AR & Billing Manager
Red Sea Global • Saudi Arabia, Saudi Arabia
This role sits within the Utilities Finance department of a global energy company, specifically within its specialized utilities subsidiary responsible for delivering integrated services — including renewable energy, water desalination, wastewater treatment, solid waste management, district cooling, and telecommunications — across flagship tourism and infrastructure developments in Saudi Arabia.
The Role
The AR & Billing Manager leads the full accounts receivable and billing lifecycle. The position reports to the Director of Finance and carries responsibility for accurate invoicing, revenue recognition, collections performance, and cash flow optimization. The role also covers process improvement, automation, and compliance with regulatory and internal control requirements.
Qualifications
Location
Saudi Arabia.
- Manage end-to-end billing: finalize end-user agreements, coordinate with operations on consumption data accuracy, generate and submit client invoices, and reconcile payments and close invoices in SAP ERP.
- Monitor aging reports, identify delinquent accounts, negotiate payment arrangements, and escalate unresolved cases as required.
- Collaborate with internal stakeholders to define and implement credit policies.
- Maintain internal controls and ensure adherence to utilities-specific regulatory frameworks.
- Support internal and external audits and implement policies to safeguard receivables.
- Prepare and present AR KPIs and provide analysis to senior leadership.
- Identify process inefficiencies, recommend improvements, and lead automation initiatives for billing and collections.
- Bachelor's degree in Finance, Accounting, or a related field. MBA or CPA is an advantage.
- Eight or more years in AR, billing, credit, or collections, with at least three to five years in a managerial role.
- Knowledge of GAAP, receivables internal controls, and relevant regulatory requirements.
- Proficiency in SAP ERP; experience with Oracle and CRM systems is also expected.
- Experience in the utilities sector.
- Analytical capability with Excel, data visualization tools, and reporting platforms.
- Familiarity with utility-specific billing systems or measurement tools.
- Strong team-building, mentoring, communication, and negotiation skills.