Senior Accountant – Accounts Payable

Apsco; Makkah Al Mukarramah, Jeddah; On-site; SAR 150,000 - 200,000; Full time

Job summary

A leading financial services company in Makkah seeks an experienced Accounts Payable Manager. The role involves managing the accounts payable process, ensuring compliance with internal controls and VAT regulations, and maintaining strong supplier relationships. Candidates should possess a Bachelor's degree in Accounting or Finance, with 5–8 years of relevant experience. Proficiency in ERP systems, particularly JD Edwards, is preferred. Fluency in English is required, and Arabic is advantageous.

Qualifications

• 5–8 years of experience in accounts payable or related accounting functions.
• Strong exposure to VAT/ZATCA regulations.
• Previous experience in a multinational or large organization is an advantage.

Responsibilities

• Manage end-to-end accounts payable process and vendor invoicing.
• Ensure compliance with VAT/ZATCA regulations.
• Support month-end and year-end closing activities related to accounts payable.

Skills

Attention to detail

Problem-solving

Interpersonal skills

Excel proficiency

Education

Bachelor’s degree in Accounting or Finance

Professional qualifications (SOCPA, CMA, ACCA)

Tools

JD Edwards

Job description

Job purpose

To manage the end-to-end accounts payable process, ensuring accurate and timely processing of vendor invoices, compliance with internal controls and tax regulations, and maintaining strong supplier relationships. The role plays a key part in safeguarding company cash flow, supporting the monthly closing process, and ensuring compliance with ZATCA requirements.

Responsibilities

• Accounts Payable Management:
• Review and verify vendor invoices, purchase orders, and contracts to ensure accuracy and compliance.
• Process supplier invoices in ERP (JD Edwards) in a timely and accurate manner.
• Monitor AP aging reports, prioritize payments, and manage vendor reconciliations.
• Support cash flow management through accurate scheduling of payments.

• Compliance & Controls:
• Ensure all transactions comply with company policies, DOA, and IFRS standards.
• Maintain compliance with VAT/ZATCA regulations, ensuring proper tax treatment of payables.
• Assist in preparation of VAT returns and respond to audit/tax queries.
• Strengthen AP internal controls and recommend process improvements.

• Closing & Reporting:
• Support month-end and year-end closing activities related to AP.
• Prepare accruals, reconciliations, and supporting schedules for financial reporting.
• Provide AP-related insights and variance analysis to management.

• Stakeholder Engagement:
• Act as a point of contact for suppliers regarding billing and payment queries.
• Collaborate with procurement, treasury, and other finance teams to resolve discrepancies.
• Build and maintain professional relationships with internal and external stakeholders.

Qualifications

• Education & Certification:
• Bachelor’s degree in Accounting or Finance.
• Professional qualifications (SOCPA, CMA, or ACCA) preferred.

• Experience:
• 5–8 years of progressive experience in accounts payable or related accounting functions.
• Strong exposure to VAT/ZATCA regulations.
• Previous experience in a multinational or large organization is an advantage.

• Technical Skills:
• Proficiency in ERP systems (JD Edwards preferred).
• Strong Excel skills and ability to work with large data sets.
• Knowledge of IFRS and local compliance requirements.

• Soft Skills:
• High attention to detail and accuracy.
• Strong problem-solving and reconciliation skills.
• Ability to work under pressure and meet deadlines.
• Effective communication and interpersonal skills.
• Fluency in English; Arabic is an advantage.