Assistant Manager - Accounts Payable

Qiddiya; Riyadh; On-site; SAR 180,000 - 240,000; Full time

Job summary

Qiddiya Investment Company in Riyadh is seeking an experienced Assistant Manager - Accounts Payable to lead the AP operations and ensure accurate and timely processing of invoices. You will audit processes, maintain vendor records, and collaborate with internal departments to resolve discrepancies while upholding internal controls and regulatory requirements.

The role requires strong leadership, analytical skills, and proficiency with accounting software and Excel, in a fast-paced finance

Qualifications

• Bachelor's degree in Accounting, Finance, or related field.
• Minimum of 6 years of accounts payable or related finance experience.
• Strong knowledge of AP processes, internal controls, and financial regulations.
• Proficiency with accounting software and Microsoft Excel.
• Excellent attention to detail and strong analytical skills.
• Proven ability to manage and lead a team.
• Effective communication and interpersonal skills.
• 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, 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.

Skills

Team leadership

Attention to detail

Analytical skills

Communication skills

Multitasking

Education

Bachelor's degree in Accounting, Finance, or related field

Tools

Microsoft Excel

Accounting software

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.

• Bachelor's degree in Accounting, Finance, or a related field.
• Minimum of 6 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.