AP Manager

Aljammaz Group; Riyadh; On-site; SAR 150,000 - 200,000; Full time

Job summary

A prominent finance organization in Riyadh is seeking an experienced Accounts Payable (AP) Manager to oversee AP operations. The successful candidate will enhance vendor communication, drive process improvements, and lead a collaborative team to ensure compliance in payment processing. This role requires over 7 years of finance experience, with a strong background in ERP systems like D365 and excellent leadership skills. The position offers a dynamic work environment where innovation and efficiency are prioritized.

Qualifications

• 7+ years of experience in Accounts Payable or Finance, including at least 3 years in a managerial role.
• Proven experience with ERP systems and AP automation solutions.
• Strong knowledge of financial regulations and standards (e.g., IFRS or GAAP).

Responsibilities

• Oversee all AP operations and ensure accurate processing of payments.
• Lead and manage the AP team, setting performance goals.
• Implement process improvements to enhance efficiency and reduce costs.

Skills

Vendor management

Process improvement

ERP systems (e.g., D365)

Leadership

Financial analysis

Communication

Education

Bachelor’s degree in Accounting, Finance

Master’s degree or CPA/CMA preferred

Tools

Microsoft Excel

D365

Job description

Are you a finance professional with a passion for streamlining processes, managing vendor relationships, and driving efficiency in Accounts Payable operations? Do you thrive in leading teams and implementing automation solutions to enhance performance? If so, we invite you to join our dynamic team in Riyadh!

About the Role

We’re looking for an Accounts Payable (AP) Manager to oversee all AP operations, ensure accurate processing of payments, and enhance vendor communication across the company. This role offers the opportunity to drive process improvements, implement automation, and support Finance Business Partners in addressing AP-related matters for various business units. You’ll lead a collaborative team and play a critical role in ensuring compliance and efficiency in AP processes.

What You'll Be Doing:

Vendor Communication and Collaboration

• Establish a unified email channel to streamline vendor communication and manage documents and inquiries.
• Ensure timely and accurate processing of vendor documents in the ERP system (e.g., D365) for receipt confirmations.
• Address and resolve vendor issues or discrepancies promptly to foster positive relationships and efficient payment cycles.

Payment Processing and Automation

• Oversee weekly payment processes, ensuring timely and accurate transactions while minimizing manual intervention.
• Monitor automated workflows, addressing bottlenecks and system issues to maintain seamless operations.
• Implement secure and efficient payment practices in compliance with company policies.

Process Improvements and Optimization

• Identify and implement process improvements to enhance efficiency, reduce costs, and minimize errors.
• Leverage ERP system features (e.g., D365) to streamline workflows and reporting capabilities.

Support for Finance Business Partners and Business Units

• Collaborate with Finance Business Partners to address AP concerns raised by business units.
• Provide insights and support on AP processes, payment timelines, and vendor management to enable informed decision‑making.
• Act as a central point of contact for AP‑related inquiries, ensuring effective communication and resolution.

Reporting and Reconciliation

• Oversee month‑end and year‑end AP closing processes, ensuring timely reconciliations and compliance with auditing standards.
• Prepare and distribute AP reports to management, offering insights into vendor balances, payment trends, and operational efficiency.
• Maintain accurate and accessible AP records for audits and reviews.

Team Management

• Lead and manage the AP team, setting performance goals and providing regular feedback to ensure high standards of accuracy and productivity.
• Organize training programs to enhance team competencies in AP processes, vendor management, and ERP usage.
• Foster a collaborative and efficient team culture that adheres to financial controls and encourages innovation.

What We’re Looking For:

• Bachelor’s degree in Accounting, Finance, or a related field (Master’s degree or CPA/CMA preferred).
• 7+ years of experience in Accounts Payable or Finance, including at least 3 years in a managerial role.
• Proven experience with ERP systems (e.g., D365) and AP automation solutions.
• Demonstrated success in process improvement and automation within a finance function.
• Advanced proficiency in Microsoft Excel and financial analysis tools.
• Strong knowledge of financial regulations and standards (e.g., IFRS or GAAP).
• Excellent leadership, communication, and problem‑solving skills.