Officer, Collection

Olayancareer; Riyad Al Khabra; On-site; SAR 120,000 - 180,000; Full time

Job summary

OSHCO is seeking a Finance and Accounting professional to support receivables and collections, accelerate cash flow, and resolve billing issues. You will manage invoices, Vouchers, and tenant communications while ensuring data integrity in SAP and related systems.

You will also plan and execute collections strategies, collaborate with internal teams, and produce regular reports on collection performance and cash flow outlook.

Qualifications

• Bachelor's degree in Accounting, Finance, or related field.
• Experience in accounts receivable or collections.
• Familiarity with SAP or ERP systems.

Responsibilities

• Billing and invoicing tenants, reviewing lease contracts, and processing receipts.
• Track due/overdue payments, manage Promise-to-Pay commitments, and reconcile payments.
• Maintain lease contracts in SAP and update collection reports and documentation.
• Conduct regular collection planning to improve cash flow and weekly collections.
• Coordinate with customer finance teams and internal departments to resolve delinquencies.
• Prepare weekly and monthly collection and cash flow reports.

Skills

Accounts receivable

Cash collections

Stakeholder management

Billing & invoicing

Relationship management

Education

Bachelor's degree in Accounting, Finance, or related field

Tools

SAP

Ejar platform

Job description

Select how often (in days) to receive an alert: Create Alert

Sub Department: Finance and Accounting - Accounting & Controlling

Number of Openings: 1

Role Purpose

Support the company’s financial objectives and improve cash flow by managing receivables, accelerating collections, resolving billing issues, and reducing outstanding and delinquent accounts while maintaining positive customer relationships.

Job Accountabilities & Activities

Billing & Invoicing

• Issuing tenant invoices and receipt vouchers (including through the Ejar platform).Reviewing and verifying lease contracts and quotations prior to final approval.
• Communicating directly with tenants to follow up on due/overdue rent, tracking payments, and issuing balance confirmation letters. Managing Promise-to-Pay (PTP) commitments and maintaining records of all tenant interactions.
• Performing bank statement settlements and reconciliations. Coordinating closely with the Finance team on unidentified payments and correct allocations.

Systems & Data Integrity

• Creating and maintaining lease contracts directly in SAP. Updating collection reports, tenant comments, and organizing supporting R.V. (Receipt Voucher) documentation.

Planning

• Conduct periodic collection reviews and develop plans to improve weekly collections.
• Identify delinquency drivers and recommend appropriate collection actions.
• Develop future collection plans to support cash flow requirements.

Stakeholder Management

• Build effective relationships with customer Finance teams to facilitate timely collections.
• Coordinate with Leasing, Accounting, and other internal departments to resolve collection issues.
• Communicate professionally with customers while maintaining positive relationships.
• Escalate significant delinquency issues to management.

Reporting

• Prepare weekly reports on collection activities and achievements.
• Prepare monthly reports on cash flow outlook and collection plans.
• Monitor invoicing and report delayed or missed invoices.
• Provide daily visibility on collection achievements and delinquencies.
• Assist with AR audit schedules, VAT reports, and balance sheet schedules.

Record Keeping

• Maintain accurate customer account records and ledgers.
• Ensure collection activities and payment statuses are properly documented.
• Maintain accurate historical and intercompany transaction data.

Education & Certifications

Education

• Bachelor’s degree in Accounting, Finance, or a related field.

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