Collections Manager
Procapita Group
Job description
About the role
An experienced Collections Manager is sought to oversee collections operations, lead debt recovery initiatives and manage outstanding receivables. The role suits someone with a background in collections, credit control and receivables management who can lead teams, build collection strategies and meet recovery targets while complying with regulations.
Key responsibilities
- Oversee daily collections operations and ensure timely recovery of outstanding payments.
- Develop and implement collection strategies to improve recovery rates and reduce overdue receivables.
- Lead, supervise and develop the collections team, ensuring individual and departmental targets are met.
- Monitor collection performance, recovery rates, overdue accounts and KPIs.
- Manage escalated cases, negotiate repayment arrangements and resolve complex payment issues.
- Review outstanding receivables and identify ways to improve efficiency and reduce delinquency.
- Coordinate with other departments and legal teams on debt recovery and escalated cases.
- Ensure compliance with Kuwait regulations, legal procedures and company policies.
- Prepare periodic collection reports, performance analyses and management updates.
- Recommend improvements to collection processes, systems and operational efficiency.
Required profile
- Bachelor's degree in Business Administration, Finance, Accounting or a related field.
- 5-8 years of experience in collections, credit control, debt recovery or receivables management.
- Minimum 2-3 years in a managerial or leadership role.
- Proven experience managing collections teams and achieving targets and KPIs.
- Good understanding of Kuwait regulations and legal procedures related to collections.
- Strong negotiation, communication, analytical and decision-making skills.
- Good command of Arabic and English; Kuwaiti nationality is required.
- Experience in automotive, leasing, financing or instalment sectors is highly preferred.
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Published 7 hours ago
Expires 1 month from now
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Procapita Group