Overview

Account Payable Job in Khobar, Saudi Arabia at Confidential Company

Job Description

This position is responsible for maintaining adequate controls and manage the risks over the following:

Purchase-to-Pay cycle and ensure the accurate and correct processing of payments to vendors, in accordance with the applicable detailed procedures and the Company policies and procedures. 

Education: Bachelor’s degree Accounting/Finance 

Experience required : 6 years of experience ( 2 years as supervisor)

Job tasks:

-Support the FSS lead in the development of the AP function and in successful implementation.

-Manage the AP process as per the applicable detailed procedures and AQH/IK-Subs. policies & procedures.

-Handle the risks surrounding the process map and implementation of key controls.

– Manage accurate invoices booking (around 7,000 annual invoices) recording with “zero tolerance to errors”.

– Ensure complete and timely recording of invoices as per the terms and conditions of the relevant agreements.

– Manage accurate payment runs and ensure elimination of duplicate payments risk.

– Supervise and manage month-end closing activities accurately (as per the checklist) to ensure accurate submission.

– Timely communication to the operations team for the invoice record and any arising issues.

– Oversee record cross charges, intercompany confirmations, and reconciliations to eliminate incorrect recording.

– Ensure that clearing account have zero balance to avoid any mistakes in the recording.

– Ensure the vendor/supplier reconciliation and confirmation process is done.

 

– Provide ad-hoc and analytical reports as per the FSS Lead instructions.

Job Details

Job Location
Khobar, Saudi Arabia

Company Industry
Accounting

Company Type
Employer (Private Sector)

Employment Type
Full Time Employee

Monthly Salary Range
Unspecified

Number of Vacancies
Unspecified

Preferred Candidate

Career Level
Mid Career

Years of Experience
Min: 5 Max: 7

Residence Location
Khobar,Saudi Arabia

Degree
Bachelor’s degree / higher diploma

About Company

Company: Confidential Company

Company Location:  Khobar, Saudi Arabia

Job Category: Accounting

About Confidential Company