Accountant, Accounts Payable

Role Overview

The Accountant specializing in Accounts Payable will be responsible for overseeing and ensuring the accuracy and timeliness of all payments and invoices within the company’s financial system. Acting as the main contact point for the Procure-to-Payment cycle, this role involves collaborating closely with various internal departments to enhance the efficiency of AP operations.

Key Responsibilities

• Actively manage the Accounts Payable processes, ensuring precision and timely completion of transactions.
• Serve as a liaison for the entire procurement to payment workflow.
• Work collaboratively with stakeholders across departments to refine and streamline AP procedures.
• Develop, maintain, and enforce clear AP policies and procedures to promote consistency.
• Standardize and optimize financial systems and processes continually to maximize operational efficiency.
• Lead and inspire the AP team to deliver high-quality tasks within set deadlines.
• Support monthly and annual account closures by reconciling supplier statements, billing intercompany recoveries monthly, monitoring and reversing accruals on schedule, and settling vendor advances promptly.
• Prepare value-added tax (VAT) and withholding tax (WHT) reports with accuracy.
• Advocate strong collaboration across departments to ensure process improvement, adherence to standard operating procedures, supplier compliance, and prompt resolution of issues.
• Demonstrate robust analytical abilities and problem-solving skills, with capacity to independently handle multiple priorities and project completions.
• Lead and develop team members effectively, including readiness to assume additional responsibilities as needed.

Treasury Functions

• Update signature authorities regularly as required.
• Manage opening and closing of bank accounts as necessary.
• Oversee and resolve all banking-related activities.

Qualifications and Skills

• Degree in Accountancy or equivalent professional accounting qualification.
• A minimum of five years' experience in finance, including at least three years in a supervisory or leadership capacity.
• Proficient knowledge of SAP financial software.
• Advanced Excel skills.
• Fluency in English and Arabic, both written and spoken.