Executive - Accounts Payable

At Six Flags & Aquarabia Qiddiya City, the Executive - Accounts Payable will play a crucial role in ensuring the timely and accurate processing of invoices, payments, and vendor reconciliations. The role involves maintaining detailed financial records, supporting compliance efforts, and contributing to the smooth functioning of the Accounts Payable department. Requirements Education: Minimum Diploma in Accounting, Finance or a related field. Completion of relevant accounting or finance courses, such as Accounts Payable Management, or VAT Compliance is a plus. Experience: 0-2 years of experience in accounts payable or a related finance role. Skills: Basic understanding of accounting principles and accounts payable processes. Familiarity with accounting software or ERP systems is an advantage. Ability to process high volumes of transactions accurately. Capability to manage multiple tasks and meet deadlines. Strong verbal and written communication skills for interaction with vendors and team members. Proactive approach to resolving payment discrepancies and vendor issues. Proficiency in Excel and Word for reporting and record-keeping. Languages: Fluent in English. Job Responsibilities: ▪ Review, verify, and process vendor invoices, ensuring compliance with company policies and guidelines. ▪ Match invoices with purchase orders and goods receipts to ensure accuracy before payment approval. ▪ Enter invoice details into the accounting system with a high degree of accuracy and timeliness. ▪ Prepare and process payments, including electronic funds transfers (EFTs), checks, and wire transfers, in accordance with agreed-upon terms. ▪ Assist in generating payment runs and ensuring proper authorization for all disbursements. ▪ Monitor and reconcile payment discrepancies, resolving issues promptly with vendors. ▪ Maintain accurate and up-to-date vendor records in the financial system. ▪ Respond to vendor inquiries regarding payment status and account reconciliations. ▪ Build positive relationships with vendors to ensure seamless collaboration. ▪ Reconcile accounts payable transactions, ensuring accuracy between vendor statements and company records. ▪ Assist in preparing periodic reports, such as aging analysis and accounts payable summaries, for management review. ▪ Support month-end and year-end closing processes by ensuring all invoices and payments are properly recorded. ▪ Ensure adherence to tax regulations, such as VAT, and company policies for all transactions. ▪ Maintain organized records of invoices, payment approvals, and supporting documentation for audit purposes. ▪ Assist in the implementation of internal controls to safeguard against errors or fraud. ▪ Identify opportunities to enhance efficiency within the account's payable workflow. ▪ Support the adoption of automated tools and technologies to streamline invoice and payment processing. ▪ Other duties as assigned.