Debt Recovery Manager

3 days ago


Kuwait City, Al Asimah SLB Full time
Job Summary:

The Trade Receivables Collector role is critical to our company's success, as it involves managing and collecting on a trade accounts receivable portfolio to maximize liquidity and free cash flow.

Main Tasks:
  1. Account Follow-Up: Regularly follow up on assigned accounts to collect outstanding invoices.
  2. Process Optimization: Document and review the customer order to cash process to propose improvements.
  3. Dispute Management: Gather information on invoice disputes, create records, and assign action items for resolution.
  4. Status Updates: Input notes in the collection system regarding submission, resubmission, and transaction approval dates.
  5. Internal Collaboration: Work with stakeholders in Sales, Operations, Tax, and Treasury to support collections and dispute resolution.
  6. Uncollectible Debt Identification: Recommend uncollectible debit balances for expense write-off.
  7. Compliance and Governance: Review aged credit balances to ensure adherence to SLB's escheatment policy.

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