Accounts Payable and Payments

Company: Burjline Builders –

WebSite: Riyadh, Saudi Arabia

Job Description:**Responsibilities:**

The incumbent shall be responsible for the full spectrum of accounts payable operations, encompassing invoice processing, payment management, vendor communication, account reconciliation, and financial reporting. This includes meticulous review, verification, and processing of vendor invoices, ensuring accurate coding and adherence to company policies. The incumbent will also prepare and execute timely vendor payments, maintain comprehensive financial records, and ensure compliance with established payment terms. Furthermore, the incumbent will foster strong vendor relationships through effective communication regarding invoice inquiries and payment statuses, while diligently resolving any discrepancies. Regular reconciliation of accounts payable records will be conducted to ensure accuracy and prompt resolution of any discrepancies. The preparation and submission of timely and accurate accounts payable reports, including aging reports and payment forecasts, to the finance department is also required. The incumbent will maintain compliance with all relevant financial regulations and internal policies pertaining to accounts payable and payments. Moreover, the incumbent will assist in monitoring departmental budgets by tracking expenses and ensuring adherence to budgetary guidelines. Collaboration with internal departments, such as finance and procurement, will be essential to ensure accurate and efficient processing of invoices and payments. Support will be provided for internal and external audits by providing necessary documentation and support related to accounts payable activities. The incumbent is expected to remain informed about best practices in accounts payable management and proactively suggest process improvements to enhance efficiency and effectiveness.

**Qualifications:**

The ideal candidate will possess a demonstrable capacity for meticulous attention to detail, ensuring a high degree of accuracy in invoice processing and financial record management. Strong organizational skills are essential for effectively managing multiple tasks and prioritizing responsibilities. The candidate should exhibit excellent written and verbal communication skills, enabling professional interaction with vendors and internal teams. A proven ability to identify discrepancies and develop effective solutions for invoice and payment issues is required. The candidate must uphold strong ethical standards and integrity in handling financial transactions and vendor accounts. Furthermore, the ability to collaborate effectively with cross-functional teams to enhance financial operations is necessary. Effective time management skills are also essential for consistently meeting deadlines.

**Performance Indicators:**

Key performance indicators include the timely processing of all vendor payments in accordance with established payment terms, the maintenance of high accuracy in invoice processing and account reconciliations, the cultivation of positive vendor relationships through effective communication and timely issue resolution, the provision of timely and accurate accounts payable reports to the finance department, the identification and implementation of process improvements to enhance accounts payable efficiency and effectiveness, and the sustained compliance with all relevant regulations and internal policies related to accounts payable management.

Skills: