Senior Payments Accountant📣 إعلان

About the Role

Reef Group is seeking a Senior Payments Accountant to join its finance team in Riyadh. This full-time position is central to executing and reviewing the company’s payment operations, ensuring a high level of accuracy and compliance.

Role Purpose

The Senior Payments Accountant will ensure that all payment transactions are properly reviewed, processed, recorded, and aligned with internal policies and financial controls. This role is instrumental in maintaining efficient cash flow operations and minimizing financial errors across the organization.

Key Responsibilities

• Review invoices and supporting documents for payment transactions to ensure completeness and compliance with contracts and approved financial policies.
• Prepare and review payment orders, verifying financial data accuracy prior to approval based on delegated authority.
• Process supplier and vendor payments, monitoring due dates to ensure timely settlement.
• Accurately record all payment transactions in the financial system and ensure correct accounting entries.
• Review operating and capital expenditures to ensure proper classification and allocation to the correct cost centers.
• Prepare and review accounts payable reconciliations, monitor open balances, and resolve discrepancies in coordination with relevant departments.
• Coordinate with the treasury function to ensure sufficient liquidity is available before executing scheduled payments.
• Monitor advance payments and pending settlements to ensure timely closure and reconciliation.
• Prepare periodic reports on payments, including overdue payments analysis and recommendations for improvement.
• Communicate with vendors to resolve payment inquiries, discrepancies, and outstanding claims.
• Support month-end and year-end closing activities through payment schedules and reconciliations.
• Ensure compliance with internal financial controls and contribute to improving payment processes efficiency.
• Participate in the automation and enhancement of accounts payable processes to improve data quality and reduce operational errors.

Contribution and Team Environment

This role offers an opportunity to contribute significantly to accurate and efficient financial operations within a dynamic organization. The Senior Payments Accountant will be part of a collaborative finance team, supporting the strengthening of internal controls and the company’s commitment to financial excellence and operational efficiency.

Work Type and Location

This is a full-time position based in Riyadh.

Application Process

Interested candidates are invited to apply.