Accounting Analyst (PTP)

ASMO is a groundbreaking joint venture between DHL and Saudi Aramco. Inheriting DHL’s logistics excellence and Saudi Aramco’s extensive supply chain ecosystem, we are here to set a new benchmark and redefine the procurement and supply chain landscape, enabling growth.

ASMO aims to be operational in 2025 and provide reliable end-to-end integrated procurement and supply chain services for companies across the industrial, energy, chemical, and petrochemical sectors. Our focus customers in the short term will be Saudi Aramco and its Affiliates. In the long term, all the industrial sectors within Saudi Arabia aim to reach the MENA region.

Objective:

The role holder is responsible for overseeing the day-to-day operations of accounts payable activities. Responsible for payable accounting, internal control and policies & Procedure as per accounting standards.

General Responsibilities:

• Manage and control the AP ledger activities and ensure compliance with accounting principles and regulatory requirements.
• Perform payment process, ensuring efficient procurement, invoice processing, and payment procedures.
• Reconciliation between suppliers’ statement of accounts with ASMO’s payable books.
• Investigate and resolve discrepancies in the suppliers and ASMO accounts.
• Monthly closing process in coordination with other tower leads such as RTR and OTC.
• Work in coordination with other departments to ensure timely and error free payments.
• Coordinate with the Internal Audit function to ensure compliance with audit practices and prepare accordingly when preparing for external audits.
• Liaise with technology team to ensure calibration of accounting software and sourcing of solutions from Accounting or IT consultants where required.
• Coordinate successful implementation of auditors’ recommendations and reporting accordingly.
• Maintain electronic and physical records of all accounts payables and payments transactions and operations.
• Ensure that all relative reports are prepared timely and accurately, and meet the Department’s requirements, policies and standards.

Qualifications:

• Bachelor’s degree in finance, Accounting, Economics or equivalent from a recognized and accredited university is required.
• ACCA preferred.
• Demonstrated proficiency in oral and written English.
• 5 years’ experience in the same Field.