Manager - Accounts Payable

At Six Flags & Aquarabia Qiddiya City, the Manager - Accounts Payable will oversee the end-to-end accounts payable process, ensuring accuracy, timeliness, and compliance with company policies and financial regulations. This role involves managing vendor payments, optimizing processes, and supervising the accounts payable team. The Manager will also collaborate with internal departments and external vendors to maintain positive relationships and drive operational excellence within the finance division.

Education: Bachelor's degree in Accounting, Finance, or a related field.

Experience: 3-6+ years of experience in accounts payable or financial operations role.

Skills:

• Strong knowledge of accounts payable processes, including invoice processing, vendor payments, and reconciliations.
• Proficiency in financial systems and ERP software, ensuring accuracy and efficiency in accounts payable activities.
• Analytical and problem-solving skills, addressing discrepancies and optimizing workflows.
• Leadership and team management abilities, fostering collaboration and driving high performance.
• Excellent organizational and time management skills, handling multiple priorities effectively.
• Attention to detail, ensuring accuracy in financial records and compliance with policies.
• Proficiency in Microsoft Office Suite, particularly Excel, for reporting and data analysis.
• Strong communication and interpersonal skills, engaging effectively with vendors, team members, and stakeholders.
• Languages: Fluent in English.

• Oversee all aspects of the accounts payable function, including invoice processing, payment disbursement, and vendor account reconciliation.
• Ensure timely and accurate processing of vendor invoices and payments in alignment with contractual terms and company policies.
• Review and approve payment batches, ensuring adherence to budget and authorization guidelines.
• Identify opportunities to streamline accounts payable processes, leveraging technology and best practices to enhance efficiency.
• Implement and maintain controls to prevent errors, fraud, and non-compliance.
• Develop and update accounts payable policies and procedures to align with organizational and regulatory requirements.
• Maintain positive relationships with vendors by addressing inquiries, resolving payment discrepancies, and ensuring timely communication.
• Negotiate payment terms with vendors to optimize cash flow and strengthen partnerships.
• Collaborate with procurement and vendor management teams to align payment processes with supplier agreements.
• Ensure compliance with financial regulations, tax laws, and company policies in all accounts payable activities.
• Prepare and present accounts payable reports, including aging analysis, payment forecasts, and accruals, to finance leadership.
• Support internal and external audits by providing necessary documentation and information.
• Lead, mentor, and manage the accounts payable team, fostering a culture of accountability and continuous improvement.
• Conduct performance evaluations, provide feedback, and identify training opportunities for team members.
• Ensure the team delivers high-quality results while meeting deadlines and maintaining accuracy.
• Work closely with internal departments, such as procurement and accounting, to ensure seamless workflows and accurate financial reporting.
• Support month-end and year-end closing activities by providing accounts payable data and reconciliations.
• Act as a liaison between the finance department and external stakeholders regarding accounts payable matters.
• Design and execute strategies to optimize the accounts payable function, aligning with organizational goals and ensuring efficient cash flow management.
• Lead the implementation of AP systems and tools to streamline invoice processing and payment workflows while ensuring compliance and accuracy.
• Analyze accounts payable data to identify trends, cost-saving opportunities, and process improvements, delivering actionable recommendations to support organizational financial strategies.
• Other duties as assigned.