AP Assistant Accountant

Job Title: AP Assistant Accountant

Reports to: Financial Controller

Business Unit: KSA

Function: Finance

Grade: As per Company Structure

Location: Dammam

Purpose of the Job:

• Responsible for E2E of P2P cycle to ensure accurate representation in financial statements, support in BS consolidation & schedules, ensure monitoring of indirect procurement process

Key Roles and Responsibilities:

• AP Invoice booking (3-way matching)
• Supplier Invoices administration
• Supplier Reconciliation & Supplier balance confirmation
• HO Petty cash booking to make sure accuracy and transparency for HO
• Ensure accurate Intercompany reconciliation between branches and ASDI, HO and Branches, HO and corporate
• Ensure indirect procurement framework is communicated to cross functions and followed
• Consolidate BS schedules on monthly basis, coordinate with finance team members for the COC and aging
• Lead month end closing activities for AP, WH reports, and stock reports

Key Performance Indicators (KPIs):

• Adherence to company policies and procedures
• Maintain SLA for AP invoices
• Adequate reporting
• Development and enhancement for the P2P Cycle

Requirements

Experience:

• Fresh grad to 1-2 years of experience
• Previous experience in similar position
• Previous experience in FMCG or similar industries is preferred

Knowledge:

• Excellent communication, negotiation, and interpersonal skills.
• Strong analytical and problem-solving abilities.
• Effective problem-solving and decision-making abilities.
• Experience with ERP/accounting software and advanced MS Excel skills.

Qualifications:

• Degree - Commerce or Accounting - Required

Job-Specific Skills:

• Demonstrable ability to liaise effectively and build communication channels with colleagues across the organization and With the suppliers.
• Demonstrable hands-on problem-solving ability in dynamic environments.
• IT literate - Good knowledge of excel and experience in ERP systems.
• Development potential - Ability and desire to grow and develop within the finance team to undertake and successfully deliver challenging assignments.

Accountability Indicators:

• Foster cross-functional collaboration and effective communication between commercial and finance teams.
• Effective communication with customers.

Other Skills and Attributes:

• Good communication and interpersonal skills.
• Commitment to teamwork and continuous improvement.