Home Saudi Arabia Senior Account Payable - Accountant

Home Saudi Arabia Senior Account Payable - Accountant

Senior Account Payable - Accountant

Full time at a Laimoon Verified Company in Saudi Arabia
Posted on June 29, 2024

Job details

The Senior Accounts Payable is responsible for managing and overseeing the accounts payable section. This role involves processing high-volume invoices, reconciling accounts, ensuring compliance with company policies, and providing leadership to junior team members. The ideal candidate will have a strong background in accounting, exceptional attention to detail, and the ability to work efficiently in a fast-paced environment.Key Responsibilities:Invoice Processing:Review and process a high volume of invoices accurately and efficiently.Ensure proper coding and approval of invoices in accordance with company policies.Resolve discrepancies and issues related to invoices and payments.Payment Processing:Prepare and execute payment runs, including checks, ACH, and wire transfers.Ensure timely payment of invoices to avoid late fees and penalties.Monitor and manage cash flow related to accounts payable.Reconciliation and Reporting:Perform monthly reconciliation of accounts payable sub-ledger to the general ledger.Prepare and analyze accounts payable reports and metrics for management.Assist in month-end and year-end closing processes.Compliance and Controls:Ensure adherence to company policies, procedures, and internal controls.Assist in internal and external audits by providing necessary documentation and explanations.Implement and maintain best practices in accounts payable processesQualifications & SkillsBachelorâs degree in accountingMinimum of 5 years of experience in accounts payable or a similar accounting role.Strong knowledge of accounting principles and accounts payable processes.Proficiency in accounting software (e.g., SAP, Oracle, MS Dynamics) and Microsoft Office Suite, especially Excel.Excellent analytical and problem-solving skills.Strong attention to detail and accuracy.Ability to work independently and as part of a team.Excellent communication and interpersonal skills.Ability to manage multiple tasks and meet deadlines in a fast-paced environment.Knowledge of ERP systems.Experience in process improvement and automation within accounts payable.Knowledge to Handle VAT reports.

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