Recovery Specialist (تحصيل)

Bayut | dubizzle; Riyadh; On-site; SAR 200,000 - 300,000; Full time

Job summary

A leading property portal in the Kingdom is seeking a Recovery Officer in Riyadh. The role involves revenue recovery from developers against invoiced sales. Responsibilities include preparing recovery reports, analyzing project statuses, ensuring timely payments, and managing legal recovery matters. Candidates should have a bachelor's degree in business administration and 1-2 years of experience in relevant fields. The company offers a high-performing work environment with comprehensive health insurance and learning opportunities.

Benefits

Comprehensive Health Insurance

Rewards and recognition

Learning & Development

Qualifications

• 1-2 years experience in Real Estate or Recovery role.
• Proven experience of meeting or exceeding targets.
• In-depth knowledge of market research and data analysis.

Responsibilities

• Prepare and share daily reporting & analysis for recovery status.
• Bifurcate developers and projects based on recovery ratio.
• Ensure timely escalation of chronic cases to management.
• Deposit funds to developer accounts and share reports.

Skills

Outstanding communication skills

Analytical mind

Time management skills

Data collection skills

Team orientation

Education

Bachelor's degree in business administration

Job description

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 will be responsible for revenue recovery from developer against the invoiced sales from Bayut. He/She will be meeting developers for timely payments to Bayut.

In this role , You will :

• The incumbent will be responsible to prepare and share the daily Reporting & Analysis for Recovery status for all the projects to give visibility to the management and the finance team
• The developers and projects will be bifurcated into Good, Average and Chronic based on the recovery ratio and Recovery executive needs to make timely escalation of chronic cases to the management to avoid bad debts in future
• Follow up and ensuring the Ifragh completion
• Ensuring the funds deposit to Developer account and share the report with Finance & Head of Sales
• Follow up for Invoicing the completed units
• Recovery of each invoice within Turnaround Time (will be defined in the SOPs)
• Archiving the Invoice Copies, Developer Deposits & Acknowledgments and Recovery for Bayut
• Revenue Realization from Developer to Bayut Account
• Leg work for recovery related Legal matters for delivery and collection of documents
• This recovery to be carried out from Developers and in some cases from clients.

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

• 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.

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