Collections Director

23 hours ago

Muscat, Muscat, Oman Talent Arabia - Oman Full time
Head of Collections

The Head of Collections plays a pivotal role in leading the collections, recovery, and remedial functions at Talent Arabia - Oman. This position involves overseeing debt recovery, negotiation, and accounts receivables management to optimize cash flow and minimize bad debts.

About the Role
  • This includes developing and executing strategic plans for collections and remedial activities aligned with regulatory requirements.
  • You will be responsible for managing the Accounts Receivables portfolio effectively, collaborating with internal stakeholders to mitigate credit risks and enhance collection efficiency.
  • The successful candidate will lead and mentor a team of collections professionals, providing guidance, training, and performance evaluations to drive departmental success.
Key Responsibilities
  1. Developing and executing comprehensive debt recovery strategies.
  2. Leading and mentoring a team of collections professionals.
  3. Collaborating with internal stakeholders to ensure effective communication and coordination.
  4. Providing regular progress updates and reports to senior management.
Requirements and Qualifications
  • Bachelor's degree in Finance, Business Administration, or a related field.
  • At least 10 years of progressive experience in collections management within the financial services industry.
  • A strong understanding of risk management principles, financial reporting, and financial planning is essential.
  • A proven track record in debt recovery, negotiation, and accounts receivables management is required.

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