Accounts Payable Accountant (SAP FI / MM) | Retail

Leverage your abilities and join the dynamic team of the market leader in the home improvement retail business.

An AP Accountant (SAP) , will play a critical role in managing accurate financial operations across multiple business functions. They will be detail-oriented, proficient in SAP, and possess strong knowledge of IFRS and local regulations. This position is central to maintaining financial integrity, fostering vendor relationships, and ensuring tax compliance within the retail sector.

Key Accountabilities

Execute month-end and year-end close processes in accordance with IFRS standards

Prepare and post journals, including

accruals, prepayments, allocations, and reclassifications .

Perform

suppliers’ reconciliations , resolving mismatches such as shortages, cost differences, extra receiving, or wrong receiving.

Manage and follow up on pending invoices and credit notes with vendors to ensure accurate accounts payable.

Oversee and ensure compliance with

indirect tax processes (VAT & WHT)

within Saudi regulations.

Handle

non-trading OPEX transactions , ensuring accurate classification and reporting.

Utilize

SAP FI / AP / AR modules

to manage journal entries, vendor invoices, customer invoices, and payment transactions.

Support financial reporting, variance analysis, and bank reconciliations for retail operations.

Collaborate with procurement, supply chain, and operations to ensure seamless financial flows.

Knowledge, Skills, and Experience

Bachelor’s degree in Accounting, Finance, or related field.

Minimum of

5–8

years of professional accounting experience, including at least

years of

hands-on experience with SAP

in a retail or FMCG environment.

Proven expertise in

general ledger accounting, accounts payable / receivable, reconciliations, financial close, and OPEX management .

Strong knowledge of

IFRS , with demonstrated ability to prepare financial statements.

Experience in

indirect tax compliance (VAT & WHT)

within Saudi Arabia.

Advanced

SAP knowledge , including FI (GL / AP / AR), MM (non-trade POs, GR / IR), and exposure to CO (cost centers / internal orders).

Proficiency in SAP key transactions such as

FB50, FB60, FB65, FB70, F-28, F-53, F-110, F-03, F-32, FBL1N, MIRO, MIR5, FBL3N, FBL5N, GR / IR clearing, ME2N, ME23N.

Excellent

Excel skills

for financial modeling and reporting.

Strong analytical and problem-solving skills with attention to detail.

Effective communication skills in

English and Arabic .

#J-18808-Ljbffr