hireejobsgulf
Register for Job

Collection Officer

3.00 to 4.00 Years   Doha, Qatar   18 Aug, 2022
Nasser Bin Khaled and Sons
1 Jobs Openings
Job LocationDoha, Qatar
EducationBachelor's degree / higher diploma
SalaryNot Mentioned
IndustryTravel Agency; Automotive Dealership & Distributor; Automotive Repair, Spare Parts, & Support Services
Functional AreaNot Mentioned

Job Description

  1. Taking ownership of all credit and collection activities in the assigned department(s)/account in order to maintain total receivables at its lowest possible level according to department?s goal and management directions with keeping all stakeholders updated.
  2. Proactively reaching out customers to follow up overdue invoices and bounced cheques. Manages overdue accounts thru various collection efforts including calls, emails and direct visits. Advising customers on their payment options and suggesting methods of payments to encourage timely payments.
  3. Resolve customer?s disputes including, submitting requested statement of accounts, missing invoices, billing details, reconciliation confirmation, delivery disputes and customer credit issues by appropriate communication with Credit and Sales as well as all other internal parties involved.
  4. Maintain updated collection log (including promise to pays, and scheduled / planned actions), payment behavior records, up to date reconciled accounts (in coordination with Accounts Team), receivables status progress, ageing reports and other receivables reports as might be required by the management. As well as, arranging the outside supporting activity of company messenger/outside collector as applicable. Ensure that reports, relevant communications and approvals are properly archived (hard and soft copy) and orderly managed based on standards set by the Department.
  5. Identify problem customers given their payment behavior and or market information. Report them to Department Management for early actions. Do the needful to propose, obtain necessary approval, prepare and communicate balance confirmation, payment demand letters, warning letters, legal action requests, provision calculations as well as write off actions according to collection policy and or as required.
  6. Evaluate new credit requests/applications using internal/external information sources appropriate to the level of exposure. Approve or recommend decision according to Group approving matrix. Overall management of the active credit limits including blocking delinquent accounts, notifying Sales regarding close to expire / expired limits, authorizing new limits in system as well as handling limits renewal/expansion request.
  7. Actively look for ways to improve processes and policies, participate and contribute to various Departmental initiatives to help improve efficiency and productivity, including department reports and other tasks assigned by the direct manager. maintain department?s various databases, such as legal cases and CRs database by keeping it up to date and ready for department use at all times.

Keyskills :

APPLY NOW

Related Jobs

© 2023 HireeJobsGulf All Rights Reserved