Accounts Payables Manager

Soudah Development; Saudi Arabia; On-site; SAR 150,000 - 200,000; Full time

Job summary

A leading real estate development company in Saudi Arabia is seeking a skilled Accounts Payable Manager. The role involves overseeing the accounts payable department, ensuring compliance with policies, and managing financial transactions. The ideal candidate will have a strong finance background and leadership skills to enhance departmental efficiency.

Qualifications

• Bachelor's degree in Finance or equivalent required.
• Master's degree preferred.

Responsibilities

• Manage accounts payable operations and staff.
• Ensure adherence to policies and procedures.
• Review and approve vendor invoices.

Education

Bachelor's degree in Finance

Master's degree in a related field

Job description

Job Description

This job holder is responsible for all payment transactions and ensures that they are in accordance with the approved policies, procedures, and delegation of authorities.

Responsibilities

1. Accounts payable management
2. Manage and supervise the operations in the accounts payable department
3. Ensure accounts payable staff adhere to policies and procedures
4. Manage and keep track of the SDC's financial expenditures
5. Review payment transactions with supporting documents
6. Follow-up with internal departments regarding payments and missing documentation
7. Verify the accuracy of vendor invoices and ensure correct general ledger account codes are used
8. Review and approve vendor invoices entered into the ERP system
9. Coach and assist accounts payable team on issues; perform month-end closure activities
10. Assist the accounting team with month-end closing, including accruals and statement reconciliations
11. Ensure the closure of month-end activities as per management directives
12. Review analysis of vendor balances for abnormal transactions
13. Reconcile balances with vendor statements of account
14. Perform continuous review of departmental workflows to ensure accuracy, efficiency, and ongoing improvement
15. Identify opportunities, technologies, and methodologies to enhance accounts payable management

Qualifications

• Bachelor's degree in Finance or equivalent from a recognized and accredited university
• Master's degree in a related field from a recognized and accredited university is preferred

About Us

Soudah Development: Redefining Luxury in Saudi Arabia's Mountainous Landscapes

Soudah Development (SD), a premier real estate development company wholly owned by the Public Investment Fund (PIF) of Saudi Arabia, is spearheading the transformation of Soudah and parts of Rijal Almaa Governorate in the Aseer region.

Our vision: To be the luxury mountain destination offering unparalleled experiences.

Launched on February 24, 2021, by HRH Crown Prince Mohammad bin Salman bin Abdulaziz Al-Saud, Prime Minister and Chairman of the PIF. This ambitious endeavour stands as a testament to PIF's unwavering commitment to Saudi Vision 2030, focusing on elevating the Kingdom's tourism and entertainment sectors to new heights.

Join us on this journey as we blend nature, luxury, and culture to redefine the future of tourism in Saudi Arabia.