Manager Financial Operations
📣 Job Ad| Contract Type | Full-time | |
| Workplace type | On-site | |
| Location | Saudi Arabia |
Job Description
About the Role
Red Sea Global is seeking a Manager - Financial Operations to lead and manage the full accounts receivable and billing lifecycle within the Utilities Finance department. This full-time role reports to the Director of Finance and is critical for ensuring accurate and timely invoicing, revenue recognition, and effective collections to optimize cash flow. The manager will also drive process improvements, implement automation initiatives, and maintain strict compliance with regulatory requirements and internal controls.
Key Responsibilities
- Finalize end-user agreements.
- Collaborate with operations to ensure completeness and accuracy of consumption data.
- Generate and submit final bills to clients.
- Reconcile payments and close invoices in SAP ERP.
- Monitor aging reports and identify delinquent accounts.
- Negotiate payment arrangements with overdue customers.
- Escalate unresolved cases promptly.
- Collaborate with stakeholders to define and implement optimal credit policies.
- Maintain robust internal controls and ensure adherence to regulatory frameworks specific to utilities.
- Support internal and external audits.
- Implement policies and procedures to safeguard receivables.
- Prepare and present AR KPIs.
- Provide actionable insights to senior leadership for decision-making.
- Identify process inefficiencies and recommend improvements.
- Drive automation initiatives to enhance accuracy and efficiency.
- Optimize systems for billing and collections processes.
Experience and Qualifications
- 8+ years of relevant experience.
Work Type
This is a full-time position.
Application Process
Salary for this position will be disclosed during the application process.
Requirements
- No experience required
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