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.
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
Bayut is an equal-opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.
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