Accounts Payable Supervisor | Retail Industry

Accounts Payable Supervisor - Riyadh - Saudi Arabia

Leverage your abilitiesand join the dynamic team ofthe market leader in the home improvement retail business. It is also the largest total home solution superstore in the Kingdom of Saudi Arabia and the largest distributor of Ace Hardware worldwide. Serving most market segments, it operates over 1.5 million square feet of retail space and offers 45,000 items.

As an Accounts Payable Supervisor, you'll manage the AP operations. The successful candidate will oversee all aspects of the accounts payable process, including payment processing (local and foreign), clearing accounts, and reporting, with a strong emphasis on utilizing SAP and Microsoft accounting software.

Experience in a retail environment is essential.

Key Responsibilities:

• Accounts Payable Management:
  • Supervise the daily operations of the AP department, ensuring timely and accurate processing of vendor invoices, expense reports, and payment runs.
  • Manage the full cycle of AP activities, including vendor setup, invoice verification, and payment processing.
  • Handle both local and foreign payment processes, ensuring compliance with regulations and internal policies.
• SAP and Microsoft Accounting:
  • Ensure proper use of SAP for processing, reporting, and analyzing financial transactions.
  • Utilize Microsoft Accounting tools to maintain accurate financial records and generate reports.
• Clearing Accounts:
  • Monitor and manage clearing accounts, ensuring proper reconciliation of payments and transactions.
  • Investigate and resolve any discrepancies in clearing accounts in a timely manner.
• Reporting:
  • Prepare accurate and timely AP reports, including aging reports, payment schedules, and vendor account reconciliations.
  • Assist in the month-end and year-end closing processes by providing required reports and data.

Requirements:

• Experience: Minimum of [5] years of experience in Accounts Payable or a related field, with at least [3] years in a supervisory role.
• Education: Bachelor’s degree in Accounting, Finance, or a related field.
• Technical Skills:
  • Must have expertise in SAP and Microsoft Accounting software.
  • Strong knowledge of local and foreign payment processing and clearing accounts.
  • Proficiency in Microsoft Office, particularly Excel.

Preferred Qualifications:

• Familiarity with VAT regulations and tax reporting.
• Knowledge of e-invoicing processes.