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Collection Supervisor

Date:  10-Oct-2021
Location: 

Riyadh, SA

Company:  Arabian Business Machines Comp
Department:  Financial Management
Sub Department:  Finance and Accounting - Collecting
Number of Openings: 

Short Description (Role Purpose)

Collection supervisors oversee the financial collection department of a company and are responsible for the correct invoicing of clients and the timely receiving of payment. They also observe and review the interactions of staff members with clients to ensure that collections are done according to company policies and regulations.

Job Accountabilities & Activities

Strategy and polices

  • Implementing a strategy to improve the collection of outstanding credit.

  • Implementing collection policies and procedures to avoid excessive outstanding credit.

  • Ensuring that the company policy on recoveries is followed and that it is in line with state and federal regulations.

payment collection

  • Implementing deadlines for invoicing and payment collection.

  • Negotiating with customers in cases when non-payment occurs.

​​​​​​​Reporting

  • Preparing monthly feedback reports on payment collections.

​​​​​​​Training

  • Remaining informed of any legislative procedural training regarding debt collection.
  • Training and mentoring of staff members in the collections department.
  • Overseeing staff members and ensuring the accurate and timely invoicing of customers.

Education & Certifications

Diploma / bachelor’s degree in Finance/Accountant or a related field.

Required Years of Experience

4-5 years of experience in collections.

Working Environment