Assistant Manager - Accounts Payable

Qiddiya | القدية; Riyadh; On-site; SAR 167,000 - 279,000; Full time

Job summary

Qiddiya Investment Company is seeking an experienced Assistant Manager - Accounts Payable to lead our finance team's payables, ensuring invoices are processed accurately and payments are timely. You will oversee daily AP operations and collaborate with vendors and internal stakeholders.

You will oversee audits, enforce internal controls, and drive improvements in AP processes to support financial health and vendor relationships in a dynamic environment.

Qualifications

• Bachelor's degree in Accounting, Finance, or related field.
• Minimum of 5 years experience in accounts payable or related roles.
• Strong knowledge of accounts payable processes and internal controls.
• Proficient with accounting software and Excel.
• Excellent attention to detail and analytical skills.
• Proven ability to lead a team.
• Effective communication and interpersonal skills.
• Ability to prioritize and manage multiple tasks in a fast-paced environment.

Responsibilities

• Supervise the accounts payable team to ensure accurate and timely processing of invoices and payments
• Review and approve vendor invoices in line with policies and regulations
• Manage communications with vendors and internal departments to resolve discrepancies
• Maintain accurate vendor information in the accounting system
• Conduct regular AP transaction audits to ensure internal controls
• Assist with month-end and year-end closing activities related to accounts payable
• Prepare reports and analyze AP data to identify trends and process improvements
• Stay updated with best practices and regulatory requirements for AP management

Skills

Team leadership

Accounts payable

Attention to detail

Communication skills

Analytical skills

Education

Bachelor's degree in Accounting/Finance

Tools

Accounting software

Excel

Job description

Qiddiya Investment Company is searching for an experienced and motivated Assistant Manager - Accounts Payable to join our finance department. This role is crucial in maintaining efficient accounts payable operations to support the company's financial health. You will lead the accounts payable processes, ensuring all invoices and payments are processed accurately and timely while fostering strong relationships with vendors and internal stakeholders.

As the Assistant Manager, you will be responsible for overseeing accounts payable activities, auditing processes, and ensuring compliance with corporate policies and regulatory requirements. Your leadership will contribute to the continuous improvement of our financial operations.

Responsibilities

• Supervise the accounts payable team to ensure accurate and timely processing of invoices and payments
• Review and approve vendor invoices, ensuring compliance with company policies and applicable regulations
• Manage communications with vendors and internal departments to resolve invoice discrepancies and payment issues
• Maintain accurate vendor information and records in the accounting system
• Conduct regular audits of accounts payable transactions to ensure internal controls are followed
• Assist with month-end and year-end closing activities related to accounts payable
• Prepare reports and analyze accounts payable data to identify trends and opportunities for process enhancement
• Keep up to date with best practices and regulatory requirements relevant to accounts payable management

Requirements

• Bachelor's degree in Accounting, Finance, or a related field
• Minimum of 5 years experience in accounts payable, finance, or related roles
• Strong knowledge of accounts payable processes, internal controls, and financial regulations
• Proficiency with accounting software and Microsoft Office, especially Excel
• Excellent attention to detail and strong analytical skills
• Proven ability to manage and lead a team
• Effective communication and interpersonal skills
• Ability to prioritize and manage multiple tasks in a fast-paced environment