Accounts Payable Officer

3 weeks ago


Dammam, Saudi Arabia Fonterra Full time

ABOUT THE JOB

We are looking for an Accounts Payable Officer who will be responsible to ensure that our vendors for our Dammam operations (SNZMP) are paid accurately and on time. The individual would engage with various stakeholders in Dubai, New Zealand and KSA across different functions ensuring that our operations continue to run smoothly. The role is also responsible for VAT and WHT preparation and submission, as well as engaging with NZ tax manager. It is the key point of contact for Accounts Payable for internal and external auditors.

Role Accountabilities

  • Co-ordinate Accounts Payable process for the Dammam plant including processing invoices, clearing blocked invoices, supplier statement reconciliation.
  • Track payments, engage with vendors and arrange disbursements including reconciliation of system entries
  • Engage with the NZ support team (cash management and accounts payable) supporting reconciliation
  • Evaluate workflow process and procedures to develop and recommend procedural and system changes to increase accuracy and efficiencies.
  • Support the internal and external audit processes.
  • Investigating and resolving audit findings, account discrepancies, and issues of non-compliance
  • Monthly review of all Balance Sheet schedules and clearing of aged items
  • Monthly Black Line General Ledger Review
  • Submission of yearly forecasting Capex requirement to NZ
  • Ensure timely completion of E Capex requests for any new asset and capitalization is according to the IFRS guideline and NZ policies
  • Ensure the accuracy and completeness of the Fixed Asset register
  • Annual Physical verification of Fixed Assets and providing proposal for write offs if any
  • Master data set up for all the new Items created
  • Responsible for any changes to the Master data of existing items including samples
  • Review and analysis of the reported SG&A expense (excluding payroll and doubtful debts provision)
  • Preparation of SG&A forecasts for next 12 months as part of IBP cycle
  • Responsible for preparing month end journals relating to all the above areas.

ABOUT YOU

You would possess the following:

  • Bachelor's Degree in Finance/ Accounting or qualified/ pursuing Chartered Accountancy qualification
  • Minimum 3 years' experience in a junior accountant role
  • Knowledge and experience on JDE
  • Good Excel skills
  • Good communication skills, written and verbal



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