Project Financial Director
4 days ago
The Project Financial Director will oversee all financial aspects of client invoicing, payment collection, and project finance tracking. This role ensures timely invoice issuance, robust follow-up on outstanding payments, and accurate reporting of revenue and cash flow status. The ideal candidate must have 2-3 years of experience in Saudi Arabia's consulting industry, be fluent in Arabic and English, and possess a strong background in finance and negotiation.
Main Responsibilities- Invoicing & Revenue Management: Generate, review, and distribute project invoices to clients using ERP systems. Track invoice issuance dates, payment terms, and follow up regularly to ensure timely payment.
- Collection & Follow-Up: Engage directly with clients to discuss outstanding payments, address concerns, and negotiate feasible payment schedules. Maintain an up-to-date collection tracking sheet for real-time visibility of overdue invoices and next steps.
- Collaboration with Project Managers: Liaise with project teams to confirm milestones reached and invoicing triggers, preventing missed billing opportunities. Provide regular status updates to Project Managers on payment progress and escalate issues when needed.
- Reporting & Analysis: Compile monthly cash flow projections based on expected payment dates. Provide insights on potential payment risks, suggest strategies to mitigate overdue receivables, and recommend process improvements.
- Financial Compliance & Documentation: Ensure all financial documentation aligns with internal policies and local regulations. Prepare audit-friendly records capturing client confirmations, negotiation summaries, and final settlement terms.
- Negotiation & Dispute Resolution: Employ strong negotiation tactics to resolve payment disputes swiftly and amicably, securing the best possible outcomes for HUED.
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