Recovery Officer (تحصيل)

Bayut is the number one property portal in the Kingdom, connecting millions of users across the country. We are committed to delivering the best online search experience. As part of Dubizzle Group, Bayut is alongside some of the strongest classifieds brands in the market. With a collective strength of 10 brands, we have more than 200 million monthly users that trust in our dedication to providing them with the best platform for their needs.

As the Recovery Officer, you will be responsible for revenue recovery from developers against the invoiced sales from Bayut. You will be meeting developers for timely payments to Bayut.

In this role, you will:

• Prepare and share the daily Reporting & Analysis for Recovery status for all the projects to give visibility to the management and the finance team.
• Bifurcate the developers and projects into Good, Average, and Chronic based on the recovery ratio and make timely escalations of chronic cases to the management to avoid bad debts in the future.
• Follow up and ensure the Ifragh completion.
• Ensure the funds deposit to Developer account and share the report with Finance & Head of Sales.
• Follow up for invoicing the completed units.
• Recover each invoice within Turnaround Time (will be defined in the SOPs).
• Archive the Invoice Copies, Developer Deposits & Acknowledgments, and Recovery for Bayut.
• Realize revenue from Developer to Bayut Account.
• Conduct leg work for recovery-related legal matters for delivery and collection of documents.
• Carry out recovery from Developers and in some cases from clients.

Requirements:

• Bachelor's degree in business administration.
• At least 1-2 years of previous experience in a Real Estate or Recovery role in any industry.
• Proven experience in meeting or exceeding targets.
• In-depth knowledge of commercial avenues.
• Solid understanding of market research and data analysis methods.
• A deep understanding of market services/products.
• Understanding of real estate sales.
• Ability to accurately forecast sales.
• Ability to analyze data to find trends and problems.
• Outstanding communication and interpersonal skills.
• Analytical mind with excellent data collection and analysis skills.
• Excellent organizational and time management skills.
• Strong team orientation and communication skills.
• Adaptability.
• High level of integrity.
• Highly organized and detail-oriented.
• Ability to listen to and speak with clients, sales members, and other managers is essential for effective real estate sales managers.

Benefits:

• High-performing and fast-paced work environment.
• Comprehensive Health Insurance.
• Rewards and recognition.
• Learning & Development.

Bayut is an equal-opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.