Accountant I, Account Payable
2 weeks ago
An exciting opportunity is available for Accountant I, Accounts Payable Reports to, Section Head, Accounts Payable in Riyadh.
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, reconcile suppliers' statement of accounts, resolve payment discrepancies, and maintain supplier records, co-ordinates with procurement, logistics and other teams. Makes sure that company policy and procedures related to day-to-day management of payment cycle activities are complied within timely and efficient manner.
Role responsibilities:
- Perform day to day financial transactions, including review and post supplier invoices, processing supplier advance requests and credit notes.
- Preparing daily and weekly payment runs and process payments.
- Follow up for processing receipts for goods/services rendered.
- Review petty cash expenses and process payments to petty cash holders.
- Liaising with suppliers to resolve and payment queries.
- Performing suppliers balance reconciliation with internal records
- Working with various stakeholders to improve AP process, controls & analysis and that accounts payable ledgers and journals are up to date.
- Generating reports and statements for internal use.
- Assisting with month end and year end activities and group reporting
- Supporting internal and external audit requirements
- Ensuring compliance with internal policies and procedures
- Engaging in ongoing educational opportunities to update job knowledge.
Qualification and Requirements:
- Bachelor's Degree in Accounting or Finance.
- 2+ years' experience in public accounting and/or corporate accounting in Finance departments for similar role.
Skills:
- Good communication skills
- Knowledge of international accounting standards like IFRS
- Knowledge of SAP is required
- Good skills for preparation of financial reports
- Should have good knowledge of Excel, word and Power BI
- Willing to learn and implement the learnings
- Problem solving, ability to articulate
- Must be detail oriented
- Customer service orientation and negotiation skills
Job Segment: Accounts Payable, Accounting, Procurement, RF, SAP, Finance, Operations, Science, Technology
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