Accounts Payable (AP) Analyst

Accounts Payable (AP) Analyst – Drive Financial Precision and Operational Excellence in Jeddah

Join Plaza Premium Group in Jeddah, Kingdom of Saudi Arabia, as an Accounts Payable (AP) Analyst and play a pivotal role in maintaining seamless financial operations, ensuring compliance with KSA VAT regulations, and fostering strong vendor relationships. This dynamic position offers an opportunity to contribute to a high-performing finance team while honing your expertise in accounts payable processes, vendor reconciliations, and financial controls. If you thrive in a structured yet collaborative environment and are passionate about accuracy, efficiency, and process improvement, we invite you to be part of our mission.

As an AP Analyst, you will be the backbone of our financial workflows, ensuring that every transaction—from invoice verification to vendor payments—is executed with precision and compliance. Your work will directly impact the financial health of the organization, making this role both impactful and rewarding. You will collaborate closely with cross-functional teams, including Procurement, Finance, and Operations, to resolve discrepancies, optimize processes, and uphold the highest standards of financial integrity.

Key Responsibilities

In this strategic role, your responsibilities will include, but are not limited to:

• Invoice Processing and Approval: Efficiently process supplier invoices, ensuring they meet all approval criteria and comply with internal policies and KSA VAT regulations.
• Three-Way Matching: Perform meticulous three-way matching of purchase orders (POs), goods receipt notes (GRNs), and supplier invoices to guarantee accuracy and prevent payment errors.
• Vendor and Payment Management: Maintain and update vendor master data, reconcile vendor statements, and resolve discrepancies to ensure accurate financial records and timely payments.
• Compliance and VAT Adherence: Ensure all financial transactions adhere to KSA VAT requirements, including proper documentation and VAT treatment, to avoid regulatory risks.
• Month-End and Reporting Support: Assist in month-end close activities, including AP aging reports, accruals, and reconciliations, to provide accurate and timely financial insights.
• Stakeholder Collaboration: Work closely with Procurement, Finance, Operations, and external suppliers to address invoice-related queries, resolve payment issues, and maintain strong vendor relationships.
• Audit and Process Improvement: Support internal and external audits, document financial transactions thoroughly, and identify opportunities to enhance AP processes, controls, and efficiency.
• Financial Reporting: Contribute to additional accounting and reporting activities as needed, ensuring data accuracy and supporting strategic decision-making.

Qualifications and Skills

To excel in this role, you will bring a blend of technical expertise, analytical rigor, and a collaborative mindset. We are seeking a candidate with:

• A Bachelor’s degree in Accounting or Finance, coupled with 3-4 years of hands-on experience in Accounts Payable, preferably within the hospitality industry.
• Proven expertise in accounts payable processes, including invoice verification, vendor reconciliations, payment processing, and month-end activities.
• In-depth knowledge of three-way matching involving purchase orders, goods receipt notes, and supplier invoices, ensuring alignment and accuracy.
• Familiarity with KSA VAT regulations and a strong understanding of general accounting controls to navigate compliance seamlessly.
• ERP experience, particularly with systems such as Oracle, SAP, Dynamics, or Sun Systems, to manage financial transactions efficiently.
• Advanced proficiency in Excel, including data analysis, reporting, and automation, to streamline workflows and enhance productivity.
• Attention to detail and precision, with the ability to identify discrepancies, validate data, and maintain accurate financial records.
• Strong organizational and time-management skills, enabling you to prioritize tasks, meet deadlines, and manage multiple responsibilities effectively.
• Exceptional communication and stakeholder management abilities, allowing you to collaborate seamlessly with internal teams and external vendors.
• A proactive approach to process improvement, with a focus on optimizing AP workflows, reducing errors, and enhancing operational efficiency.

While not mandatory, the following qualifications will be highly valued:

• Certifications such as SOCPA, ACCA, or CMA, demonstrating your commitment to professional excellence.
• Experience in hotel or multi-property operations, particularly in fast-paced hospitality environments, aligning with our industry focus.
• Prior involvement in month-end closing, audits, and financial reconciliations, reinforcing your ability to contribute to critical financial processes.

If you are a detail-oriented finance professional with a passion for driving operational efficiency and compliance, we encourage you to apply and take the next step in your career with Plaza Premium Group. Join us in Jeddah and be part of a team that values your expertise and contributes to the success of our organization.