Accounts Payable Accountant

Qantara Development Investment Co.; Riyadh; On-site; SAR 60,000 - 90,000; Full time

Job summary

Qantara Development Investment Co. is seeking an Accounts Payable Accountant to manage the end-to-end AP cycle, from invoice receipt through payment processing and month-end close.

The role emphasizes accurate recording of supplier transactions, proper approvals, and timely settlements in line with company policies. The successful candidate will support auditors and contribute to financial reporting.

Qualifications

• Bachelors degree in Finance, Accounting or a related field.
• Experience in accounts payable processes is preferred.
• Knowledge of VAT and withholding tax handling.

Responsibilities

• Process and verify supplier invoices.
• Perform three-way matching with POs and GRNs.
• Handle advance and prepayment accounting and month-end closings.
• Monitor AP aging and prepare reconciliations for management and auditors.

Skills

Attention to detail

Analytical thinking

Communication

Team collaboration

Education

Bachelors degree in Finance or Accounting

Job description

Qantara, established in 2020 as a wholly owned subsidiary of the Almutlaq Group, specializes in the development of critical infrastructure assets across key sectors, including social infrastructure, logistics, transportation, natural resource utilization, and waste monetization. Through diverse Public-Private Partnership (PPP) models, the company delivers integrated asset management and value creation solutions, enabling large-scale investment opportunities across the region. Backed by experienced shareholders and prominent investors, Qantara contributes to the Kingdom of Saudi Arabia's Vision 2030 by advancing strategic, sustainable, and transformative projects.

Job Summary

We are looking for an Accounts Payable Accountant to join our team. The successful candidate will be responsible for managing the end-to-end accounts payable cycle, from receiving and verifying supplier invoices through accounting, payment processing, reconciliation, and month-end closing. The role ensures that all supplier transactions are accurately recorded, properly supported, approved in accordance with company policies, and settled on time.

Key Responsibilities

• Invoice processing and verification.
• Three-way matching with POs and GRNs.
• Advance and prepayment accounting.
• Withholding tax and VAT treatment.
• AP aging monitoring.
• Supports monthly financial closing and provides accurate AP reports and reconciliations to management and auditors.

Requirements

• Education: Bachelor's degree in Finance, Accounting, or a related field.

Join us and be part of a team that values safety and excellence!