Chief Accountant - Account payable

Al-Rashed Industrial are looking for Chief Accountant - Account payable; this position will be responsible for overseeing all aspects of the company’s accounts payable function, ensuring accuracy, timeliness, and compliance with internal policies and external regulations. This role will play a key part in financial control, vendor relationship management, and the development of efficient payment processes.

Key Responsibilities: • Supervise and manage the daily operations of the accounts payable team. • Review and approve supplier invoices, ensuring proper documentation, coding, and authorization. • Oversee the processing of supplier's payments in a timely and accurate manner. • Monitor aging reports and ensure payments are made in accordance with terms to maintain good suppliers' relationships. • Reconcile vendor accounts and resolve discrepancies in a timely manner. • Coordinate with Procurement and Receiving departments to resolve issues related to purchase orders, goods receipts, and invoice mismatches. • Ensure timely month-end close activities related to AP, including accruals, reconciliations, and reporting. • Prepare AP-related reports, aging analysis, and cash outflow forecasts. • Support the preparation of financial statements with accurate AP data.

Qualifications: • Bachelor’s degree in Accounting - CMA is a plus. • 5–10 years of progressive experience in accounting, with at least 2–3 years in a supervisory role in Accounts Payable. • Strong knowledge of accounts payable processes, suppliers' management, and internal controls. • Experience with ERP systems. • Proficiency in Excel and accounting/reporting tools. • Strong analytical, organizational, and problem-solving skills. • Excellent communication and interpersonal skills.

We're looking forward to welcoming new talent to our Al-Rashed Industrial team!