Admin - Collection & AML

Job description / Role

• Manage and execute the collection process for Unit bookings, (including DLD fees and Admin fees), outstanding sales dues, rental payments, and other receivables from clients and stakeholders.
• Plan and Coordinate with the finance department to track and monitor payment schedules, ensuring timely collections.
• Handle customer inquiries related to payment schedules, outstanding balances, and payment methods.
• Work with Customer relation team on customer dunning process.
• Work with legal and accounts departments to initiate necessary actions for non-compliant clients or defaulters’ payments.
• Maintain accurate and up-to-date records of collections, outstanding balances, and related financial transactions.
• Prepare periodic reports on collection performance, aging analysis, and AML compliance to present to management.
• Assist in preparing required documentation and reports for internal and external audits.
• Collaborate with the finance team, legal department, and other stakeholders to resolve payment-related issues and ensure smooth collections.
• Communicate with clients, and tenants to address inquiries related to collections and AML compliance.
• Conduct internal training sessions to educate employees on AML regulations and best practices.
• Continuously identify areas for process improvement within the collection and AML functions and propose actionable solutions.
• Implement automation and digitization to streamline collection procedures and enhance AML compliance measures. In addition to utilizing CRM tool for payment collection tracking and reporting.

• Bachelor's degree in finance, accounting, business administration, or a related field.
• Proven minimum 3 years’ experience in collection management and/or AML compliance within the real estate development or financial industry.
• Strong analytical skills and the ability to interpret financial data.
• Excellent organizational and time-management abilities, with an eye for detail.
• Outstanding communication and interpersonal skills to effectively interact with stakeholders.
• Proficiency in using financial software, CRM Tools, and Microsoft Office Suite (Excel, Word, PowerPoint).

About the Company

Leading real estate company that provides an international standard of excellence to Dubai and the World.

Abdulrahman Al Jaziri and Badr Al Jaziri, who formerly founded Al Jaziri Developments, re-strategized Nabni Development in 2022 with a single objective in mind, creating Dubai’s most sought-after residential and retail properties.

Nabni focuses on four key pillars which are change mindsets, establish credibility, evoke emotions and differentiation.