Operations Settlement Specialist

About CDHORIZON

CDHORIZON, a global top 100 integrated equipment operation service provider under FEHORIZON, specializes in the construction field. Listed on the Main Board of the Hong Kong Stock Exchange (stock code ****** in 2023, the company focuses on providing multifaceted, multifunctional services throughout the entire life cycle of architectural and construction equipment and materials. CDHORIZON aims to reconstruct the equipment supply chain system to continuously create value for users.

The Role of Operations Settlement Specialist

CDHORIZON is seeking a detail-oriented and analytical Operations Settlement Specialist to join its Operations Team in Riyadh, Saudi Arabia. This full-time role involves managing rental settlements, invoicing, timesheet verification, equipment usage reconciliation, customer account management, and receivables reporting. The specialist will coordinate closely with the Operations, Rental, Sales, and Finance teams to ensure accurate billing, timely settlements, and efficient rental operations.

Key Responsibilities

• Verify lease terms and prepare accurate settlement statements and invoices.
• Ensure rental charges comply with agreed contractual rates.
• Manage timely contract recycling and order review processes.
• Review customer timesheets and reconcile rental hours/days with contracts and system records.
• Identify discrepancies in hours, standby time, overtime, and equipment usage.
• Prepare customer Statements of Account (SOAs) and maintain accurate invoice and payment records.
• Reconcile customer balances and ensure records are updated promptly.
• Prepare accounts receivable and outstanding-balance reports.
• Maintain organized records of contracts, timesheets, settlements, and invoices.
• Coordinate with Sales, Operations, Rental, and Finance teams to resolve discrepancies.
• Support initiatives to improve controls, reporting accuracy, and system efficiency.

Required Skills and Attributes

• Strong attention to detail and analytical skills.
• Proficiency in managing financial settlements and invoicing processes.
• Ability to reconcile complex data from various sources.
• Experience with accounts receivable and customer account management.
• Effective communication and coordination skills for cross-functional collaboration.
• Capability to prepare clear and accurate financial reports.

Work Environment

This full-time position is based in Riyadh, Saudi Arabia, and requires collaboration with various internal departments including Operations, Rental, Sales, and Finance. The role is integral to ensuring the smooth and accurate financial operations of the rental services.