Senior Specialist - Accounts Payable Accountant

OVERVIEW

NEOM is an accelerator of human progress and a vision of what a new future might look like. A region in northwest Saudi Arabia on the Red Sea, NEOM is being built from the ground up to include hyperconnected, cognitive cities, ports, next-generation infrastructure and industries, enterprise zones, research centers, sports and entertainment venues and tourist destinations.

As a destination, it will be a home for people who dream big and want to be part of building a new model for exceptional livability, creating thriving businesses and reinventing environmental conservation.

As a workplace, it is a place for people who share our core values of care, curiosity, diversity, passion, respect, and becoming a catalyst for change.

Are you ready to help NEOM find solutions to the world’s most pressing challenges? Are you prepared to create a lasting legacy that benefits generations to come? Then we want to hear from you!

ROLE OVERVIEW

To support the Financial Operations leadership- Finance Director, Managers, in carrying out the responsibilities in the Payment Operations team.

REQUIREMENTS SUMMARY

• 3+ years of payment operations experience in Accounts Payable or Treasury Operations
• Experience using SAP/S4 HANA for payment processing
• Experience with Saudi bank clearing systems, B2B and Swift payment channels
• Skilled in dealing with financial and numeric data
• Skilled in use of Excel/PowerPoint
• Good communication skills
• Team player
• Excellent work habits, including a willingness to work the hours necessary to complete the required tasks
• Ability to work in deadline driven oriented tasks

ROLE COMPETENCIES & ACTIVITIES

The Senior Specialist Accounts Payable Accountant responsibilities will include, but not be limited to:

• Accurately process daily payment transactions, including procure to pay wire transfers initiated through SAP, ensuring compliance with company policies and regulatory requirements
• Perform regular reconciliations of payment accounts to ensure all transactions are accounted for and discrepancies are resolved promptly
• Prepare weekly cash forecasting reports capturing procure-to-pay cash flows and all other material cash flows
• Perform daily cash positioning and FX funding requirements as needed
• Analyze payment data to identify trends, anomalies, and areas for improvement, providing insights and recommendations to senior team members
• Prepare and maintain detailed reports on payment activities, transaction volumes, and key performance indicators (KPIs) for management review.
• Assist with resolving payment-related inquiries and issues from internal and external customers, providing timely and professional support
• Contribute to the development and implementation of process improvements to enhance the efficiency and accuracy of payment operations
• Work closely with cross-functional teams, including finance, IT, and customer service, to support payment operations and resolve any issues
• Review of employee expense claims and coordination of company policy implementation
• Respond to audit enquiries providing timely and accurate information.

CULTURE AND VALUES

• Embrace NEOM’s culture and Values https://www.neom.com/en-us/about
• Act with honesty and integrity by following best practices, and upholding the robust standards and expectations set out in NEOM’s Code of Conduct.
• Maintain fair, ethical and professional work practices in accordance with NEOM’s Values and Code of Conduct.

EXPERIENCE & QUALIFICATIONS

Knowledge, Skills and Experience

• 3+ years of payment operations experience in Accounts Payable or Treasury Operations
• Ability to manage multiple priorities and work accurately under pressure
• Can represent the team as subject matter expert on cross departmental projects

Qualifications

• Bachelor’s Degree in Accounting or relevant
• Working towards accounting, CTP or ACT qualification beneficial