Assistant Manager - Accounts Payable

About the Role

Qiddiya Investment Company seeks a skilled and driven Assistant Manager - Accounts Payable to join our finance team in Riyadh. This position plays a vital role in maintaining the smooth functioning of accounts payable operations to safeguard the company's financial wellbeing. The individual will lead and oversee all activities related to accounts payable, ensuring timely and accurate processing of invoices and payments, while fostering productive relationships with vendors and internal stakeholders.

Key Responsibilities

• Lead and supervise the accounts payable team, guaranteeing prompt and precise invoice and payment processing.
• Thoroughly review and authorize vendor invoices, ensuring alignment with company policies and applicable regulations.
• Facilitate communication between vendors and internal departments to promptly resolve invoice discrepancies and payment issues.
• Maintain accurate and up-to-date vendor records within the accounting system.
• Perform regular audits of accounts payable transactions to confirm compliance with internal controls.
• Support month-end and year-end closing processes concerning accounts payable.
• Generate reports and analyze accounts payable data to uncover trends and identify areas for process improvements.
• Stay informed on best practices and regulatory changes affecting accounts payable management.

Candidate Requirements

• Bachelor’s degree in Accounting, Finance, or a related discipline.
• At least five years of experience in accounts payable, finance, or related functions.
• Comprehensive understanding of accounts payable procedures, internal control frameworks, and financial regulatory standards.
• Proficiency with accounting software and advanced skills in Microsoft Excel.
• Keen attention to detail combined with strong analytical capabilities.
• Proven track record of effective team leadership and management.
• Strong communication and interpersonal skills.
• Ability to prioritize and handle multiple responsibilities efficiently in a dynamic work environment.