Accounts Payable and Payments - BAAN Holding | بان القابضة

The Accounts Payable and Payments Specialist is responsible for managing the accounts payable processes within the corporate sector. This role involves ensuring timely and accurate processing of invoices and payments, maintaining vendor relationships, and supporting financial operations. The specialist will work closely with the finance department to ensure compliance with financial policies and effective cash flow management.

Key Responsibilities :

• Invoice Processing : Review, verify, and process invoices from vendors and suppliers, ensuring they are accurately coded and approved in accordance with company policies.
• Payment Management : Prepare and execute timely payments to vendors, maintaining accurate records of all financial transactions and ensuring compliance with payment terms.
• Vendor Communication : Maintain effective communication with vendors regarding invoice inquiries, payment statuses, and any discrepancies to foster strong relationships.
• Account Reconciliation : Conduct regular reconciliations of accounts payable records, ensuring accuracy and promptly resolving any discrepancies.
• Financial Reporting : Prepare and submit accounts payable reports to the finance department, including aging reports and payment forecasts.
• Compliance : Ensure compliance with financial regulations and internal policies related to accounts payable and payments.
• Expense Management : Assist in monitoring departmental budgets by tracking expenses and ensuring adherence to budgetary guidelines.
• Collaboration : Work closely with internal departments, such as finance and procurement, to ensure accurate and efficient processing of invoices and payments.
• Audit Support : Assist in internal and external audits by providing necessary documentation and support related to accounts payable activities.
• Continuous Improvement : Stay informed about best practices in accounts payable management and suggest process improvements to enhance efficiency and effectiveness.

Qualifications :

Core Skills :

Key Result Areas (KRAs) :