We are seeking an experienced Debt Recovery Officer to action and
supervise provision of a professional pre-litigation debt recovery for
Clyde & Co LLP across the MENA region and when required, globally.
Our DRO will support the growth of the Debt Recovery practice in MEA
by growing the recoveries portfolio domestically and internationally.
This role will also support the Regional Finance Group in the MEA
region to improve collections of bad debts, by carrying out debt
recovery procedures through litigation & pre-litigation, including
debtors' meetings, site visits and skip tracing.
The Team
Our debt recovery team has many years' experience acting as counsel
for IATA, including its member airlines, against major clearing banks
over liability to account for trust monies arising from ticket sales,
as well as for related debt recovery actions, and asset tracing,
against defaulting travel agents.
We also have wide experience in debt recovery actions (including
asset seizures and bankruptcy proceedings), across multiple
jurisdictions including Afghanistan, Bahrain, Dubai, France, Hong
Kong, Italy, Mainland China, Moldova, Philippines, Russia, Spain,
Taiwan, Thailand, UAE, UK, Ukraine and the US.
Key responsibilities
Keep track of assigned accounts to identify outstanding debts.
Plan course of action to recover outstanding payments.
Locate and contact debtors to inquire of their payment status.
Negotiate payoff deadlines or payment plans.
Drafting legal notices, agreements, demands and claim forms.
Handle questions or complaints, investigate queries and resolve discrepancies.
Create trust relationships with debtors, when possible, to avoid
future issues.
Update account status and database regularly.
Alert superiors of debtors unwilling or unable to pay when necessary.
Comply with the firm and the SRA policies, procedures, and risk
requirements when legal action is unavoidable.
Reviewing matter documentation (all aspects of documents) to
assess issues, deliverables, disputes, risk and liability and judge recoverability.
Using knowledge and initiatives to reach amicable solutions to
settling debts on behalf of the firm, considering circumstances of
the matter and any risk possibility incurs.
Developing recovery strategy in collaborations with the partners
for achieving recoveries.
Reliably flexible to commute.
Apply payments and perform allocations of the paid invoices to
client accounts as necessary.
Will work with Credit, collections, billing, and other internal
teams as it relates to cash application process.
Prepare and circulate collection report(s) on daily basis.
Candidate Requirements
Graduate of BSC Accounting, Finance or equivalent.
At least 0-2-year experience in Accounts Receivables, Credit
Control and Debt Recovery, preferably within the
banking/professional services industry.
Compliant with relevant experience of recovery practice and laws.
Excellent communication skills, both written and oral;
multi-lingual is a must (English & Arabic)
Proactive approach and an ability to deal with debtors appropriately;
Strong interpersonal skills and the ability to work with all
levels of seniority and designations.
Strong commercial acumen.
Ready to join the firm
Additional Skills and Abilities
Strong listening and attention to detail skills.
Results focused.
Creative problem solver.
Ethical and fair negotiator
Benefits:
Well know international Law Firm, more than 30 years in the UAE Market
Medical insurance
Life insurance cover
Pension Scheme
Wellbeing initiatives all over the year
Education Support
Clyde & Co
Clyde & Co is a global law firm which has quadrupled in size over
the past decade.Revenues from the firm's 50+ offices* worldwide rose
to £627million for the last financial year.The firm has over 1800 fee
earners, across six continents, with 4000 staff advising corporates,
financial institutions, private individuals and governments.
Clyde & Co in the Middle
East and Africa
With over 30 years' experience in the region and the largest presence
of any international law firm in the Middle East, we pride ourselves
on being able to help clients recognize and overcome the challenges of
doing business in the Middle East and Africa.
In the Middle East, our more than 40 partners and 150 legal
professionals work from four offices located across the region. Our
Dubai office acts as a central hub for our Middle East and Africa
regional operations that include, in the Middle East, offices in Abu
Dhabi in the UAE, Doha in Qatar and Riyadh in Saudi Arabia. Our large
regional presence enables us to support our clients across the full
spectrum of their corporate and commercial needs throughout the AGCC
(Cooperation Council for the Arab States of the Gulf) and wider Levant.
Our deep sector knowledge covers insurance, energy, transport,
infrastructure, marine and trade as well as aviation, education,
defense, finance, healthcare, hospitality and technology.
