Recovery Officer

Bayut is the number one property portal in the Kingdom, connecting millions of users across the country. We are committed to delivering the best online search experience. As part of Dubizzle Group, Bayut is alongside some of the strongest classifieds brands in the market. With a collective strength of 10 brands, we have more than 200 million monthly users that trust in our dedication to providing them with the best platform for their needs.

As the Recovery Officer will be responsible for revenue recovery from developer against the invoiced sales from Bayut. He/She will be meeting developers for timely payments to Bayut.

In this role , You will :

• The incumbent will be responsible to prepare and share the daily Reporting & Analysis for Recovery status for all the projects to give visibility to the management and the finance team 
• The developers and projects will be bifurcated into Good, Average and Chronic based on the recovery ratio and Recovery executive needs to make timely escalation of chronic cases to the management to avoid bad debts in future
• Follow up and ensuring the Ifragh completion 
• Ensuring the funds deposit to Developer account and share the report with Finance & Head of Sales
• Follow up for Invoicing the completed units
• Recovery of each invoice within Turnaround Time (will be defined in the SOPs)
• Archiving the Invoice Copies, Developer Deposits & Acknowledgments and Recovery for Bayut
• Revenue Realization from Developer to Bayut Account
• Leg work for recovery related Legal matters for delivery and collection of documents
• This recovery to be carried out from Developers and in some cases from clients.