Accounts Payable Manager

Join the Team at ABYAT - Your Gateway to Retail Excellence!

About us

Are you ready to be part of the largest retail store in the Middle East ABYAT, spanning an impressive 22,000 square meters and offering over 22,000 products, is your one-stop destination for all things home improvement and more. From elegant tiles and captivating wallpapers to state-of-the-art lighting solutions and stylish kitchen fixtures, we pride ourselves on offering a diverse array of top-quality products under one roof.

Established locally with a vision for excellence, ABYAT has been setting benchmarks since its inception in September 2005. With an unwavering focus on our customers, we've crafted an experience that revolves around their needs, from our meticulously designed store layouts to our unparalleled service offerings.

Expanding beyond our roots in Kuwait, ABYAT is now making waves in Saudi Arabia and setting our sights on Qatar and the UAE. As we continue to grow, we're seeking passionate individuals to join our dynamic team and contribute to our journey of success.

Position: Accounts Payable Manager

Location: Remote

Type: Full-time

We are looking for an Accounts Payable Manager to join us in our commitment to excellence.

Job description:

1.Supervise and manage payable team in posting vendor's invoices, reconciling their accounts, preparing payment requests and updating prepaid and accrued expense;

2. Run the periodic supplier automatic payment for all vendors and customer refunds.

3.Monitor all open purchase orders (trading and non-trading) and ensure closure;

4.Oversee supplier balances and monitor their debit balances to ensure immediate clearance;

5.Manintain Vendor Master file on SAP and ensure the accuracy and completeness of all financial records like payment term and bank account details;

6.Ensure monthly clearing of vendor's prepayment advances against invoices and settling rebates and credit notes;

7.Oversee the following GL account Groups: Accounts Payable and Supplier Advances;

8.Submit monthly aging and advances report of vendor balances;

9.Ensure the proper filing of vendors invoices, statements, reconciliations and payments;

10.Perform month-end closing reviews, procedures and corrections as needed; and

11.Ensure obtaining vendor's on a quarterly basis.

12. Perform monitoring and ensure the accurate allocation of costs to each activity to ensure timely and accurate accounting of payables

13. Implement the payment process by receiving and registering suppliers invoices, verifying against contract agreements and terms of payment and liaise with Cash Management for the timely execution of payments

14. Respond to internal and external enquires related to payables and expenses and provide relevant explanation as appropriate

15. Manage the workload allocation amongst subordinates to maximize efficiency and enhance pooling

Qualifications:

1.Bachelor in Accounting

2.CPA / CA / ACCA (Preferred)

3.Proven work experience in multi organizations accounting system and multi million turnover organizations

4.7+ years of relevant experience

5.Strong knowledge of IFRS and IAS

6.Expeience in ERP systems (SAP preferred)

7.Strong leadership, follow-up and analytical skills

8.High level of integrity and dependability with strong sense of urgency and details & results-orientation

9.Excellent knowledge in MS office (Specially in Excel)

10.Fluent in Arabic and English