Manager - Accounts Payable

Qiddiya | القدية; Riyadh; On-site; SAR 180,000 - 300,000; Full time

Job summary

Qiddiya Investment Company is seeking an experienced Assistant Manager - Accounts Payable to lead the AP function, ensuring accurate and timely processing of invoices and payments. You will oversee the AP team, audit processes, and ensure compliance with company policies and regulatory requirements.

In this role you will manage vendor communications, maintain master data, and drive continuous improvement in financial operations while collaborating with internal stakeholders to support fiscal

Qualifications

• Bachelor's degree in Accounting, Finance, or related field.
• Minimum 8 years experience in accounts payable or related roles.
• Strong knowledge of AP processes, internal controls, and regulations.
• Proficiency with accounting software and MS Office, especially Excel.

Responsibilities

• Supervise the accounts payable team to ensure timely processing of invoices and payments.
• Review and approve vendor invoices ensuring policy and regulatory compliance.
• Communicate with vendors and internal departments to resolve discrepancies.
• Maintain accurate vendor information and records in the system.
• Conduct regular audits of AP transactions to ensure controls.
• Assist with month-end and year-end closing activities related to AP.
• Prepare reports and analyze AP data to identify trends.
• Stay updated on best practices and regulatory requirements.

Skills

Accounts payable

Leadership

Analytical thinking

Attention to detail

Education

Bachelor's degree in Accounting/Finance

Tools

Accounting software

Microsoft 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 8 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