Accounts Payable Supervisor

Job Summary:

We are seeking an experienced Accounts Payable Supervisor to join our Finance Operations team. The successful candidate will be responsible for supervising the accounts payable function, ensuring timely and accurate processing of payments (including regulatory payments such as ZATCA, IA, CMA, and CCHI), maintaining accurate accounting records, and ensuring compliance with internal policies and regulatory standards. This role will also involve managing a team and supporting audit activities.

Key Responsibilities:

• Oversee the processing of all accounts payable transactions to ensure timeliness and accuracy.
• Ensure compliance with internal policies, local regulations, and accounting standards.
• Supervise vendor payments and ensure alignment with SLAs and deadlines.
• Coordinate with regulatory bodies to manage tax, Zakat, and compliance-related payments.
• Maintain and monitor AP-related KPIs such as payment timelines, accuracy, and non-compliance incidents.
• Implement and monitor internal control procedures related to financial transactions.
• Supervise the reconciliation of accounts and periodic financial reporting.
• Support internal, external, and government audits by providing required documentation.
• Lead, train, and evaluate a team of Accounts Payable staff to enhance productivity and ensure professional development.
• Review and ensure timely submission of Zakat & Tax declarations and payments.
• Continuously improve AP processes in line with AMANA’s accounting policies.

Qualifications & Skills:

• Minimum 2 years in a supervisory position within the Finance or Accounting function.
• 4–8 years of total professional experience, preferably in the insurance or financial services sector.
• Bachelor’s degree in accounting or finance.
• Professional certification preferred: CPA, SOCPA, or VAT Specialist.

Skills:

• Strong understanding of IFRS, Zakat & Tax regulations, and statutory compliance.
• Knowledge of financial systems and internal control frameworks.
• Experience in the insurance sector and knowledge of Insurance Authority regulations.
• Strong command of Microsoft Office (especially Excel and PowerPoint).
• Leadership and team management skills
• Strong communication and interpersonal abilities
• Negotiation and influencing skills