Manager - Financial Operations
Listed on 2026-08-17
-
Accounting
Financial Reporting, Financial Compliance, Accounts Receivable/ Collections, Financial Analyst
Empowering Destinations with Sustainable Innovation!
The Red Sea Utilities Company (TRSUC) is a specialized subsidiary under Red Sea Global (RSG), established to provide integrated utility services for RSG’s flagship developments, including The Red Sea Project and Amaala
.
TRSUC is responsible for delivering essential services such as renewable energy, water desalination, wastewater treatment, solid waste management, district cooling, and telecommunications infrastructure. TRSUC is pioneering the development of off-grid, renewable utility systems to ensure that RSG’s destinations are powered entirely by clean energy
TRSUC’s initiatives are integral to Saudi Arabia’s Vision 2030, aiming to diversify the economy and promote sustainable development. By providing state-of-the-art utility services, TRSUC supports RSG’s mission to create regenerative tourism destinations that prioritize environmental stewardship and community well-bein
g.At TRSUC, Where Infrastructure Meets Innovation - For People and Planet.
Job Purpo
Lead and manage the full accounts receivable and billing lifecycle within the Utilities Finance department. Reporting to the Director of Finance, you will ensure accurate and timely invoicing, revenue recognition, and effective collections to optimize cash flow. Additionally, you will drive process improvements, implement automation initiatives, and maintain strict compliance with regulatory requirements and internal contr
ols.Job Responsibilities:
Job Requirem
ents:
AR & Billing Oper
ations
Lead end-to-end billing pro
cesses:
• Finalize end-user agr
eements.
• Collaborate with operations to ensure completeness and accuracy of consumpti
on data.
• Generate and submit final bills to
clients.
• Reconcile payments and close invoices in
SAP ERP.
Manage Collections & Cr
edit Risk
• 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 credi
t policies
Ensure Compliance &am
p;
Controls
• Maintain robust internal controls and ensure adherence to regulatory frameworks specific t
o utilities.
Support internal and exte
rnal audits.
Implement policies and procedures to safeguard
receivables.
Reporting &
amp;
Analysis
• Prepare and pr
esent AR KPIs.
• Provide actionable insights to senior leadership for de
cision-making.
Process Improvement & Technolo
gy Optimization
• Identify process inefficiencies and recomme
nd improvements.
Drive automation initiatives to enhance accuracy
and efficiency.
Optimize systems for billing and colle
ctions processes
Qualifications
Experience:
Bachelor’s degree in Finance, Accounting, or related field (MB
Strong team building and
Excellent communication and negotiation skills for interactions with customers & in
ternal s
Skills:
Experience in
Analytical skills with Excel, data visualization
Utility-specific billing systems or measure
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