Oliver Wyman - IMEA FP&A Analyst (Accounts Receivable) - Riyadh

Company:

Oliver Wyman

Description:

Oliver Wyman is now looking to recruit a FP&A Analyst - Accounts Receivable to join our Middle East office and be part of our IMEA (India Middle East Africa) team!

This role will be based out of our Riyadh office.

Job Overview:

This is an exciting role within our expanding IMEA FP&A team to support business in collecting outstanding accounts receivable across our public and private sector clients.

Key Responsibilities:

• Ensure accurate delivery and uploading of invoices to designated client and government portals, including Etimad, Zakat Authority, PIF, Saudi Aramco, SAMA and Mission and initiative affairs portal and ad hoc requests for the other portals

• Proactively follow up with clients via email, phone, and in-person interactions when necessary, demonstrating a strong sense of urgency to promptly resolve payment delays.

• Build and maintain strong relationships with client contacts, particularly procurement teams, to thoroughly understand their payment and approval workflows. Document these processes for future reference and actively share insights with internal stakeholders to raise awareness of any critical nuances.

• Collaborate closely with internal finance teams to coordinate invoice reissuance and ensure timely submission to client teams, including updates in all relevant portals.

• Identify potential administrative roadblocks early in the process and escalate payment delays or unresolved issues promptly to management and project teams.

• Liaise with the cash application team to ensure payments received are accurately and timely applied to invoiced amounts.

• Identify root causes of delays on key accounts and assist manager to help develop improvement plans to reduce AR aging.  Identify process improvements and automation opportunities within the accounts receivable function to enhance efficiency where possible

• Provide regular status updates to management, including KPIs such as DSO (Days Sales Outstanding), exposure to accounts receivable reserves, and identification of high-risk issues

Skills and Attributes:

• Arabic is essential for this role and fluent in English.

• Ability to work effectively with cross-functional teams including finance and project teams

• Must have outstanding interpersonal skills, in a demanding and challenging diverse work environment.

• Ability to manage and prioritise multiple tasks with little supervision.

• Basic understanding of Excel is preferred.

• Driving license is preferred but not essential.

• Flexible attitude, hard-working and results-driven

Oliver Wyman, a business of Marsh McLennan (NYSE: MMC), is a management consulting firm combining deep industry knowledge with specialized expertise to help clients optimize their business, improve operations and accelerate performance. Marsh McLennan is a global leader in risk, strategy and people, advising clients in 130 countries across four businesses: Marsh, Guy Carpenter, Mercer and Oliver Wyman. With annual revenue of $24 billion and more than 90,000 colleagues, Marsh McLennan helps build the confidence to thrive through the power of perspective. For more information, visit oliverwyman.com, or follow on LinkedIn and X.

Marsh McLennan is committed to embracing a diverse, inclusive and flexible work environment. We aim to attract and retain the best people and embrace diversity of age, background, disability, ethnic origin, family duties, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, skin color, or any other characteristic protected by applicable law.

Marsh McLennan is committed to hybrid work, which includes the flexibility of working remotely and the collaboration, connections and professional development benefits of working together in the office. All Marsh McLennan colleagues are expected to be in their local office or working onsite with clients at least three days per week. Office-based teams will identify at least one “anchor day” per week on which their full team will be together in person.