Accountant III, Account Payable Job

An exciting opportunity is available for Accountant III, Accounts Payable located in Riyadh.

Report to: Section Head, Accounts Payable

Job purpose:

Maintains and follows up day-to-day operations in Accounts Payable Section including verifying accuracy and processing of supplier invoices, ensuring timely payments, reconcile suppliers’ statement of accounts, resolve payment discrepancies, and maintain supplier records, co-ordinates with procurement, logistics and other teams. Makes sure that company policy and procedures related to day-to-day management of payment cycle activities are complied with in a timely and efficient manner.

Role responsibilities:

• Perform day-to-day financial transactions, including review and post supplier invoices, processing supplier advance requests and credit notes.


• Preparing daily and weekly payment runs and process payments.


• Follow up processing receipts for goods/services rendered.


• Review petty cash expenses and process payments to petty cash holders.


• Liaising with suppliers to resolve payment queries.


• Performing suppliers balance reconciliation with internal records.


• Working with various stakeholders to improve AP processes, controls & analysis and that accounts payable ledgers and journals are up to date.


• Generating reports and statements for internal use.


• Assisting with month end and year end activities and group reporting.


• Supporting internal and external audit requirements.


• Ensuring compliance with internal policies and procedures.


• Engaging in ongoing educational opportunities to update job knowledge.

Qualification and Requirements:

• University degree in Accounting, Finance or related discipline.


• 4+ years’ experience in public accounting and/or corporate accounting in Finance departments for a similar role.


• Good communication skills.


• Knowledge of international accounting standards like IFRS.


• Knowledge of SAP is required.


• Good skills for preparation of financial reports.


• Should have good knowledge of Excel, Word, and Power BI.


• Willing to learn and implement the learnings.


• Problem solving, ability to articulate.


• Must be detail-oriented.


• Customer service orientation and negotiation skills.