ACCOUNTANT, ACCOUNTS PAYABLE Full Time NEW

Job Purpose

Perform and execute accounts payable processes (Invoices, payments, reconciliations, reports, vendor relations processes) and ensuring timely and accurate financial transactions inline with the internal policies and external regulations.

Key Accountability Areas

Invoice Processing: 

• Process and verify vendor invoices, ensuring accuracy and proper authorization.
• Resolve invoice disputes with vendors before posting to ensure accuracy and compliance.
• Verify invoice accuracy and secure appropriate authorizations to ensure compliance before processing.

Payment Processing: 

• Initiate and process payments for vendors, ensuring that payments are timely, within agreed terms, and properly authorized.

Vendor Reconciliation: 

• Perform regular vendor account reconciliations to ensure that addressing inquiries discrepancies are identified and resolved promptly.

Vendor Relations: 

• Maintain effective communication with vendors and resolve disputes promptly.

Compliance and Documentation: 

• Maintain accurate records of invoices, payments, and correspondence for audit purposes.

Reporting: 

• Prepare and update regular reports outstanding, Aging, etc.

Role Accountability

HR Proficiency:

• Ability to obtain updated soft and technical skills related to the job.

Delivery:

• Perform the planned activities to meet the operational and development targets as per delivery schedules.
• Utilize resources effectively to achieve objectives within efficient cost and time.
• Provide a periodic report formatted by detailing the deviation and execution of planned tasks.

Problem-Solving:

• Solve any related problems arise and escalate any complex operational issues.

Quality:

• Ensure quality requirements to develop effective quality control and processes including specifications for products or processes or related activities.

Business Process Improvements:

• Coordinate well-defined written systems, policies, procedures, and seek automations opportunities as much as possible.

Compliance:

• Comply to related policy and procedures and work instructions.

Health, Safety, and Environment:

• Ensure compliance of relevant safety, quality, and environmental management procedures and controls within defined area of work activity to guarantee safety, legislative compliance, and delivery of high-quality products/services.

Academic Qualification Bachelor Degree in Accounting or Any relevant field Work Experience 0 to 2 Years Technical / Functional Competencies Accounting Methods Accounting Best Practices Accounting Systems Appropriations Planning Compliance Management Vendor Management

Profile description:

Alfanar is a Saudi company with an international presence, primarily engaged in the manufacturing and trading of a wide variety of low, medium, and high voltage electrical products, in addition to its portfolio of conventional and renewable energy solutions, oil and gas, water treatment, infrastructure, technical services, and digital solutions.

The hub of alfanar’s manufacturing operations is Medinet alfanar Alsinaiya, a 700,000 square-meter complex located in Riyadh. The complex houses an array of ultra-modern manufacturing facilities and laboratories equipped with state-of-the-art technologies and staffed with highly skilled professionals.

alfanar derives its success from its commitment to providing the highest quality standards to its customers, and the continuous development of its human capital, who alfanar considers its most valuable asset. With this in mind, alfanar promotes a proactive work environment where its employees are always valued, nurtured, and empowered to fuel their pride in being part of alfanar.

For more information about alfanar, please visit alfanar.com