Payments Accountant

Job description

Tasks include managing outstanding payments. Payments accountant. The role's most prominent tasks include: VAT and compliance. Responsible for managing all accounts payable transactions including vendor invoices, payments and reconciliations. Review and verify invoices, purchase orders, and supporting documents before payment. Prepare disbursements in accordance with agreed terms and approval authorities. Reconciles vendor accounts and resolves discrepancies in a timely manner. Coordinate three-way matching between purchase orders, delivery notes and invoices. Monitor the age of payments and ensure outstanding balances are settled on time. Ensure compliance with VAT regulations and ZATCA requirements. Support month-end and year-end closing activities related to accounts payable. Coordinate with auditors and internal departments as needed

Requirements

• Manage outstanding customer payments · Comply with VAT laws and regulatory requirements · Handle all creditor transactions including supplier invoices, payments and reconciliations · Review and examine invoices, purchase orders and supporting documents before payment · Prepare payments in accordance with approved terms and approval authorities · Reconcile accounts with suppliers and quickly resolve any financial discrepancies · Coordinate purchase orders, delivery receipts and invoices (triple matching) · Monitor payment ages and ensure the balance due is settled on time

Skills