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Oivan
Finance Specialist
Riyadh, KSAPosted 1 week ago
Oivan
Kubernetes Platform Engineer
Dubai, UAEPosted 2 weeks ago
Finance Specialist
Oivan
1 week ago Riyadh, KSA Mid Level $2.4M · $2.4M Total 128 employees

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What We Need

In this role you will be responsible for accounting and reporting for a number of legal entities in scope of the Oivan Group. On a monthly basis you are in charge of the month-end closing process, ensuring quality and timely reporting of the financial results, ensure accounts are reconciled and key controls are performed. The tasks might also include preparing monthly payrolls for the company’s employees. On an annual basis you support preparation of local financial statements and coordinate with auditors. 

In this role you will be also responsible for finance activities within the Order-to-Cash (OTC) and Purchase-to-Pay (PTP) domains.

OTC includes handling bank statement postings, allocation of incoming payments, customer refunds and reconciliations. You have an important role in securing the companies’ cashflow by taking ownership of collection activities, aging reporting and bad debt handling. This also includes liaising with key Oivan customers, analyzing the project POs & contracts and deliveries, communicating with customers during the delivery process, monitoring the agreed settlements, sending invoices and following up with customers, revisiting and reminding and keeping record of collection process. 

PTP includes handling purchase invoice processing, payments, query and escalation handling, AP maintenance, month-end closing activities including accruals, reconciliations and internal controls. You support the vendor master data maintenance and also support the local travel & expense process including processing of claims, credit card and corporate travel account administration. You are ultimately responsible that master data (vendors, customer and employees) of your entity is correct and up-to-date in Oivan financial systems. 

You are supported by other members of Oivan finance team and collaborate closely with business stakeholders as well as other internal teams. You have strong excel skills and know how to optimize finance systems and constantly look for continuous improvement of daily activities. 

Further, you play a key role in continuously improving and enhancing our local accounting and reporting processes. You are quickly able to adapt to new processes and tools, can resolve any problem quickly and understand how to optimise our systems and ways of working. The role also includes participation in various finance development projects. 

What You Have

Qualifications and requirements:
  • Bachelor degree or similar, preferably a major in Accounting or Finance 
  • Preferable two years of experience in an accounting & payroll role 
  • Good knowledge of local GAAP and tax, basic IFRS knowledge considered a plus
  • Strong communication and collaboration skills in English. Local language ( Arabic)
  • Strong analytical and data optimization skills
  • Proactive, customer driven continuous improvement mindset
  • An independent and proactive approach to work and good team playing skills
  • Digi savvy, experience with finance systems

Oivan
Founded:

2020

Latest Funding:

$2.4M on Nov 1, 2021

Total Funding:

$2.4M

Headcount:

128

Industries:
Information Technology & Services
Description:

Oivan is a digital services company based in Finland, established in 2020 through the merger of IWA and NXme. The company operates in seven cities across five countries, including Finland, Thailand, the UAE, Vietnam, and Saudi Arabia. Oivan utilizes an Enhanced Distributed Teams model, which combines local collaboration with international scalability. The company is committed to Nordic values such as responsibility, fellowship, and reliability, fostering inclusive and multicultural workplaces. Oivan offers a range of services, including software engineering for web, mobile, and cloud platforms, cybersecurity solutions, user experience (UX) and interface (UI) design, infrastructure and cloud services, and blockchain integration. The company focuses on creating custom digital solutions that prioritize privacy and scalability, serving various industries like telecommunications, finance, and public sector digitalization. Oivan has played a significant role in large-scale digital infrastructure projects, including the development of Saudi Arabia’s internet backbone.

Investors:
TCG
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