[guided]The goal is to show that $A$ is finitely generated as an $R$-module (not just as an $R$-algebra). The key idea is that the monic polynomial satisfied by each generator $\alpha_i$ lets us "cap" the exponent of $\alpha_i$ at $n_i - 1$.
Let $\alpha_1, \ldots, \alpha_m$ be $R$-integral generators of $A$ as an $R$-algebra. Each $\alpha_i$ satisfies a monic relation of degree $n_i$:
\begin{align*}
\alpha_i^{n_i} = -(r_{i,1}\alpha_i^{n_i - 1} + \cdots + r_{i,n_i}).
\end{align*}
This expresses $\alpha_i^{n_i}$ as an $R$-linear combination of $1_A, \alpha_i, \ldots, \alpha_i^{n_i - 1}$. By induction on $k \geq n_i$, every power $\alpha_i^k$ is an $R$-linear combination of $1_A, \alpha_i, \ldots, \alpha_i^{n_i - 1}$: the base case $k = n_i$ is the relation itself, and for the inductive step, $\alpha_i^{k+1} = \alpha_i \cdot \alpha_i^k$; by the inductive hypothesis, $\alpha_i^k$ is an $R$-linear combination of $1_A, \ldots, \alpha_i^{n_i - 1}$; multiplying by $\alpha_i$ gives an $R$-linear combination of $\alpha_i, \ldots, \alpha_i^{n_i}$; the term $\alpha_i^{n_i}$ is then replaced by the monic relation.
Since $A = R[\alpha_1, \ldots, \alpha_m]$, every element of $A$ is a polynomial in $\alpha_1, \ldots, \alpha_m$ with $R$-coefficients, i.e., an $R$-linear combination of monomials $\alpha_1^{e_1} \cdots \alpha_m^{e_m}$. Applying the exponent reduction to each factor independently, every monomial $\alpha_1^{e_1} \cdots \alpha_m^{e_m}$ is an $R$-linear combination of monomials $\alpha_1^{f_1} \cdots \alpha_m^{f_m}$ with $0 \leq f_i \leq n_i - 1$.
Therefore, the finite set
\begin{align*}
\mathcal{B} = \{\alpha_1^{f_1} \cdots \alpha_m^{f_m} : 0 \leq f_i \leq n_i - 1\}
\end{align*}
spans $A$ as an $R$-module. Since $|\mathcal{B}| = n_1 n_2 \cdots n_m < \infty$, the module $A$ is finitely generated over $R$.
Why does this work? The monic polynomial relation for $\alpha_i$ effectively makes $\alpha_i$ "algebraically bounded" over $R$: every power of $\alpha_i$ is redundant beyond degree $n_i - 1$. When all generators are bounded in this way, the entire algebra collapses to a finite-dimensional $R$-module.[/guided]