Project Financial Director
4 days ago
Job Summary:
We are seeking a highly skilled Project Financial Controller to join our team at Arab National Bank in Riyadh, Saudi Arabia. As a key member of our project finance department, you will be responsible for overseeing all financial aspects of client invoicing, payment collection, and project finance tracking.
- Invoicing & Revenue Management:
Generate, review, and distribute project invoices to clients using ERP systems (e.g., Odoo). Track invoice issuance dates, payment terms, and follow up regularly to ensure timely payment. - Collection & Follow-Up:
Engage directly with clients (Arabic- and English-speaking) to discuss outstanding payments, address concerns, and negotiate feasible payment schedules. Arrange meetings with clients and project managers to discuss challenges in clearing payments. Maintain an up-to-date collection tracking sheet, ensuring 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 and Araamis. Maintain professional relationships with client finance counterparts, safeguarding ongoing partnerships.
About You:
- Experience:
A minimum of 2-3 years of experience in the consulting industry, specifically in project finance or financial controlling, preferably in Saudi Arabia. - Technical Skills:
Familiarity with invoicing systems and ERP platforms (e.g. Odoo, SAP, Oracle, or similar). Competence in analyzing financial data, generating real-time updates, and ensuring data integrity. - Finance & Negotiation Skills:
Solid understanding of financial processes, including revenue recognition, cash flow management, and basic accounting principles. Assertive communicator with strong negotiation skills, capable of handling overdue payments diplomatically yet firmly. - Language & Communication:
Fluent in Arabic (for local client interactions) and English (for internal reporting and multinational clients). Clear, concise communication style, both written and verbal, suitable for client-facing roles. - Project Management Capability:
Ability to collaborate with cross-functional teams and balance multiple project demands simultaneously. Knowledge of basic project life cycle milestones to understand when invoicing triggers occur.
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