Accounts Payable (Saudi National Only)

About the Role

Faena The Red Sea is seeking an Accounts Payable professional to join its Finance team in Saudi Arabia. This full-time role is central to ensuring accurate and timely financial transactions, upholding the company's commitment to excellence in all financial interactions. The position requires 2-5 years of relevant experience.

Role Purpose

The Accounts Payable role is a vital pillar within the Finance team, responsible for managing vendor payments, processing invoices, and maintaining financial integrity. This position ensures that all financial operations align with Faena's standards and contribute to operational efficiency and trust.

Key Responsibilities

• Coordinate with Purchasing, Receiving, and department leaders to ensure accurate collection, verification, and entry of invoices and Purchase Orders into the financial system.
• Match invoices against approved Purchase Orders and receiving documentation to confirm accuracy before posting to Accounts Payable.
• Track payment due dates and process approved payments in alignment with Faena financial policies and vendor agreements.
• Maintain a structured, compliant filing system for all invoices, PO documentation, and receipts in both physical and digital formats.
• Investigate discrepancies between supplier invoices and received goods or services to prevent delays and disputes.
• Handle supplier inquiries professionally, providing timely resolutions.
• Liaise with vendors to document follow-ups, explanations, and outcomes, ensuring clear audit trails and transparency.
• Reconcile vendor statements with internal records to ensure payables remain current, accurate, and audit-ready.
• Prepare regular AP reports, including aging summaries and variance analysis, to support finance leadership and strategic planning.
• Support internal and external audits by providing required documentation and accurate records.
• Maintain impeccable audit trails and ensure all payment activities conform to Faena and corporate finance standards.
• Execute responsibilities within established SOPs, financial protocols, and Faena brand standards.
• Partner with Purchasing, Cost Control, Receiving, and Operations to maintain alignment on payment cycles, contract compliance, and budget considerations.
• Ensure invoices and POs are properly validated, coded, and approved by relevant HODs before processing.
• Continuously seek opportunities to enhance AP efficiency, accuracy, and innovation.
• Uphold all Health, Safety, and Environment (HSE) standards.
• Perform additional duties or tasks as requested by leadership with discretion and professionalism.

Experience and Qualifications

• 2-5 years of experience in an Accounts Payable role or a related financial position.
• Demonstrated ability to manage financial transactions with accuracy and integrity.
• Proficiency in financial systems and maintaining organized records.

Work Environment

This is a full-time position within the Finance team at Faena The Red Sea, based in Saudi Arabia. The role involves collaboration with various departments and external vendors.

Application Process

Further details regarding the application process and salary will be disclosed during the recruitment stages.