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Collection Specialist

Job in Riyadh, Riyadh Region, Saudi Arabia
Listing for: Smart Technology Solutions
Full Time position
Listed on 2026-10-29
Job specializations:
  • Accounting
    Accounts Receivable/ Collections, Accounting & Finance, Financial Analyst, Financial Reporting
  • Finance & Banking
    Accounts Receivable/ Collections, Accounting & Finance, Financial Analyst, Financial Reporting
Salary/Wage Range or Industry Benchmark: 60000 - 100000 SAR Yearly SAR 60000.00 100000.00 YEAR
Job Description & How to Apply Below
Accounts Receivable and Collections
  • Review customer accounts and receivables aging reports daily to prioritize collection activities.
  • Follow up on due and overdue invoices through calls, emails, and meetings.
  • Secure payment commitments and track payments against agreed dates.
  • Record collection activities, customer responses, and payment commitments in the ERP system.
  • Follow up on returned payments, failed transfers, and disputed invoices.
  • Escalate overdue accounts, missed commitments, and collection risks to management.
Customer Relationships and Dispute Resolution
  • Maintain relationships with customers and their finance teams.
  • Respond to inquiries about invoices, statements of account, payments, and outstanding balances.
  • Investigate payment delays and coordinate solutions with Sales, Operations, and Finance.
  • Reconcile customer accounts and resolve payment discrepancies.
  • Verify invoices and supporting documents before collection follow-up.
  • Coordinate credit notes, debit notes, and account adjustments through the required approval process.
Reporting and Forecasting
  • Prepare weekly and monthly reports on collections, overdue balances, and account status.
  • Identify aging trends and accounts requiring management attention.
  • Prepare cash collection forecasts based on payment commitments and account history.
  • Recommend actions to improve collection performance and reduce overdue receivables.
  • Maintain records and supporting documentation for reporting and audit purposes.
Compliance and Controls
  • Follow company collection policies, approval requirements, and internal controls.
  • Protect customer and company financial information.
  • Support internal and external audits related to receivables and collections.
  • Conduct collection activities in line with applicable Saudi regulations and company procedures.
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