Account payable manager – Kuwait


Required Qualifications


 

  • Bachelor in Accounting
  • CPA / CA / ACCA (Preferred)
  • Proven work experience in multi organizations accounting system and multimillion turnover organizations
  • 7+ years of relevant experience
  • Strong knowledge of IFRS and IAS
  • Experience in ERP systems (SAP is a must)
  • Wide experience in inco-terms
  • Strong leadership, follow-up and analytical skills
  • High level of integrity and dependability with strong sense of urgency and details & results-orientation
  • Excellent knowledge in MS office (Specially in Excel)
  • Fluent in Arabic and English

 

 

Responsibilities

 

  • Supervise and manage payable team in posting vendor’s invoices, reconciling their accounts, preparing payment requests and updating prepaid and accrued expense;
  • Monitor all open purchase orders (trading and non-trading) and ensure closure;
  • Oversee supplier balances and monitor their debit balances to ensure immediate clearance;
  • Maintain Vendor Master file on SAP and ensure the accuracy and completeness of all financial records like payment term and bank account details;
  • Ensure monthly clearing of vendor’s prepayment advances against invoices and settling rebates and credit notes;
  • Oversee and analyze all GL accounts related to accounts payable, prepayment advances, accrued and prepaid expense;
  • Submit monthly aging report of vendor balances;
  • Ensure the proper filing of vendors invoices, statements, reconciliations and payments;
  • Perform month-end closing reviews, procedures and corrections as needed; and
  • Ensure obtaining vendors and related party balance confirmation on a quarterly basis.

Job Details

Posted Date: 2020-03-24
Job Location: Al Kuwait, Kuwait
Job Role: Accounting and Auditing
Company Industry: Wholesale & Import/Export Trade

Preferred Candidate

Career Level: Management

Apply Now

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