Job Vacancy: Credit Collection Officer at Al Mulla Group
Company: Al Mulla Group
Location: Kuwait City, Al Asimah, Kuwait
Position: Credit Collection Officer
Job Description:
Al Mulla Group, a leading business conglomerate in Kuwait, is seeking a detail-oriented Credit Collection Officer to join our finance team. The Credit Collection Officer will be responsible for managing and collecting overdue accounts to ensure the company’s cash flow remains healthy. This role is crucial in maintaining positive relationships with clients while ensuring that outstanding debts are settled promptly.
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Job Responsibilities:
- Monitor and review overdue accounts to ensure timely payment of invoices.
- Contact customers via phone, email, or mail to follow up on outstanding payments.
- Negotiate payment plans and settlements with customers to recover outstanding debts.
- Maintain accurate records of all communications and transactions related to collections.
- Coordinate with the sales and customer service teams to resolve any disputes or issues that may be delaying payment.
- Prepare and send regular reports on the status of collections and outstanding accounts to the finance manager.
- Recommend and implement strategies to improve the efficiency and effectiveness of the collections process.
- Escalate cases of non-payment to the legal department when necessary.
- Provide excellent customer service to maintain positive relationships with clients.
- Stay updated on relevant laws and regulations concerning debt collection practices in Kuwait.
Education and Qualification:
- Bachelor’s degree in finance, accounting, business administration, or a related field.
- Minimum of 2–3 years of experience in credit collection or accounts receivable.
- Strong negotiation and communication skills.
- Proficiency in Microsoft Office, particularly Excel.
- Knowledge of credit collection laws and practices in Kuwait is an advantage.
- Ability to work under pressure and meet tight deadlines.
Salary & Benefits:
- Competitive salary based on experience and qualifications.
- Comprehensive health insurance coverage.
- Annual leave and public holidays as per Kuwait labor law.
- Opportunities for professional development and career advancement within the company.
- Performance-based bonuses and incentives.
Conclusion:
The Credit Collection Officer at Al Mulla Group plays a vital role in ensuring the company’s financial stability by effectively managing overdue accounts. This is an excellent opportunity for individuals who have a knack for negotiation and are looking to advance their careers in the finance sector.
How to Apply:
Interested candidates are encouraged to apply by sending their updated resume and a cover letter to careers@almullagroup.com. Please include “Credit Collection Officer Application” in the subject line of your email.
FAQs:
1. What experience is required for this position?
A minimum of 2–3 years of experience in credit collection or accounts receivable is required.
2. Is there room for growth within the company?
Yes, Al Mulla Group offers opportunities for professional development and career advancement.
3. How can I apply?
You can apply by sending your resume and cover letter to careers@almullagroup.com.
4. What benefits are offered?
We offer a competitive salary, health insurance, annual leave, and performance-based bonuses.
5. Is knowledge of Kuwaiti law required?
While not mandatory, knowledge of Kuwaiti credit collection laws is an advantage.
