Account Payable Manager Raffles & Fairmont The Red Sea📣 Job Ad

About the Role

Raffles & Fairmont The Red Sea, part of Accor, is seeking an experienced Account Payable Manager to join its finance team in Umluj. This full-time position requires a professional with a strong understanding of accounts payable operations to ensure accurate and timely financial processes within a luxury hospitality environment.

Key Responsibilities

• Oversee all aspects of the accounts payable function, including invoice processing, verification, and payment execution.
• Reconcile vendor statements and promptly address any discrepancies.
• Maintain comprehensive and accurate records of all payable transactions, ensuring adherence to company policies and Saudi Arabian financial regulations.
• Process invoices and payments efficiently, respecting established approval workflows and authorization limits.
• Develop and implement accounts payable procedures to enhance operational efficiency and best practices.
• Analyze accounts payable aging reports to support effective cash flow management.
• Liaise with vendors to resolve billing inquiries, disputes, and negotiate payment terms.
• Prepare detailed financial reports and reconciliations for management review.
• Train and supervise accounts payable staff, ensuring compliance with processes and requirements.
• Utilize accounting software and ERP systems for organized financial record-keeping.
• Ensure all transactions comply with company policies, internal controls, and applicable regulations.
• Collaborate with other departments to support organizational financial objectives.

Required Qualifications and Experience

• A minimum of 5 years of professional experience in accounts payable management or a similar accounting role.
• Proven experience managing accounts payable operations, preferably within the hospitality or hotel sector.
• Advanced proficiency with accounting software and ERP systems such as SAP, Oracle, or equivalent.
• Strong expertise in invoice processing, vendor management, and financial reconciliation.
• Proficiency in Microsoft Excel and financial management systems.
• Knowledge of Saudi Arabia financial regulations and compliance requirements.
• Experience with multi-currency transactions and international vendor management is beneficial.

Essential Skills and Attributes

• Excellent analytical and problem-solving skills with meticulous attention to detail.
• Demonstrated ability to manage multiple priorities and meet strict deadlines.
• Strong organizational and time management skills.
• Excellent written and verbal communication skills in English.
• Proven leadership capability with experience supervising accounting staff.
• Ability to work independently and collaboratively within a team environment.
• Professional demeanor with strong ethical standards and integrity.

Work Location and Type

This is a full-time position based in Umluj, Saudi Arabia, at Raffles & Fairmont The Red Sea.