Collections Accountant

About Sabbour Consulting:

Since 1957, Sabbour Consulting has been at the forefront of engineering and design innovation across Egypt and the region. As one of the leading multidisciplinary consulting firms, we offer full-spectrum services in project management, design, supervision, and value engineering. Our commitment to excellence and technical rigor has shaped some of the most prominent infrastructure, residential, and commercial projects in the region.

Job Purpose

Managing customer accounts, monitoring outstanding receivables, and ensuring the timely collection of payments in accordance with contractual payment terms. The role supports the organization's cash flow by proactively following up on outstanding invoices, resolving customer payment issues, minimizing overdue receivables, and maintaining accurate collection records and reports.

Key Responsibilities

1. Monitor customer accounts and follow up on outstanding invoices to ensure timely collections.
2. Track customer receivables, update collection status, and maintain accurate records of outstanding balances.
3. Communicate with customers through calls, emails, meetings, and site visits to secure payments and resolve collection-related issues.
4. Review customer contracts to ensure collections are carried out in accordance with agreed payment terms and milestones.
5. Conduct proactive follow-up with customers before invoice due dates to minimize payment delays.
6. Maintain documented evidence of all communications and collection activities.
7. Prepare periodic reports including collections performance, Accounts Receivable Aging, daily collections, and forecasted collections.
8. Investigate and resolve customer disputes affecting payments by coordinating with internal departments.
9. Escalate overdue accounts to management, highlighting reasons for delays and recommending recovery actions.
10. Analyze customers with recurring payment delays and recommend strategies to improve collection performance.
11. Monitor compliance with contractual collection periods and payment schedules.
12. Support the Finance Department in maintaining healthy cash flow through effective receivables management.
13. Prevent the accumulation of bad debts by ensuring timely and consistent follow-up.
14. Ensure compliance with company financial policies, internal controls, and confidentiality requirements.
15. Perform any other duties assigned by the Finance Manager within the scope of the role.

Qualifications

• Bachelor's degree in Accounting, Commerce, Finance, or a related field.
• Minimum 5 years of experience in accounting, with at least 3 years in collections or accounts receivable.
• Previous experience in an engineering consultancy or construction company is highly preferred.
• Professional accounting certifications are an advantage.
• Strong knowledge of Accounts Receivable and collection processes.
• Good understanding of contracts, payment terms, and billing procedures.
• Proficiency in Microsoft Excel and ERP/accounting systems.
• Ability to prepare collection reports and analyze receivable aging.
• Strong financial analysis and reconciliation skills.