Collection Administrator – UAE National

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Job Description

Role Purpose:
 The Collection Administrator support and assist the Center Administrator in verifying and ensuring integrity, completeness and efficiency of collections related to tenants and customers. The role also ensures that all collection transactions are in compliance with applicable taxes and regulations and the correctness and accuracy as well as completeness of information recorded in accounting system. 
Role Details – Key Responsibilities and Accountabilities:
Some of the key priorities include the following:Business Insights & SupportEnsure efficient coordination and timely support to leasing/asset management/CRM on collection matters according to business requirements.Support the business units and management on all queries and provide debtors statement as and when required.Ensure effective and efficient communication channels with the tenants or CRM in connection to any financial issue, requirement, or inquiry.Build and maintain a strong relation with stakeholders especially clients and government agencies.Coordinate with legal department on collection matters related to legal notices and provide support and accurate information.Prepare weekly update on collections and delays to provide it to decision makers.   Financial Reporting and Transaction ProcessingValidate and record day to day collections and related accounting transactions ensuring:Adequacy of supporting documents,Proper authorizations are in place,Correctness and completeness of information recorded in the systemCorrectness and appropriate selection of the accounting treatment, andProper selection of GL accounts and Billing Codes. Support in monthly closing process through predefined checklistBook tenant, clients receipts and bounced cheques on timely basis.Prepare tenants’ accounts reconciliations as well as follow-up on pending issues until resolved.Assist in preparing ad-hoc analysis, financial reporting, and other various tasks related to areas of responsibility.ComplianceEnsure that collections and follow up with debtors is in compliance with International financial Reporting Standards and local regulations as well as MAFP applicable financial policies and procedures.Ensure compliance with applicable tax laws and regulations related to his / her section.
Functional/Technical Competencies
Knowledge of IFRS/IAS and local regulations relating to accounts receivable and revenue area preferably in Real Estate industry.Knowledge of computer applications (especially MS Excel) and business solutions software skills at an intermediate level.Experience in working with Oracle, SAP, Yardi and/or JDE is a plus.
Personal Characteristics and Required Background:
 Personal characteristicsAnalytical skills.Initiative, detail oriented and self-motivated team player.Should possess excellent interpersonal and communication skills.Should possess a high degree of efficiency and integrity. Minimum experienceMinimum of 2 years’ experience in A/R Accounting. Minimum Qualifications/educationBachelor’s degree in accounting or finance.