Accounts Payable Manager

Position Overview

We are seeking a seasoned and forward-thinking Accounts Payable (AP) Manager to spearhead the modernization and optimization of the end-to-end AP lifecycle within our dynamic, multi-entity logistics organization. This pivotal role demands a strategic leader who will not only ensure the precision, timeliness, and control of vendor payments but also drive automation and system-driven efficiencies across our integrated technology stack, including Oracle Fusion, OTM, Ertikaz, and Shipsy. The ideal candidate will serve as a key steward of AP’s influence on the broader accounting cycle and balance sheet integrity, fostering a culture of continuous improvement and compliance.

Key Responsibilities

The Accounts Payable Manager will oversee a comprehensive range of responsibilities, including:

• AP Operations & Control:
  • Manage the complete AP lifecycle, encompassing invoice receipt, three-way matching (Purchase Order–Goods Receipt Note–Invoice), approval workflows, and payment execution.
  • Ensure the integrity of vendor master data, adherence to payment terms, and rigorous aging analysis to mitigate financial risks.
  • Oversee the reconciliation and clearance of Goods Received Not Invoiced (GRNI) on a structured and timely basis.
  • Lead the month-end AP close process, including accruals, cut-off testing, and sub-ledger-to-general ledger reconciliation.
  • Collaborate on cash flow forecasting and provide regular assessments of AP aging to inform financial strategies.
• Balance Sheet & Accounting Cycle:
  • Partner closely with the Financial Controller to manage AP-related balance sheet accounts, such as accruals, provisions, vendor prepayments, and intercompany payables.
  • Ensure AP transactions are accurately reflected in IFRS-compliant financial reporting, with a keen understanding of IFRS 16 implications.
  • Support statutory and internal audits by maintaining meticulous, audit-ready AP schedules and documentation.
• Systems, Automation & Digital Transformation:
  • Act as the primary finance-side expert for the Oracle Fusion AP module, contributing to configuration, workflow design, and issue resolution in collaboration with IT.
  • Manage critical integration points between OTM, Ertikaz, Shipsy, and the finance ecosystem to guarantee accurate cost flows into AP and the general ledger.
  • Champion automation initiatives, including OCR-based invoice capture, e-invoicing compliance with ZATCA Phase 2 regulations, and the deployment of workflow automation tools.
  • Identify system inefficiencies and manual workarounds, formalizing improvements into standardized operating procedures (SOPs).
• Governance & SOPs:
  • Develop, document, and maintain AP-related SOPs and control matrices that define approval hierarchies, segregation of duties, and exception handling protocols.
  • Enforce strict compliance with procurement-to-pay policies and collaborate with Procurement, Operations, and HR to strengthen vendor onboarding controls.
• Team & Stakeholder Management:
  • Provide leadership and supervision to AP team members, including clerks, while reviewing and approving payment batches to ensure accuracy and timeliness.
  • Serve as the primary liaison with vendors, operations, and cross-functional teams to resolve payment disputes, address aging escalations, and foster collaborative relationships.

Qualifications & Experience

To excel in this role, candidates must meet the following criteria:

• Bachelor’s degree in Accounting, Finance, or a related discipline; professional certifications such as CMA, CPA, or ACCA are highly desirable.
• A minimum of 6–10 years of progressive experience in AP or finance, with at least 2–3 years in a managerial or supervisory capacity.
• Proven expertise in logistics, freight forwarding, or supply chain environments is strongly preferred.
• Hands-on experience with Oracle Fusion Cloud is essential for success in this position.
• Familiarity with logistics or customs systems such as Ertikaz, OTM, or Shipsy is a significant advantage.
  • Prior involvement in system implementations, ERP migrations, or finance digital transformation projects is a strong plus.
• In-depth knowledge of IFRS standards, particularly regarding accruals and provisions, is required.
• Understanding of ZATCA e-invoicing requirements and compliance frameworks is beneficial.