Finance Officer

2 weeks ago

Riyadh, Ar Riyāḑ, Saudi Arabia كلايد آند كو Full time

Description

Department: Finance

Location: Riyadh

Role Type: Permanent

The Team

The KSA Finance Team is responsible for the day to day management of the commercial and financial operations for the KSA office to ensure the objectives are achieved and data is managed effectively.

Key Responsibilities

Working Capital
  1. Undertake ad-hoc billing responsibilities as required by Finance Manager i.e., generating draft bills, finalising bills on Elite 3E in accordance with Partner instructions and client specific requirements and uploading of invoices to eBilling portals.
  2. Ensuring bills are dispatched in a timely manner.
  3. Using Elite 3E to respond to general matter, invoice or credit note inquiries from internal and external stakeholders.
  4. Matter data verification - checking new files for errors in billing related criteria and chasing for legal teams for corrections.
  5. Liaising with tax team to assess tax treatment of bills / resolving tax related queries from clients.
  6. Liaising with partners / billers in the regional offices to facilitate multi-jurisdictional billing.
  7. Reviewing and utilising client funds as appropriate within billing process (or returned to client if surplus).
  8. Day to day housekeeping to include processing write-offs and closing files.
  9. Participating in billing review meetings with Partners with line manager.
  10. Assisting Finance Manager with billing related queries on Elite 3E, including VAT related enquiries.
  11. Assisting wider Finance team with billing/collection queries regarding receipts and correspondent payments.
  12. Liaising with partners and the KSA finance team to produce accurate monthly billing estimates.
  13. Provision of commercial advice in relation to fee arrangements to ensure that profitability levels are maintained.
  14. Following up with clients on overdue invoices by telephone, email and letter within agreed time scales.
  15. Preparation of client statement of accounts to support the collections process.
  16. Maintaining accurate notes on the aged debtors ledgers which is used to keep a record of outstanding invoices and may be used to manage the scheduling of payment chasing.
  17. Lead and Manage monthly Partner debt meetings.
  18. Provide detailed account reconciliations and ad-hoc debtor reports as required.
  19. Deliver the monthly billing and cash collection targets for the office in conjunction with the KSA finance team and the regional working capital team (to include the processing of all billing and collection related transactions in 3E).
Accounts
  1. Generate AP report and process payments to vendors and several internal bank accounts as required.
  2. Collaborate with KSA petty cash custodians, record in 3E and provide support to resolve queries and unreconciled items.
  3. Uploading and recording AP vouchers for the KSA office while adhering to Tax regulations.
  4. Working closely with the wider AP function to assist with maintaining Fixed Assets, Accruals and Reconciliation reports.
  5. Checking the KSA Bank accounts for incoming receipts and updating the collections report, and recording the relevant AR receipt voucher in 3E.
  6. Resolving unreconciled items after the Bank Reconciliation is conducted.
Ad Hoc
  1. Assist with ad hoc requests where required, including in assisting with projects.

Candidate Requirements

The ideal candidate will:

  1. Have a University degree in Business, Finance or Accounting (an accounting qualification is desirable).
  2. Have experience of working on 3E or Elite Enterprise, or a similar practice management system.
  3. Have 1-3 years of experience working in a similar role within a law firm or other professional services environment.
  4. Have a basic understanding of the principles of VAT and Withholding Tax.
  5. Have excellent attention to detail with a high level of accuracy.
  6. Have intermediate MS Office skills (Excel and Word in particular).
  7. Have excellent written and verbal communication skills.
  8. Have excellent interpersonal skills, with the ability to deal with all levels of staff (particularly at Partner level).
  9. Have excellent organisational skills.
  10. Have strong time management skills with the ability to prioritise key tasks.
  11. Be a team player with the flexibility to work additional hours when required.
  12. Be confident and enthusiastic with high sense of responsibility.
  13. Fluency in Arabic and English languages.

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, MEA

With over 30 years' experience in the region and the largest presence of any international law firm, we pride ourselves on being able to help clients recognise and overcome the challenges of doing business 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 regional operations that include 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 GCC (Gulf Cooperation Council) and wider Levant.

Our deep sector knowledge covers insurance, energy, transport, infrastructure, marine and trade as well as aviation, education, defence, finance, healthcare, hospitality and technology.

#J-18808-Ljbffr

  • Finance Officer Position

    3 days ago

    Riyadh, Ar Riyāḑ, Saudi Arabia كلايد آند كو Full time

    Job DescriptionWe are seeking a highly skilled Finance Officer to join our team. As a key member of the finance department, you will be responsible for managing the day-to-day financial operations of the KSA office, ensuring that all financial objectives are met and data is managed effectively.The ideal candidate will have a strong background in finance,...

  • Executive Finance Officer

    3 days ago

    Riyadh, Ar Riyāḑ, Saudi Arabia Alghad Full time

    Security Forces Hospital - Riyadh seeks an Executive Finance Officer to join our team.About the Role:This role is responsible for providing financial leadership and support to the organization, as well as maintaining accurate and up-to-date financial records.The ideal candidate will have a strong background in finance, excellent analytical skills, and the...

  • Chief Finance Officer

    3 weeks ago

    Riyadh, Ar Riyāḑ, Saudi Arabia Jerome Eliane Partnership Full time

    Get AI-powered advice on this job and more exclusive features.Direct message the job poster from Jerome Eliane PartnershipChief Finance Officer: Sport ChampionshipWe are pleased to have been retained by a Global Sport Championship in their search for a newly created role – Chief Finance Officer. We are seeking a KSA local.Excitingly, this business is still...

  • Chief Corporate Finance Officer

    3 days ago

    Riyadh, Ar Riyāḑ, Saudi Arabia Ultimate Peaks Talent & Strategy Full time

    Chief Corporate Finance OfficerAs Chief Corporate Finance Officer at Ultimate Peaks Talent & Strategy, you will be responsible for leading our corporate finance function. You will develop and execute financial strategies, manage relationships with investors and regulatory bodies, and drive financial automation and cost efficiency initiatives.Key...

  • Chief Finance Officer

    1 week ago

    Riyadh, Ar Riyāḑ, Saudi Arabia State Street Full time

    Bachelor degree in Accounting or Finance.Must have passed the CMA examinations CME 1 Parts 1 and 2.Arabic and English language are necessary.Professional organisation membership / certificationMust have passed the CMA examinations CME 1 Parts 1 and 2.Skills and Experience:Experience in leading a finance function.Extensive experience within Financial...

  • Strategic Financial Development Officer

    2 weeks ago

    Riyadh, Ar Riyāḑ, Saudi Arabia international finance corporation Full time

    About IFCInternational Finance Corporation (IFC) is the largest global development institution focused on the private sector in emerging markets. As a member of the World Bank Group, we work with over 2,000 businesses worldwide to create jobs, spur economic growth, and improve living standards for millions of people.Job DescriptionWe are seeking an Associate...

  • Associate Investment Officer

    2 weeks ago

    Riyadh, Ar Riyāḑ, Saudi Arabia international finance corporation Full time

    international finance corporationIFC a member of the World Bank Group is the largest global development institution focused on the private sector in emerging markets. We work in more than 100 countries, using our capital, expertise, and influence to create markets and opportunities. Our mission is to leverage the power of the private sector to end extreme...

  • Associate Investment Officer

    3 weeks ago

    Riyadh, Ar Riyāḑ, Saudi Arabia international finance corporation Full time

    international finance corporationIFC a member of the World Bank Group is the largest global development institution focused on the private sector in emerging markets. We work in more than 100 countries, using our capital, expertise, and influence to create markets and opportunities. Our mission is to leverage the power of the private sector to end extreme...

  • Finance Office KSA Reinsurance

    3 weeks ago

    Riyadh, Ar Riyāḑ, Saudi Arabia WTW group Full time

    Finance Office KSA ReinsuranceRiyadh, Riyadh Province, Saudi ArabiaJob ID: 202501368Employment Type: Full timeClosing Date: Mar 31, 2025DescriptionTo provide end-to-end finance support and operations for all reinsurance broking business in Saudi Arabia. To manage all aspects of WTW Reinsurance Broking Company LLC business accounting, financial planning,...

  • Chief Finance Officer Job Description

    3 days ago

    Riyadh, Ar Riyāḑ, Saudi Arabia Jerome Eliane Partnership Full time

    As a Chief Finance Officer, you will play a critical role in driving the financial performance and strategy of our client's Global Sport Championship. You will lead a high-performing finance team and collaborate closely with the executive management team to achieve business objectives.This is an excellent opportunity for someone who is passionate about...

  • Senior Finance Manager

    3 days ago

    Riyadh, Ar Riyāḑ, Saudi Arabia Mustashar Accelerator - مسرعة مستشار Full time

    We are seeking an accomplished Senior Finance Manager to lead our team in the Riyadh office. As the Head of Client Finance & Operations, you will oversee a team of 3 specialists and drive business growth by optimizing invoicing and collections activity in the Kingdom.You will be responsible for building a clear strategy, ensuring weekly transparency on team...

  • Finance Office KSA Reinsurance

    3 weeks ago

    Riyadh, Ar Riyāḑ, Saudi Arabia Willis Towers Watson Full time

    To provide end-to-end finance support and operations for all reinsurance broking business in Saudi Arabia. To manage all aspects of WTW Reinsurance Broking Company LLC business accounting, financial planning, reporting and control, including production of business plans, budgets and forecasts.ResponsibilitiesDirect the Finance function across all WTW...

  • Chief Finance Officer MENA

    3 weeks ago

    Riyadh, Ar Riyāḑ, Saudi Arabia SupportFinity™ Full time

    Level Of Education/ QualificationsBachelor degree in Accounting or Finance.Must have passed the CMA examinations CME 1 Parts 1 and 2.Arabic and English language are necessary.Professional organisation membership / certificationMust have passed the CMA examinations CME 1 Parts 1 and 2.Skills And ExperiencePrevious CFO experience in Saudi Arabia...

  • Chief Finance Officer MENA

    3 weeks ago

    Riyadh, Ar Riyāḑ, Saudi Arabia State Street Full time

    Level of Education/ Qualifications:Bachelor degree in Accounting or Finance.Must have passed the CMA examinations CME 1 Parts 1 and 2.Arabic and English language are necessary.Professional organisation membership / certification:Must have passed the CMA examinations CME 1 Parts 1 and 2.Skills and Experience:Previous CFO experience in Saudi Arabia...

  • Chief Finance Officer MENA

    3 days ago

    Riyadh, Ar Riyāḑ, Saudi Arabia State Street Full time

    Level of Education/ Qualifications:Bachelor degree in Accounting or Finance.Must have passed the CMA examinations CME 1 Parts 1 and 2.Arabic and English language are necessary.Professional organisation membership / certification:Must have passed the CMA examinations CME 1 Parts 1 and 2.Skills and Experience:Previous CFO experience in Saudi Arabia...

  • Chief Operating Officer

    3 days ago

    Riyadh, Ar Riyāḑ, Saudi Arabia Imploy Full time

    Job SummaryWe are looking for an experienced Chief Financial Officer to join our team and drive financial success.The successful candidate will have a proven track record in financial leadership, with a strong understanding of financial regulations, risk management, and investment strategies.Key Accountabilities:Strategic Planning: Develop and implement...

  • Senior Finance Officer

    2 weeks ago

    Riyadh, Ar Riyāḑ, Saudi Arabia First Abu Dhabi Bank (FAB) Full time

    First Abu Dhabi Bank (FAB) seeks an experienced AVP, Financial Controller to join our team. As a key member of the Finance department, you will play a vital role in ensuring the accuracy and timeliness of financial records, while maintaining compliance with regulatory requirements.Duties and Responsibilities:Supporting the Head of Finance in ensuring the...

  • Finance Manager

    4 days ago

    Riyadh, Ar Riyāḑ, Saudi Arabia Omanyp Full time

    A global professional services firm with a strong presence across EMEA, this organisation provides top-tier legal services to high-profile clients. With a focus on innovation and compliance, the firm values collaboration and offers opportunities to engage with international teams.Manage the financial operations of the Riyadh office, including tax compliance,...

  • Finance Operations Specialist

    5 days ago

    Riyadh, Ar Riyāḑ, Saudi Arabia كلايد آند كو Full time

    Clyde & Co is a global law firm with over 1800 fee earners, across six continents. We are looking for a highly skilled Finance Officer to join our team in Riyadh. The successful candidate will be responsible for managing the day-to-day operations of our commercial and financial activities in the KSA office.The ideal candidate will have a University degree in...

  • Vice President of Finance

    3 days ago

    Riyadh, Ar Riyāḑ, Saudi Arabia Omanyp Full time

    We are looking for a Vice President of Finance to join our international team in Riyadh.Job SummaryThis is a key leadership role that involves managing the financial operations of Omanyp's Riyadh office, including tax compliance, budget preparation, payroll, and financial reporting.Guarantee VAT and tax compliance, including zakat and withholding...