Assistant Manager Accounts Payable

About Qiddiya Investment Company

Qiddiya Investment Company is seeking an experienced and motivated Assistant Manager - Accounts Payable to join its finance department in Riyadh, Riyadh Province. This full-time role is essential for maintaining efficient accounts payable operations and supporting the company’s financial health.

Role Overview

The Assistant Manager - Accounts Payable will lead accounts payable processes, ensuring all invoices and payments are processed accurately and timely. This position involves fostering strong relationships with vendors and internal stakeholders, overseeing accounts payable activities, auditing processes, and ensuring compliance with corporate policies and regulatory requirements. The role contributes to the continuous improvement of financial operations.

Key Responsibilities

• Supervise the accounts payable team to ensure accurate and timely processing of invoices and payments.
• Review and approve vendor invoices, ensuring compliance with company policies and applicable regulations.
• Manage communications with vendors and internal departments to resolve invoice discrepancies and payment issues.
• Maintain accurate vendor information and records in the accounting system.
• Conduct regular audits of accounts payable transactions to ensure internal controls are followed.
• Assist with month-end and year-end closing activities related to accounts payable.
• Prepare reports and analyze accounts payable data to identify trends and opportunities for process enhancement.
• Stay informed about best practices and regulatory requirements relevant to accounts payable management.

Qualifications and Experience

• Bachelor's degree in Accounting, Finance, or a related field.
• Minimum of 6 years of experience in accounts payable, finance, or related roles.
• Strong knowledge of accounts payable processes, internal controls, and financial regulations.
• Proficiency with accounting software and Microsoft Office, especially Excel.

Required Skills

• Excellent attention to detail and strong analytical skills.
• Proven ability to manage and lead a team.
• Effective communication and interpersonal skills.
• Ability to prioritize and manage multiple tasks in a fast-paced environment.

Application Process

Candidates meeting the stated requirements are encouraged to apply for this position.