Senior AP Accountant

Giza Arabia; Riyadh; On-site; SAR 40,000 - 60,000; Full time

Job summary

A financial services company in Riyadh is seeking an accountant to maintain financial records for petty cash and cash-on-hand, review invoices for accuracy, and assist with month-end closings. The ideal candidate should have excellent MS Office skills and strong analytical abilities. This role involves extensive communication and a good command of English.

Responsibilities

• Maintain financial records for petty cash and cash-on-hand.
• Review invoices and payment requests for accuracy.
• Perform daily accounting entry on the system.
• Reconcile GL entries for prepayments and accrued expenses.
• Prepare journal entries for cash transactions.

Skills

Excellent knowledge of MS Office

Excellent communication skills

Very good analytical and decision making skills

Very good command of English

Job description

Responsibilities

• Maintain financial records for petty cash and cash-on-hand.
• Review invoices and payment requests for accuracy.
• Daily accounting entry on the system and recording invoices.
• Reconcile GL entries in terms of prepayments, amortizations, advances, and accrued expenses.
• Prepare journal entries for local and foreign petty cash and cash-on-hand transactions.
• Reconciliation of payments and prepare analysis of petty cash.
• Review temporary and permanent cash in advance requests.
• Daily audit for employee expense claims.
• Assist in month end and year end closing and produce monthly reports.
• Monthly follow up on petty cash and permanent/temp loans settlements.
• Perform monthly review of vendor statements.
• Review all LoBs/Departments’ payment requests to ensure that they are allowable and authorized.
• Review and receive from all LoBs/Departments’ cash, cheques and transfers’ requests and process the payment voucher.
• Review and reconcile all advances given to LoBs/Departments or employees.
• Analyze all expenses per LoB and compare with the budget report.
• Prepare and reconcile monthly prepaid expense statements.
• Send periodic confirmation to employees to ensure that the company’s payables balance matches with the employees’ financial custody.

Skills

• Excellent knowledge of MS Office.
• Excellent communication skills.
• Very good analytical and decision making skills.
• Very good command of English.