Company Name : Al Futtaim Group

Admin. Executive

  • Oman

bayt.com

Job Description

Omani National_Admin. Executive | THRIFTY | Oman

Overview of the role:

The job holder has to supervise and ensure that all corporate & Individual clients are promptly and accurately invoiced. 

Effectively liaise with clients for timely collection to keep the past due amounts within specified limits.

To facilitate a high level of cash-flow and minimize overdue debt along with maximize collection from all debtors

To maximize collection and ensure all debtors are followed-up until settlement.

Finance Executive has to ensure that collections are banked daily. 

 

What you will do:

–   Ensure that all corporate & individual clients are promptly and accurately invoiced.

–   Always Adhere to the Collection Procedures while protecting the interest and reputation of the organization.

–   Achieving the collection target assigned by the management.

–   Regular follow up by emails & Telephones calls with past due customers to ensure the collection of overdue amounts within the earliest cycle preferably within 30 days bucket.

–   Supervise with collection staff from overdue list to monitor and help to resolve difficult cases.

–   Ensure timely transfer / escalation to the relevant department for the necessary legal action by completing all formalities and to follow up until concluding the process.

–   Answer queries from customers related to collections.

–   Prepare & Send Statement of Account for the Debitors on a monthly basis

–   Timely and effective collection of all debts and customers payments.

–   Negotiating re-payment plans according to the company policy.

–   Collecting overdue amount by rigorous follow-up and make sure company money is recovered fully and on time. 

–   Submit a periodical/collection ad-hoc reports to the collections manager on the agreed format.

–   Full responsibility for maintaining a complete collection report by recording details of all interactions with customers.

–   Regular & proper update on the Collection Management Log.

–   Create trust Create & Maintain relationships with debtors when possible, to avoid future issues.

–  Field visits to be performed on case-to-case basis collect payments as and when required.

 

   Daily Banking Activity

–   Ensure daily collections are banked on time

–   Ensure schedule is maintained for PDCs and Credit Card charges to ensure timely recovery of dues

–   Coordinate with AFSS for timely bank reconciliation

 

   Business MIS & Documents Control 

–   Prepare KPI reports for business on a weekly basis

–   Maintain a central database of local tax rules and ensure same information is communicated to AFSS

 

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