Cash Recovery Specialist

9 hours ago


Kuwait City, Al Asimah SLB Full time

SLB is seeking a highly motivated Cash Recovery Specialist to join our team. The ideal candidate will be responsible for managing and collecting on a trade accounts receivable portfolio, with the purpose of maximizing liquidity and free cash flow.

Key Responsibilities:
  1. Ensure timely collection of accounts receivable through regular follow-up on assigned accounts, aligning with departmental and personal objectives.
  2. Document and review the customer order to cash process to propose opportunities for improvement in efficiency.
  3. Collect outstanding invoices, gathering information on disputes and creating records for distribution and resolution.
  4. Input notes in the collection system regarding submission, resubmission, and transaction approval dates for clear understanding of AR status.
  5. Record disputes in the collection system and assign clear action items for dispute owners.
  6. Identify delinquent accounts and take preventive measures, or initiate communication with stakeholders for assistance or escalation.
  7. Maintain contact with customer AP departments through calls, notices, and account statements.
  8. Collaborate with internal stakeholders to support collections, proper cash application, and timely dispute resolution.
  9. Recommend uncollectible debit balances for expense write-off and work with the Controller to clear balances.
  10. Research portfolios for duplicate payments and submit refund requests where applicable.
  11. Review aged credit balances to ensure adherence to SLB's escheatment policy.

The ideal candidate should have a fresh graduate degree and relevant skills and qualifications.



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