Account Payable Manager

Raffles & Fairmont The Red Sea is seeking an experienced and detail-oriented Account Payable Manager to join our finance team in Umluj, Saudi Arabia.

In this role, you will oversee all accounts payable operations, ensuring accurate and timely processing of invoices while maintaining strong vendor relationships.

You will play a critical role in supporting the financial health and operational efficiency of our luxury hospitality properties through meticulous financial management and process optimization.

Manage and oversee all accounts payable functions, including invoice receipt, verification, processing, and payment

Reconcile vendor statements and resolve discrepancies in a timely and professional manner

Maintain accurate records of all payable transactions and ensure compliance with company policies and Saudi Arabia financial regulations

Process invoices and payments efficiently while adhering to approval workflows and authorization limits

Develop and implement accounts payable procedures and best practices to enhance operational efficiency

Analyze and monitor accounts payable aging reports to optimize cash flow management

Coordinate with vendors to address billing inquiries, resolve disputes, and negotiate payment terms

Prepare accurate and detailed financial reports and reconciliations for management review

Train and supervise accounts payable staff, providing guidance on processes and compliance requirements

Utilize accounting software and ERP systems to maintain organized and accessible financial records

Ensure all transactions comply with company policies, internal controls, and applicable regulations

Collaborate with other departments to support the overall financial objectives of the organization