Collection Manager
Lawazem
Località del lavoro
Riyadh
Stato di occupazione
Tempo pieno
Dettagli del lavoro
Job Overview:
We are seeking a highly skilled Collection Coordinator to join our team at Lawazem. The ideal candidate will possess a strong understanding of financial procedures and excellent communication skills to maintain trustful relationships with clients.
Key Responsibilities:
• Cash Postings and Reconciliation:
• Perform daily postings of total company incoming checks and wire payments to customer accounts receivable (AR) accounts, resolving any discrepancies.
• Reconcile daily credit card payments to customer AR accounts and batches to credit card processor statements.
• Process daily remote deposits of checks.
• Research and reconcile customer accounts with open balances due to cash posting variances.
Accounts Receivable Collections:
• Review and mail/email invoices and monthly customer statements.
• Communicate with customers regarding current balances due and follow up on promises to pay made but not yet received.
Additional Duties:
• Monitor AR mailboxes and respond to customer inquiries as needed.
• Track customer collections activity and correspondence.
• Process customer credit memos.
• Recommend policies and procedures to management and implement approved changes.
• Participate in biweekly AR huddles and accounting team meetings.
• Assist the accounting team with tasks as needed.
• Maintain Excel spreadsheets and reports on collection successes and issues.
• Maintain monthly past due tracking lists on the status of delinquent accounts.
Requirements:
• High school diploma or Bachelor's degree in a related field.
• At least 2 years of experience in a similar role.
• Ability to work under pressure and meet deadlines.
• Excellent written and verbal communication skills.
• Proficiency in Microsoft Office, SAP, and other financial planning software.
• Fluency in Arabic and English, with strong reading, writing, and speaking skills
