Associate - Accounts Payable

Bayut | dubizzle; Riyadh; On-site; SAR 48,000 - 70,000; Full time

Job summary

A leading company in the property portal sector is seeking an Associate in Accounts Payable to manage commission payouts and financial reporting. The role demands a strong understanding of accounts payable processes, analytical skills, and the ability to meet tight deadlines in a fast-paced environment. Candidates should have relevant experience and a Bachelor's degree in a related field.

Benefits

Comprehensive Health Insurance

Rewards and recognition

Learning & Development

Qualifications

• 1–3 years of relevant experience in accounts payable or finance operations.
• Strong understanding of partner/channel sales models.
• Ability to handle pressure and meet tight deadlines.

Responsibilities

• Ensure error-free calculation of commissions for affiliates and brokers.
• Prepare reports on commission disbursements and cost-to-revenue ratios.
• Coordinate with different teams to resolve payout discrepancies.

Skills

Financial Reconciliation

Communication

Analytical Skills

Client Service Dynamics

Education

Bachelor’s degree in Finance, Accounting, Business Administration, or related field

Tools

Excel

Job description

Bayut is the number one property portal in the Kingdom, connecting millions of users across the country. We are committed to delivering the best online search experience. As part of Dubizzle Group, Bayut is alongside some of the strongest classifieds brands in the market. With a collective strength of 10 brands, we have more than 200 million monthly users that trust in our dedication to providing them with the best platform for their needs.

The Associate – Accounts Payable (Affiliates & Brokers) is responsible for ensuring timely, accurate, and

compliant processing of commissions and incentive payouts to affiliates and brokers. The role involves

maintaining payout schedules, managing financial reporting, addressing discrepancies, and coordinating with

key internal stakeholders including Audit, Payables, and Key Account Managers (KAMs).

In this role, you will:

• Ensure error-free calculation and disbursement of commissions and incentives for affiliates and brokers.
• Verify supporting documentation, deal details, and policy adherence before processing payouts.
• Commission Schedule Management
• Roll out periodic commission schedules in a timely and structured manner.
• Coordinate with relevant teams to confirm accuracy of scheduled payments.
• Turnaround Time (TAT) Management
• Monitor and maintain agreed TATs for all commission-related disbursements.
• Proactively resolve bottlenecks and escalate delays as necessary.
• Financial Reporting
• Prepare and circulate regular reports on commission disbursements and cost-to-revenue (C2R)
• ratios.
• Ensure data accuracy and consistency across reports for internal reviews and audits.
• Anomaly Detection
• Identify and highlight anomalies or inconsistencies in payouts.
• Investigate discrepancies and work with cross-functional teams to resolve issues.
• Bulk Deal Commission Handling
• Process and verify large-volume/bulk commission payments related to special deals or campaigns.
• Ensure proper tagging and documentation of bulk deals for traceability.
• Stakeholder Coordination
• Serve as liaison between Audit, Payables, and Key Account Managers (KAMs) to ensure alignment on
• payout matters.
• Support audit requirements by providing necessary documentation and clarifications.

• Bachelor’s degree in Finance, Accounting, Business Administration, or related field.
• 1–3 years of relevant experience in accounts payable or finance operations.
• Experience in affiliate or broker payment environments is a strong advantage.
• Strong understanding of partner/channel sales models and client service dynamics.
• Intermediate to advanced proficiency in Excel and reporting tools.
• Sound knowledge of accounts payable processes and controls.
  Ability to analyse.
• Good understanding of financial reconciliation and documentation standards.
• Ability to handle pressure and meet tight deadlines.

• High-performing and fast-paced work environment.
• Comprehensive Health Insurance
• Rewards and recognition
• Learning & Development

#KSABayut

Bayut is an equal-opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.