Job Description
Bayut is the number one property portal in the Kingdom, connecting millions of users across the country. We are committed to delivering the best online search experience. As part of Dubizzle Group, Bayut is alongside some of the strongest classifieds brands in the market. With a collective strength of 10 brands, we have more than 200 million monthly users that trust in our dedication to providing them with the best platform for their needs.
As an Accounts Payable (AP) Accountant, you will handle all accounts payable activities, ensuring accurate invoice processing, reconciliation, and compliance.
In this role, you will:
Accounts Payable Management:
- Process and verify invoices for accuracy, matching purchase orders, and receiving reports and other supporting documents;
- Ensure timely payments to vendors and suppliers while managing and reconciling accounts payable records;
- Track and resolve any discrepancies, errors, or disputes in invoices and payments.
Financial Reporting:
- Prepare and review monthly, quarterly, and annual financial reports related to accounts payable;
- Assist in the preparation of financial statements, ensuring compliance with applicable standards and policies;
- Analyse AP-related expenses, variances, and trends to provide insights to the finance team.
Compliance and Documentation:
- Maintain accurate records for all accounts payable transactions and ensure compliance with internal controls and regulatory requirements;
- Conduct periodic reviews and audits of AP records to identify any inconsistencies or areas for improvement.
Process Improvement:
- Identify and recommend improvements to the AP process to enhance efficiency, accuracy, and financial reporting;
- Collaborate with the finance and procurement teams to optimise workflows and implement best practices.
Vendor Relations:
- Develop and maintain strong relationships with vendors and suppliers, addressing inquiries and resolving payment issues promptly.
