Accounts Payable Supervisor
- Recruiter
- Mahmood Saeed Group
- Location
- Jeddah , Saudi Arabia
- Salary
- Competitive salary
- Posted
- 28 Sep 2020
- Closes
- 27 Oct 2020
- Ref
- 4242523
- Job role
- Accounts payable/receivable
- Sector
- Accounting - Public practice
Your Role at Mahmood Saeed Co.:
As an Accounts Payable Supervisor you will oversee an accounts payable team, direct the processing of invoices and payments, and manage expense accounts and budget reports. in addition to supervisory responsibilities.
Supervisory Responsibilities:
Duties/Responsibilities:
As an Accounts Payable Supervisor you will oversee an accounts payable team, direct the processing of invoices and payments, and manage expense accounts and budget reports. in addition to supervisory responsibilities.
Supervisory Responsibilities:
- Interviews prospective employees and chooses the best applicant based on skills, knowledge, and abilities required for the job.
- Trains and oversees employees involved in billing functions.
- Directs assigned tasks and provides assistance as needed.
- Assists with performance evaluations.
Duties/Responsibilities:
- Maintain AP procedures & define procedures for corrective actions.
- Oversee the accounts payable functions.
- Oversees reports regarding cash flow; ensures correct payments are made in a timely manner.
- Manage all payment activity and monitor the related processes to ensure correctness, accuracy, and timeliness.
- Assist AP processors in ensuring general ledger coding & approval on all invoices for posting is completed in a timely and accurate manner.
- Monitor daily activities of accounts payable staff and maintenance of supporting records; monitor accounts payable activity and recommend solutions to related internal and external problems.
- Analyzes expense reports and other invoices for accuracy and eligibility for payment.
- closely monitor the A/P aging, ensuring aged payables are resolved and proper review and reconciliation processes are in place.
- Verifies payments before controller's signature is added by reviewing cheques and vouchers.
- Decide on release of payment orders within established guidelines.
- Reconciles accounts payable total and general ledger with other applicable records (e.g., subsidiary vendors' ledger).
- Facilitates correct and timely preparation of budget reports and purchase journals.
- Ensure proper record-keeping of purchases for use in tax preparation and periodic audits.
- Ensure proper maintenance, filing, and storage of records in case of audits.
- Identify internal and supplier root causes for problems that cause delays in supplier payments. Define and implement improved internal processes.
- Respond to vendors as needed.
- Ensure strict compliance with all government regulations and internal processes.
- Oversee and approve payroll submitted by HR Department.
- Create payroll and account payable related journal entries in the general ledger.
- Ensure strict confidentiality of financial records.
- Develop and support teams that make suggestions, take initiative and actively implement improvements.
- Performs other related duties as assigned.