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Business Finance Operations Manager

Location: Riyadh, Saudi Arabia
Date Posted: Nov 2, 2023

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Company Overview

Alvarez & Marsal (A&M) is a global professional services firm with more than $2+ billion in revenues, +8,000 staff and over 70 offices worldwide. 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 that 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

We are currently looking for a Finance Manager to oversee the needs of Alvarez & Marsal’s Middle East practice with a population of 180+ employees reporting to our Finance team in the UK. We are looking for a senior professional to support the high growth in the region in the coming years. This person will be responsible for the budgeting, forecasting, reporting, and looking after key accounts, and supporting the executive management team by offering insights and financial advice that will allow them to make the best business decisions for the company.

This role supports at C-Suite and at team level, and candidates should be able to operate at the highest level with all colleagues, regardless of their titles. The right work ethic, personality and overall attitude is especially important, and the company fit needs to be right. You will be an individual with a positive nature, high energy, and a strong team spirit. The ability to multitask with exemplary time management skills is paramount as is strong interpersonal skills.

This is a superb opportunity for those senior candidates, looking for a more broad-based role where they have key strategy involvement and are valued within the business.

The Responsibilities

  • Generate and present management information reports using Power BI tools as needed, providing financial insights to the team.
  • Manage and oversee budgetary aspects of the Middle East business units, including budget preparation, tracking, and reporting.
  • Run and analyse P&L statements by strategic business unit, identifying exceptions and following up on necessary resolutions.
  • Provide insights and suggestions to the wider Finance and Operations teams for improvement of financial processes and controls.
  • Support project set up requirements in liaison with required internal teams to understand contracting options/requirements for tax optimisation and VAT regulation.
  • Conduct profitability reviews and analysis, including engagement economics, client administration, working capital, and review of cost allocations.
  • Ensure the accuracy of financial projections in the long-term forecasting process.
  • Support financial administrative processes, including VAT, tax, audit, reporting, and compliance requirements in liaison with relevant internal Finance teams.
  • Provide administrative support for financial management reporting requirements for Middle East regulated businesses.
  • Review project and overhead expenditures, ensuring compliance with company policies.
  • Provide guidance and education to employees on expense claims that are not aligned with policy.
  • Monitor and analyse business development costs and conversion rates, providing feedback to the relevant teams.
  • Working with Treasury to oversee regional bid bond and performance bond processes.
  • Working with Treasury to manage credit lines, banking processes, signatories and approval limits.
  • Maintain banking relationships for our Middle East accounts.
  • Working with Treasury to support the creation of new banking services as required.
  • Maintain effective management of frame agreements and provide necessary reporting.
  • Identify reporting requirements and collaborate with relevant teams to develop necessary reports.
  • Support development of other Finance employees in the Middle East region.


We are looking for people who have the following experience, knowledge, skills & abilities:

  • The ideal candidate will have come from a fast-paced professional services firm and have experience working in a muti-national organization with fast growth.
  • A relevant high-grade bachelor’s degree (or equivalent/higher) from an accredited top-tier university (e.g. accounting or finance). 
  • Additional accounting qualifications advantageous
  • 7+ years of experience, ideally in Professional Services or Management Consulting
  • Extremely Proficient with Microsoft Excel and PowerPoint
  • Ability to prioritize and multi-task
  • Organizational fit with A&M’s culture and values
  • Flexibility to work longer hours as needed to support business requirements
  • Ability to quickly articulate and communicate information to all levels of the organisation
  • Strong stakeholder management skills
  • Ability to push back against any requests misaligned with protocols

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.

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