As the Recovery Officer will be responsible for revenue recovery from developer against the invoiced sales. He/She will be meeting developers for timely payments to the company
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.
Requirements
- Bachelor's degree in business administration
- At least 1-2 years previous in Real Estate or Recovery role in any industry
- Proven experience, meeting or exceeding targets.
- In depth knowledge of commercial avenues
- Solid understanding of market research and data analysis methods
- A deep understanding of the market services/products
- Understanding of real estate sales
- Ability to accurately forecast sales
- Ability to analyse data to find trends and problems
- Outstanding communication and interpersonal skills
- Analytical mind with excellent data collection and analysis skills
- Excellent organisational and time management skills
- Strong team orientation, communication, creative & analytical skills.
- Adaptability
- High level of integrity
- Highly organised and detail oriented.
- Ability to listen to and speak with clients, sales members, and other managers is essential for effective real estate sales managers
