| Job Location | Saudi Arabia |
| Education | Not Mentioned |
| Salary | Not Mentioned |
| Industry | Accounting |
| Functional Area | Not Mentioned |
Accounts Manager - Payable | Al Futtaim Automotive | FAMCOOverview of the role:Managing Vendors, related parties and intercompany invoices booking and payment processing.What you will do:1.Review Booking of Invoices SAP system.?Receive invoices from Suppliers or other departments Check invoice details, VAT requirements and approvals to be shore that invoices matching with DOA and company policies.?Assign booking process to team members to book invoices on system.?Review booking entries on SAP System to make sure invoices recorded in correct GLs2.Review Payment to vendors Process.?Receiving Payment Request from vendor along with updates SOA.?Reconcile Vendor Account.?Get required approvals to process the payment.?Assign payment initiation and booking to team member.?Review payment GLs on system.?Forward Approvals with supporting documents to signatories.3.Review Employee Payments and advances.?Receiving and checking advance requisites from Employees.?Checking required approvals as per DOA?Assign payment to team member for booking and payment process?Review payment GLs on system.?Forward Approvals with supporting documents to signatories.4.Handling Related Parties Accounts?Checking and booking invoices?Reconcile and confirming related party balances on monthly basis.?Process payment against due invoices on monthly basis5.Managing of Petty cash claims for branches.?Review Petty cash invoices to make sure that invoices are matching with company policies and VAT requirements?Checking invoices to make sure that approvals is matching with DOA?Do a surprise cash count on branches frequently.6.Reviewing Bank reconciliations by following team members to record unrecorded payments and receivables7.Handling intercompany accounts?Checking and booking invoices?Reconcile intercompany accounts on monthly basis.?Process payment against due invoices on monthly basis8.Perform month end closing activities.?Reconcile Employee Balances and follow them to clear advances before month closing.?Reconcile Suppliers advances and keep records for pending items with details.?Reconcile accruals.?Reconcile Related party Balances?Reconcile intercompany accounts?Clear unreconciled payments from bank reconciliation?Reconcile Interest, BOE provisions.
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