Accountant

About the Role

Premium Food Company is seeking a full-time Accountant specializing in Accounts Payable to join its Finance team. This role is based in Makkah, with operations also extending to Jeddah. The ideal candidate will be detail-oriented and proactive, responsible for managing vendor accounts and ensuring accurate financial processes.

Role Purpose

The primary purpose of this position is to manage all aspects of accounts payable, including accurate invoice processing, conducting statement reconciliations, and maintaining seamless coordination with procurement and banking operations. This role is critical for ensuring the financial integrity of vendor transactions.

Key Responsibilities

• Review supplier invoices to ensure accuracy and validity of procurement entries, verify cost management reviews, and post them to accounts.
• Perform monthly reviews of supplier accounts through statement reconciliations and resolve discrepancies promptly.
• Conduct quarterly and annual reconciliations, carrying forward statements throughout the year.
• Schedule payments to suppliers in accordance with payment terms established by the procurement department.
• Update payment terms for suppliers and explore options to extend grace periods in coordination with procurement.
• Prepare payment vouchers by the 3rd of the following month at the latest.
• Review and track advance payments made to suppliers, reconciling them in Payables and the General Ledger (GL).
• Record customs clearance invoices for foreign purchases.
• Record executed transfer journal entries daily in coordination with bank accountants.
• Perform any other duties assigned by the direct manager.

Qualifications and Experience

• A minimum of 2 to 5 years of experience in an accounting role, preferably with a focus on Accounts Payable.
• Demonstrated ability to manage vendor accounts and process invoices accurately.
• Strong understanding of financial reconciliation processes.

Work Environment and Location

This is a full-time position within the Finance team of Premium Food Company. The primary work location is Makkah, with responsibilities that may involve coordination with operations in Jeddah.

Application Process

Candidates who meet the qualifications are encouraged to apply. Salary details will be discussed during the interview process.