Accounts Payable Specialist

6 days ago


Riyadh, Ar Riyāḑ, Saudi Arabia Richemont Full time

Job Summary

We are seeking a highly motivated and detail-oriented Accounts Payable Specialist to join our team at Richemont. As an Accounts Payable Specialist, you will play a critical role in ensuring the smooth operation of our financial processes and maintaining accurate records.

Key Responsibilities

  • Financial Control and Reporting
    • Ensure that all supplier invoices are compliant with local regulations and Richemont standards, and are accurately processed within established deadlines.
    • Support the clearing of GR and Vendor open item accounts, as well as other requested accounts.
    • Ensure that the booking of invoices is up to date through Richemont's ERP system (SAP).
  • Accounts Payable
    • Undertake in a timely and accurate manner the reception, validation, and booking of supplier invoices in line with KSAVAT requirements and Richemont procedures.
    • Regularly review the status of the invoices processed in Richemont's ERP system, ensuring any invoices rejected or unapproved are resolved in a timely manner.
    • As part of the weekly payment cycle, review and validate supplier invoices for payment prepared by the Tax and Treasury team.
    • Review supplier advance payments and liaise with suppliers to ensure invoices are received and allocated in a timely manner.
    • Analysis of GR and vendor open items accounts.
    • Other ad-hoc tasks as required.
  • Key Requirements
    • Bachelor's degree in Accounting or Finance.
    • Accounting background and knowledge of computerized accounting systems, especially SAP.
    • Good knowledge of KSAVAT regulations.
    • Excellent knowledge of Microsoft software (Teams, SharePoint, and other applications).

Personal Qualities

  • Analytical and problem-solving skills.
  • Exceptional attention to detail.
  • Demonstrated collaboration and communication skills, in a diverse and complex environment.
  • The ability to plan and manage time, and organize multiple tasks while adhering to deadlines.
  • High level of personal integrity, and a proven ability to manage confidential information.
  • Ability to work independently.

About Richemont

Richemont is a leading luxury goods company with a rich history and a commitment to excellence. We offer a dynamic and supportive work environment, with opportunities for growth and development.


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