Accountant, AP

Kuok Maritime Group


Date: 2 weeks ago
City: Dammam
Contract type: Full time
Tasks and Responsibilities

  • Proactively manage and monitor the company’s Accounts Payable (AP) function to drive accuracy and timeliness of all transactions.
  • Key point of contact for the company’s Procure-to-Payment process.
  • Support and collaborate with internal stakeholders in all areas of AP processes to improve operational efficiency.
  • Maintain and establish AP policies and procedures for easy guidance and implementation.
  • Continuously structure, standardize, and optimize financial processes and systems to ensure optimum efficiency.
  • Lead and motivate the team to provide high-quality output within deadlines.
  • Support the monthly and year-end closing of accounts by ensuring that:
  • Suppliers’ Statements of Accounts are checked and reconciled every month.
  • All intercompany recoveries are billed monthly.
  • All accruals are monitored and reversed on time.
  • All advances to vendors are cleared within a reasonable time.
  • Prepare VAT & WHT reports
  • Strong knowledge of AP processes and Vendor Invoice Management.
  • Strong collaboration mindset as this post requires working with many departments in areas of improvement, compliance with SOPs, suppliers, and resolving issues.
  • Strong analytical and excellent problem-solving skills and the ability to independently prioritize multiple tasks and complete projects.
  • Must be able to lead, motivate, and develop the team members and be ready to cover any open positions.

Treasury Function

  • Update all signature authorities as necessary.
  • Open/close bank accounts as necessary.
  • Monitor and address all bank-related matters.

Education and Key certifications necessary

  • Degree in Accountancy or equivalent accounting qualification.
  • At least 5 years of experience in Finance and 3 years in a leadership role.
  • Knowledge of SAP
  • Strong Excel skills
  • Proficient in both English and Arabic

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