Accounts Payable

AccorHotel; Jeddah; On-site; SAR 120,000 - 150,000; Full time

Job summary

A leading hospitality company in the Makkah Region is seeking an Accounts Payable Specialist to manage vendor payments, verify invoices, and ensure compliance with accounting standards. The ideal candidate has a Bachelor's degree in Finance or Accounting and experience in the hospitality industry. Key responsibilities include reconciling accounts and supporting financial audits. This position offers growth opportunities in a vibrant team environment.

Qualifications

• Proven experience in accounts payable or similar role, preferably in the Hospitality industry.
• Strong understanding of accounting principles and financial regulations.
• Ability to work independently and meet deadlines.

Responsibilities

• Managing and processing payments to vendors and reconciling accounts.
• Communicating with vendors regarding invoice discrepancies.
• Assisting in month-end closing activities and financial statement preparations.

Skills

Attention to detail

Analytical skills

Communication

Problem-solving

Education

Bachelor’s degree in Accounting, Finance, or Business Administration

Tools

SAP

QuickBooks

Oracle

MS Excel

Job description

Job Description

Accounts Payable

The Accounts Payable role involves managing and processing payments to vendors, verifying invoices, reconciling accounts, ensuring compliance with company policies, and maintaining accurate financial records.

• Receive, review, and verify invoices for accuracy and appropriate approvals before processing payments.
• Ensure timely payments to vendors via checks, bank transfers, or other methods.
• Reconcile accounts payable ledger to ensure accurate recording of payments and transactions.
• Communicate with vendors regarding invoice discrepancies, payment inquiries, and account reconciliations.
• Ensure compliance with company policies, tax regulations, and financial guidelines for all invoices and payments.
• Process employee expense claims in accordance with corporate policies.
• Assist in month-end closing by preparing accounts payable reports and supporting documentation.
• Support internal and external audits with necessary documentation.
• Identify and implement process improvements to enhance efficiency and accuracy in accounts payable operations.
• Maintain vendor master files, updating contact information, payment terms, and tax details.
• Coordinate with other departments to resolve payment-related issues and ensure smooth operations.
• Prepare and analyze accounts payable aging reports to manage cash flow effectively.
• Assist in year-end closing activities and financial statement preparations.
• Stay informed on accounts payable best practices and relevant accounting standards to ensure compliance and efficiency.

Qualifications

• Bachelor’s degree in Accounting, Finance, Business Administration, or related field.
• Proven experience in accounts payable or similar role, preferably in the Hospitality industry.
• Strong understanding of accounting principles and financial regulations.
• Proficiency in accounting software (e.g., SAP, QuickBooks, Oracle) and MS Excel.
• Attention to detail and strong analytical skills.
• Excellent communication and problem-solving abilities.
• Ability to work independently and meet deadlines.

Additional Information

Your team and working environment: In 1-2 sentences, introduce the team, property, or office environment in a way that reflects the culture.

Note: Customization may be included for any specific local or legislative requirements, such as work permits.

Our commitment to Diversity & Inclusion:

We are an inclusive company committed to attracting, recruiting, and promoting diverse talent.