Accountant I, Account Payable Job

An exciting opportunity is available for Accountant I, Accounts Payable Reports to, Section Head, Accounts Payable in Riyadh.  

Job purpose:

Maintains and follows up day-to-day operations in Accounts Payable Section including verifying accuracy and processing of supplier invoices, ensuring timely payments, reconcile suppliers’ statement of accounts, resolve payment discrepancies, and maintain supplier records, co-ordinates with procurement, logistics and other teams. Makes sure that company policy and procedures related to day-to-day management of payment cycle activities are complied within timely and efficient manner.

Role responsibilities:

• Perform day to day financial transactions, including review and post supplier invoices, processing supplier advance requests and credit notes.
• Preparing daily and weekly payment runs and process payments.
• Follow up for processing receipts for goods/services rendered.
• Review petty cash expenses and process payments to petty cash holders.
• Liaising with suppliers to resolve and payment queries.
• Performing suppliers balance reconciliation with internal records
• Working with various stakeholders to improve AP process, controls & analysis and that accounts payable ledgers and journals are up to date.
• Generating reports and statements for internal use.
• Assisting with month end and year end activities and group reporting
• Supporting internal and external audit requirements
• Ensuring compliance with internal policies and procedures
• Engaging in ongoing educational opportunities to update job knowledge.

Qualification and Requirements:

• Bachelor’s Degree in Accounting or Finance.
• 2+ years’ experience in public accounting and/or corporate accounting in Finance departments for similar role.

Skills: 

• Good communication skills
• Knowledge of international accounting standards like IFRS
• Knowledge of SAP is required
• Good skills for preparation of financial reports
• Should have good knowledge of Excel, word and Power BI
• Willing to learn and implement the learnings
• Problem solving, ability to articulate
• Must be detail oriented
• Customer service orientation and negotiation skills