Finance Operations Analyst Jobs in Neom at NEOM
Title: Finance Operations Analyst
NEOM is building up an energy system that is based on 100% renewable energy generation provided mainly by PPAs and on supplies of green energy to industrial customers, SMEs and residential customers. In order to ramp up the system (generation and demand portfolio) in a balanced way, NEOM will manage the commodity portfolio in one central function, the portfolio management department, where most of the relevant commodity- & counterparty risks will be bundled.
In order to manage these suppliers and customers, NEOM Energy is looking for an experienced Operations Manager that will develop and coordinate the commercial end-to-end lifecycle. The main responsibilities will evolve around contract and customer management, energy and carbon billing, process automation, credit collection, bookkeeping & accounting, as well as developing processes and digital automation. In addition, the role is expected to build a robust cash and liquidity management forecast.
The potential candidate should have 3+ years of relevant experience, a delivery track record, be highly motivated and must be an expert in evaluating, coordinating, and managing customer supply contracts. The ability to build and manage strategic partnerships and building/managing a high performing team are equally required.
Key Accountabilities And Responsibilities
Settlement and billing
Implement and run a billing & settlement processes and related IT system
Securely handle client data, payment information and other trade reference data
Keep an accurate record of client accounts and outstanding balances
Validate debit accounts to ensure the credibility of payments
Address and solve supplier and customer questions and issues on invoices and payments
Payments & Cash
Implement and run payment and cash monitoring processes
Monitor, review and sort incoming and outgoing payments
Review bank statements daily and ensure money flows smoothly as planned
Check, verify and authorize invoice payment instructions to suppliers and customers
Support the cash manager/liquidity manager in the daily cash report (forecast daily cash position by utilizing cash receipts and disbursements, analyze cash flow mechanism of the company to prepare variance reports).
Develop strategies to optimize cash position of the company
Confirm and validate new supply contracts using external references where possible and contacting customers and suppliers where needed.
Support the design, onboarding and operation of the end to end trade lifecycle from supplier to customer. From the commercial team executing, to processing, and settling trades including management of all documents related thereto.
Work in close coordination and support for ENOWA and NEOM central finance and treasury teams
Manage all queries internally from trading desk and product control and externally from suppliers, customers, via liaison with front office, sales & trading, documentation, credit risk, IT, operations & legal and compliance.
Provide regular, accurate status reports on billing, outgoing and payments, issues, etc
Support trade finance and or all other import/export payment requirements
Ensure risk controls on billing, settlement and payment processes are maintained, understood, documented, and compliant with NEOM policies
Establish a cost control and budget monitoring process for CAPEX/OPEX/Revenue
Other duties as assigned
Knowledge, Skills And Experience
3+ years of experience in comparable work environment …