Collection Coordinator
On-site Full time
Riyadh, Riyadh Province, Saudi Arabia
Description
Job Overview:
We are looking for a Collections Coordinator with a quite perfect knowledge of basic bookkeeping procedures and the ability to balance between maintaining trustful relationships with clients and guaranteeing timely payments.
Role and Responsibilities:
Cash Postings:
- Daily postings of total company incoming checks and wire payments to customer AR accounts (resolve
any discrepancies)
- Daily postings of credit card payments to customer AR accounts and reconciling batches to credit card
processor statements
- Daily remote deposit of checks
- Research and reconcile customer accounts with open balances due to cash posting variances
AR Collections:
- Review and mail/email invoices & monthly customer statements
- Contact customers with current balances due and follow up with promises to pay made but not yet
received
Other duties:
- Monitor AR mailboxes and distribute/respond to emails as needed
- Track customer collections activity and correspondence
- Process customer’s credit memo’s
- Recommend policies and/or procedures to management and implement approved procedures and/or
changes.
- Attend and participate in biweekly AR huddles and accounting team meetings
- Assist accounting team with tasks when 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 similar field
- +2 years of experience in the same field
- Ability to work under pressure and meet tight deadlines.
- Excellent report-writing and communication skills.
- Solid proficiency in Microsoft Office, SAP, Odoo , and other financial planning software.
- Fluent Arabic & English speaking, reading, and writing
