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.
Requirements
Bachelor’s degree in business administrationAt least 1-2 years previous in Real Estate or Recovery role in any industryProven experience, meeting or exceeding targets.In depth knowledge of commercial avenuesSolid understanding of market research and data analysis methodsA deep understanding of the market services / productsUnderstanding of real estate salesAbility to accurately forecast salesAbility to analyse data to find trends and problemsOutstanding communication and interpersonal skillsAnalytical mind with excellent data collection and analysis skillsExcellent organisational and time management skillsStrong team orientation, communication, creative & analytical skills.AdaptabilityHigh level of integrityHighly organised and detail oriented.Ability to listen to and speak with clients, sales members, and other managers is essential for effective real estate sales managersBenefits
High-performing and fast-paced work environment.Comprehensive Health InsuranceRewards and recognitionLearning & DevelopmentBayut is an equal-opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.
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