About the Role
ArcelorMittal Tubular Products Al-Jubail is seeking a dedicated and detail-oriented Accounts Payable Specialist to join their finance team. This full-time role is integral to managing the company's accounts payable cycle efficiently and accurately. The Specialist will be responsible for processing invoices and payments, maintaining meticulous records, and ensuring timely financial transactions in line with company policies and accounting best practices. The primary objective of this position is to ensure the smooth and accurate functioning of the accounts payable process, contributing to the overall financial health of the organization.
Key Responsibilities
- Manage all accounts payable transactions, including receiving invoices and reconciling them with vendors.
- Maintain up-to-date accounts payable records, ensuring aging reports are current, credits and payment endorsements are applied, unclaimed amounts are accounted for, and miscellaneous discrepancies are resolved.
- Prepare analytical and ratio analyses related to accounts payable to provide management with insights into payable performance.
- Meticulously maintain files and documentation in accordance with company policy and accepted accounting practices.
- Create, maintain, and coordinate the implementation of accounting and accounting control procedures.
- Support the preparation of required financial reports and conduct financial analysis in a timely manner.
- Address any ad hoc matters as directed by superiors.
- Manage and initiate accounts closure procedures in coordination with other sections to ensure timely account finalization.
- Follow and implement procedures to eliminate errors and ensure accurate postings to the correct General Ledger accounts.
- Process, track, and accurately record sales transactions in an efficient and timely manner.
- Manage petty cash expense accounts and reports.
- Process invoices and payments using a 3-way matching system.
Qualifications and Requirements
- Bachelor's degree in Accounting, Finance, or any related field.
- A minimum of 3 years of experience in similar accounts payable positions.
- Possession of a SOCPA Certificate (Saudi Organization for Certified Public Accountants) is required.
Required Skills and Competencies
- Advanced proficiency with software applications and relevant systems.
- Strong ability to work effectively under pressure.
- Excellent interpersonal, problem-solving, communication, and collaboration skills.
- Demonstrated high professional integrity, honesty, trustworthiness, commitment, and motivation.
- Strong focus on accuracy and effective time management.
- Effective English communication skills.
- Experience with Accounts Payable processes, including invoice processing, payment processing, and vendor reconciliation.
- Proficiency in using a 3-way matching system.
- Experience in Petty cash management.
- Ability to generate and interpret Aging reports.
- Proficiency in Analytical analysis and Ratio analysis.
- Strong skills in Documentation and maintaining accounting records.
- Knowledge of Accounting procedures and Accounting control procedures.
- Experience in Report preparation.
- Familiarity with General Ledger postings.
Work Location and Type
This is a full-time position based in Al Jubail, Eastern Province, Saudi Arabia.
