications

• 4+ years of experience in collections, preferably in Facility Management.
• Knowledge of VAT and invoicing regulations in KSA.

Responsibilities

• Monitor client accounts to identify overdue balances.
• Contact customers to follow up on unpaid invoices.
• Prepare regular reports on collection status.

Skills

Communication Skills

Attention to Detail

Analytical Skills

Negotiation Skills

Education

Bachelor's degree in Accounting

Bachelor's degree in Finance

Bachelor's degree in Business Administration

Tools

Microsoft Excel

Accounting Software

Job description

COLLECTIONS SPECIALIST

Job Title: Collections Specialist

Department: Finance

Location: Khobar/Riyadh

Company: Five Moon Company

Employment Type: Full-Time

Job Summary:

The Collections Specialist is responsible for managing accounts receivable and ensuring the timely collection of outstanding payments from clients. This role requires strong communication skills, attention to detail, and a firm understanding of billing procedures in the Facility Management industry.

Key Responsibilities:

• Monitor client accounts to identify overdue balances.
• Contact customers via phone, email, and visits to follow up on unpaid invoices.
• Work closely with the finance department to reconcile accounts.
• Negotiate payment plans and resolve billing disputes professionally.
• Maintain accurate records of communications and payments.
• Prepare regular reports on collection status and aging reports.
• Coordinate with legal advisors for escalated collection cases, if needed.

Requirements:

• Bachelor's degree in Accounting, Finance, or Business Administration.
• 4+ years of experience in collections, preferably in Facility Management or B2B services.
• Strong analytical and communication skills.
• Proficient in Microsoft Excel and accounting software.
• Knowledge of VAT and invoicing regulations in KSA.