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Senior AP Accountant

14 minutes ago

Riyadh, Ar Riyāḑ, Saudi Arabia MDLBEAST Full time
Senior AP Accountant at MDLBEAST

We are seeking a Senior AP Accountant to join our Finance & Accounting department at MDLBEAST. As a Senior AP Accountant, you will be responsible for a variety of duties including:

  • Manage the full AP cycle: invoice receipt, validation, coding, approvals workflow, and timely posting in the ERP.
  • Ensure strong procure-to-pay discipline, including three-way matching and exception resolution.
  • Maintain accurate vendor master data governance in coordination with Procurement and ensure segregation of duties in vendor creation/updates.
  • Prepare and execute payment runs (local and international), ensuring completeness of supporting documentation and compliance with approval authority.
  • Perform vendor statement of account reconciliations, investigate discrepancies, and resolve disputes with vendors and internal stakeholders.
  • Monitor AP aging and supplier exposure; escalate overdue items, blocked invoices, and unapproved liabilities with clear action owners.
  • Support month-end close through AP cut-off procedures, accruals for unbilled receipts/services, and reconciliation of AP control accounts.
  • Ensure compliance with VAT requirements, invoice validity checks, and proper tax coding to support accurate tax filings.
  • Prepare AP analytics and KPI reporting (invoice cycle time, GR/IR clearing, overdue liabilities, supplier disputes, and payment accuracy).
  • Coordinate with internal and external auditors on AP samples, PBC schedules, and control walkthroughs; close audit findings promptly.
  • Drive continuous improvements in AP processes, automation, and controls (workflow optimization, duplicate invoice prevention, and vendor communication standards).
  • Coach junior AP staff and ensure consistent application of policies, documentation standards, and service levels.
Job Requirements for Senior AP Accountant at MDLBEAST

To be considered for the Senior AP Accountant role at MDLBEAST in the Finance & Accounting department, candidates must meet the following qualifications and experience:

  • Bachelor's degree in accounting (professional certification such as SOCPA/CPA/ACCA is a plus).
  • 5 – 7 years of progressive experience in Accounts Payable and vendor accounting, preferably within complex, high-volume environments.
  • Strong hands-on experience with ERP systems (SAP / Odoo or similar) and advanced Excel skills.
  • Solid understanding of three-way matching, accrual accounting, cut-off, and vendor statement reconciliations.
  • Knowledge of KSA VAT/ZATCA compliance requirements relevant to AP processing is preferred.
  • Strong communication skills and ability to coordinate with Procurement, Operations, and Treasury.