Description
Company Overview
Alvarez & Marsal (A&M) is a global professional services firm specializing in turnaround and interim management, performance improvement and business advisory services. A&M delivers specialist operational, consulting and industry expertise to management and investors seeking to accelerate performance, overcome challenges and maximize value across the corporate and investment lifecycles. Founded in 1983, the firm is known for its distinctive restructuring heritage, hands-on approach and relentless focus on execution and results.
A&M Culture
A&M is a fast-paced environment with a highly dynamic culture which emphasizes diversity and inclusion. We empower, coach and mentor our people and endorse meritocracy to develop skilled consultants who will grow with A&M to deliver tangible results and build long-lasting relationships, internally and externally. Our entrepreneurial culture celebrates independent thinkers and doers who positively impact our clients and shape our industry.
The collaborative, supportive environment and engaging work—guided by A&M’s core values of Integrity, Quality, Objectivity, Fun, Personal Reward and Inclusive Diversity—are the main reasons our people love working at A&M.
Inclusive Diversity runs through how we recruit, develop employees, conduct business, support clients, and partner with vendors. It is the A&M way.
The Role
Based in the Riyadh office, working in partnership with the Middle East teams, this role will be responsible for all the billing activities across the Middle East on a daily basis. The Billing Specialist is expected to ensure timely and accurate completion of assignments and adhere to firm policies and procedures. The Billing Specialist is expected to maintain expertise in the activities and services being provided. The Billing Specialist needs to work proactively to complete required activities on time and to a high standard, providing exceptional service to the firm’s clients, Managing Directors, and staff, efficient and effective operations, and an atmosphere of teamwork and continuous improvement.
Key Responsibilities
Project Setup
Ensures timely creation of project codes on internal systems including
Client portfolio creation
Coordination of conflict check procedures and renewals as needed
Coordination of anti-money laundering checks
Creation of project codes (temporary and permanent)
Actively flags risks associated with project set up and documentation
Ensures temporary code extensions are escalated and approved to manage company risk
Billing
Build relationships with functional leaders within the firm in the areas of Finance, Legal, Conflicts, AML, as well as other teams.
Plans billing activities based on engagement letter timelines and milestones
Conducts all billing activities for the Middle East, ensuring timely, fair and accurate preparation of bills.
Provides direction on reporting and unique billing situations, in consultation with Director of Billing.
Compiles required support documentation from multiple sources for incurred/expected client expenses.
Ensures write ups, write offs are managed accurately and in a timely manner in liaison with key stakeholders.
Ensures internal project allocations are accurate and works with key stakeholders to enact any allocation changes ensuring compliance with internal policies
Prepares reports as requested by management and to support ongoing process improvement/risk management.
Implements firm billing and collections standards, policies and programs for those teams supported.
Works directly with firm professionals as needed on complex billing and collection matters.
Prepares for and attends monthly Billing meetings as needed.
Conducts new hire orientation for all new Billing team members as well as senior level professionals.
Understands challenges, keeps abreast of any legislative changes and proactively works to continuously improve processes
Collections
Supports as requested in following up with clients on outstanding accounts receivables.
Supports Middle East team collection activities to ensure timely allocations.
Provides direction on difficult collection situations in consultation with the Finance team.
Prepares collections reports and actively supports improvements in collections processes
Team
Works with the wider billing team to share experience, best-practice and provides cover during leave periods of colleagues.
Participates in interviewing candidates for open positions.
The Requirements
We are looking for people who have the following experience, knowledge, skills & abilities:
Bachelor’s Degree required, in accounting, finance or related field preferred
3+ years professional services billing experience required
Expert skills in MS Office (i.e. MS Word, Excel, PowerPoint, Teams)
Excellent oral and written communication skills, including the ability to communicate potentially detailed and complex information to others
Aptitude and willingness to work with complex procedures
Strong organizational skills and attention to detail
Ability to manage multiple priorities and adjust to changing priorities in a professional manner
Ability to work independently and with a team
Willingness and ability to assume new tasks and responsibilities
Excellent judgment and common sense
Diversity & Inclusion
A&M’s entrepreneurial culture celebrates independent thinkers and doers who can positively impact our clients and shape our industry. The collaborative environment and engaging work—guided by A&M’s core values of Integrity, Quality, Objectivity, Fun, Personal Reward, and Inclusive Diversity—are the main reasons our people love working at A&M. Inclusive Diversity means we embrace diversity, and we foster inclusiveness, encouraging everyone to bring their whole self to work each day. It runs through how we recruit, develop employees, conduct business, support clients, and partner with vendors. It is the A&M way.
Voluntary Inclusion
It is Alvarez & Marsal’s practice to provide and promote equal opportunity in employment, compensation, and other terms and conditions of employment without discrimination because of race, color, sex, sexual orientation, gender identity, family medical history or genetic information, political affiliation, military service, pregnancy, marital status, family status, religion, national origin, age or disability or any other non-merit based factor or any other characteristics in accordance with all applicable laws and regulations.
Unsolicited Resumes from Third-Party Recruiters
Please note that as per A&M policy, we do not accept unsolicited resumes from third-party recruiters unless such recruiters are engaged to provide candidates for a specified opening and in alignment with our Inclusive Diversity values. Any employment agency, person or entity that submits an unsolicited resume does so with the understanding that A&M will have the right to hire that applicant at its discretion without any fee owed to the submitting employment agency, person or entity.
