Accounts Collection Specialist

Overview:

Marmi Engineering Co. W.L.L. is on the lookout for a diligent and experienced Accounts Collection Specialist to join our finance team. The chosen candidate will be responsible for managing and executing the collection of outstanding invoices and payments from clients. This role requires a blend of negotiation skills, customer service orientation, and a firm understanding of financial policies and procedures.

Key Responsibilities:

Invoice Management:

• Monitor and manage outstanding invoices, ensuring accurate billing processes.
• Generate and send out invoices and account statements to clients promptly.

Debt Collection:

• Develop and implement effective collection strategies to reduce the number of overdue accounts.
• Contact clients via phone, email, and in-person meetings to negotiate payment arrangements on past due accounts.

Record Keeping:

• Maintain up-to-date records of all communication with clients regarding billing and collections.
• Prepare weekly and monthly reports on the status of outstanding accounts and collection efforts.

Customer Service:

• Provide excellent customer service while addressing client queries and concerns related to invoices and payments.
• Work closely with the customer service and sales departments to resolve billing disputes.

Compliance and Best Practices:

• Ensure all collection activities comply with company policies and legal regulations.
• Stay informed about best practices in collections, applying new methods to improve the efficiency of collection processes.

Liaison with Legal:

• Coordinate with the legal department or external legal counsel as necessary for accounts requiring legal action.
• Assist in preparing documentation and evidence for legal cases related to collections.

Qualifications:

• Bachelor’s degree in Finance, Accounting, or related field.
• Proven experience in accounts receivable and collections, preferably in the construction, engineering, or design industry.
• Strong understanding of billing and collections procedures.
• Excellent communication and negotiation skills.
• High level of accuracy and attention to detail.
• Proficient in accounting software and MS Office Suite.
• Ability to handle sensitive information confidentially.

Application Process:

• Submit Your Application: Apply via our online careers portal with your resume and a cover letter highlighting your collection experience.
• Review and Shortlisting: Applications will be reviewed to identify the most suitable candidates.
• Interview Process: Shortlisted candidates will be invited for interviews to further assess their expertise and fit for the role.
• Offer: Successful candidates will be extended an offer to join our finance team.

Job Type: Full-time

Education:

• Bachelor's (Preferred)

Application Deadline: 30/04/2024