Accountant III, Account Payable Job

2 weeks ago


Riyadh, Ar Riyāḑ, Saudi Arabia Tasnee Full time

Work Location: KSA > Riyadh

An exciting opportunity is available for Accountant III, Accounts Payable, located in Riyadh.

Report to: Section Head, Accounts Payable

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, reconciling suppliers' statement of accounts, resolving payment discrepancies, and maintaining supplier records. Coordinates with procurement, logistics, and other teams to ensure that company policy and procedures related to day-to-day management of payment cycle activities are complied with in a timely and efficient manner.

Role responsibilities:

  • Perform day-to-day financial transactions, including review and posting of supplier invoices, processing supplier advance requests, and credit notes.
  • Prepare daily and weekly payment runs and process payments.
  • Follow up on processing receipts for goods/services rendered.
  • Review petty cash expenses and process payments to petty cash holders.
  • Liaise with suppliers to resolve payment queries.
  • Perform suppliers balance reconciliation with internal records.
  • Work with various stakeholders to improve AP processes, controls, and analysis, ensuring that accounts payable ledgers and journals are up to date.
  • Generate reports and statements for internal use.
  • Assist with month-end and year-end activities and group reporting.
  • Ensure compliance with internal policies and procedures.
  • Engage in ongoing educational opportunities to update job knowledge.

Qualification and Requirements:

  • University degree in Accounting, Finance, or related discipline.
  • 4+ years' experience in public accounting and/or corporate accounting in Finance departments for a similar role.
  • Knowledge of international accounting standards like IFRS.
  • Knowledge of SAP is required.
  • Good skills for preparation of financial reports.
  • Proficient in Excel, Word, and Power BI.
  • Willing to learn and implement new learnings.
  • Problem-solving skills and ability to articulate.
  • Must be detail-oriented.
  • Customer service orientation and negotiation skills.
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