Accounts Payable Manager

6 days ago


Riyadh, Ar Riyāḑ, Saudi Arabia AlJammaz Group Full time

Direct message the job poster from AlJammaz Group

Join Our Team as an Accounts Payable (AP) Manager

Are you a finance professional with a passion for streamlining processes, managing vendor relationships, and driving efficiency in Accounts Payable operations? Do you thrive in leading teams and implementing automation solutions to enhance performance? If so, we invite you to join our dynamic team in Riyadh

About the Role

We're looking for an Accounts Payable (AP) Manager to oversee all AP operations, ensure accurate processing of payments, and enhance vendor communication across the company. This role offers the opportunity to drive process improvements, implement automation, and support Finance Business Partners in addressing AP-related matters for various business units. You'll lead a collaborative team and play a critical role in ensuring compliance and efficiency in AP processes.

What You'll Be Doing:

Vendor Communication and Collaboration:

  1. Establish a unified email channel to streamline vendor communication and manage documents and inquiries.
  2. Ensure timely and accurate processing of vendor documents in the ERP system (e.g., D365) for receipt confirmations.
  3. Address and resolve vendor issues or discrepancies promptly to foster positive relationships and efficient payment cycles.

Payment Processing and Automation:

  1. Oversee weekly payment processes, ensuring timely and accurate transactions while minimizing manual intervention.
  2. Monitor automated workflows, addressing bottlenecks and system issues to maintain seamless operations.
  3. Implement secure and efficient payment practices in compliance with company policies.

Process Improvements and Optimization:

  1. Identify and implement process improvements to enhance efficiency, reduce costs, and minimize errors.
  2. Leverage ERP system features (e.g., D365) to streamline workflows and reporting capabilities.

Support for Finance Business Partners and Business Units:

  1. Collaborate with Finance Business Partners to address AP concerns raised by business units.
  2. Provide insights and support on AP processes, payment timelines, and vendor management to enable informed decision-making.
  3. Act as a central point of contact for AP-related inquiries, ensuring effective communication and resolution.

Reporting and Reconciliation:

  1. Oversee month-end and year-end AP closing processes, ensuring timely reconciliations and compliance with auditing standards.
  2. Prepare and distribute AP reports to management, offering insights into vendor balances, payment trends, and operational efficiency.
  3. Maintain accurate and accessible AP records for audits and reviews.

Team Management:

  1. Lead and manage the AP team, setting performance goals and providing regular feedback to ensure high standards of accuracy and productivity.
  2. Organize training programs to enhance team competencies in AP processes, vendor management, and ERP usage.
  3. Foster a collaborative and efficient team culture that adheres to financial controls and encourages innovation.

What We're Looking For:

  1. Bachelor's degree in Accounting, Finance, or a related field (Master's degree or CPA/CMA preferred).
  2. 7+ years of experience in Accounts Payable or Finance, including at least 3 years in a Managerial role.
  3. Proven experience with ERP systems (e.g., D365) and AP automation solutions.
  4. Demonstrated success in process improvement and automation within a finance function.
  5. Advanced proficiency in Microsoft Excel and financial analysis tools.
  6. Strong knowledge of financial regulations and standards (e.g., IFRS or GAAP).
  7. Excellent leadership, communication, and problem-solving skills.

Why Join Us?

  1. Be part of a company committed to innovation and operational excellence.
  2. Collaborate with a passionate team dedicated to enhancing financial processes.
  3. Gain valuable experience in a dynamic and supportive work environment.

Ready to Make an Impact?

If you're excited about optimizing AP operations and contributing to a growing organization, apply now to join our team in Riyadh

Seniority level

Mid-Senior level

Employment type

Full-time

Job function

Accounting/Auditing and Finance

Industries

Investment Management, IT Services and IT Consulting, and Construction

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