Overview
AP Manager Jobs in Riyadh, Saudi Arabia at Aljammaz Group
Are you a finance professional with a passion for streamlining processes, managing vendor relationships, and driving efficiency in Accounts Payable operations? Do you thrive in leading teams and implementing automation solutions to enhance performance? If so, we invite you to join our dynamic team in Riyadh!
About the Role
Were looking for an Accounts Payable (AP) Manager to oversee all AP operations, ensure accurate processing of payments, and enhance vendor communication across the company. This role offers the opportunity to drive process improvements, implement automation, and support Finance Business Partners in addressing AP-related matters for various business units. Youll lead a collaborative team and play a critical role in ensuring compliance and efficiency in AP processes.
What Youll Be Doing :
Vendor Communication and Collaboration :
Establish a unified email channel to streamline vendor communication and manage documents and inquiries.
Ensure timely and accurate processing of vendor documents in the ERP system (e.g., D365) for receipt confirmations.
Address and resolve vendor issues or discrepancies promptly to foster positive relationships and efficient payment cycles.
Payment Processing and Automation :
Oversee weekly payment processes, ensuring timely and accurate transactions while minimizing manual intervention.
Monitor automated workflows, addressing bottlenecks and system issues to maintain seamless operations.
Implement secure and efficient payment practices in compliance with company policies.
Process Improvements and Optimization :
Identify and implement process improvements to enhance efficiency, reduce costs, and minimize errors.
Leverage ERP system features (e.g., D365) to streamline workflows and reporting capabilities.
Support for Finance Business Partners and Business Units :
Collaborate with Finance Business Partners to address AP concerns raised by business units.
Provide insights and support on AP processes, payment timelines, and vendor management to enable informed decision-making.
Act as a central point of contact for AP-related inquiries, ensuring effective communication and resolution.
Reporting and Reconciliation :
Oversee month-end and year-end AP closing processes, ensuring timely reconciliations and compliance with auditing standards.
Prepare and distribute AP reports to management, offering insights into vendor balances, payment trends, and operational efficiency.
Maintain accurate and accessible AP records for audits and reviews.
Team Management :
Lead and manage the AP team, setting performance goals and providing regular feedback to ensure high standards of accuracy and productivity.
Organize training programs to enhance team competencies in AP processes, vendor management, and ERP usage.
Foster a collaborative and efficient team culture that adheres to financial controls and encourages innovation.
What Were Looking For :
Bachelors degree in Accounting, Finance, or a related field (Masters degree or CPA / CMA preferred).
7+ years of experience in Accounts Payable or Finance, including at least 3 years in a Managerial role.
Proven experience with ERP systems (e.g., D365) and AP automation solutions.
Demonstrated success in process improvement and automation within a finance function.
Advanced proficiency in Microsoft Excel and financial analysis tools.
Strong knowledge of financial regulations and standards (e.g., IFRS or GAAP).
Excellent leadership, communication, and problem-solving skills.
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Title: AP Manager
Company: Aljammaz Group
Location: Riyadh, Saudi Arabia
Category: Finance & Banking (Financial Manager, Accounting & Finance, Financial Compliance, CFO)
