The Accounts Payable professional is responsible for managing a company’s financial obligations to suppliers, vendors, and creditors. This role ensures accurate and timely payment processing, reconciles accounts, and maintains good relationships with external partners. It is a critical position for maintaining the organization’s financial health and ensuring compliance with accounting standards.
| Salary | Market Competitive |
| Experience | 4 – 5 years |
| Location | Bahrain |
| Qualification | Bachelor of Business Administration(Management) |
| Posted | 18 November 2024 |
| Job Type | Full-Time |
| Posted by | Habeebi Recruiter |
| last date to apply | apply within 15 days |
Key Responsibilities of Accounts Payable
1. Invoice Processing and Verification
The primary responsibility is to process and verify invoices received from vendors. This involves checking invoices for accuracy, matching them to purchase orders, and ensuring proper approval before payment.
2. Payment Preparation and Disbursement
Accounts Payable professionals prepare payment batches, issue checks, or process electronic payments. They ensure that all transactions are completed accurately and on schedule to maintain good supplier relationships.
3. Account Reconciliation
Regular reconciliation of accounts payable transactions is essential to ensure records are accurate and up to date. This includes resolving discrepancies and maintaining a clean ledger.
4. Compliance and Documentation
Ensuring compliance with financial regulations and internal policies is a crucial aspect of the job. Accounts Payable personnel maintain detailed records and documentation to support audits and financial reviews.
5. Vendor Communication
They act as the primary point of contact for vendors regarding payment-related queries, resolving disputes, and ensuring a seamless communication channel to maintain trust and transparency.
6. Reporting and Analysis
Accounts Payable professionals generate reports on outstanding payables, cash flow projections, and financial metrics. These insights help management make informed decisions about company finances.
Skills and Qualifications
- Proficiency in accounting software and Microsoft Excel.
- Strong understanding of accounting principles and regulations.
- Excellent organizational and time-management skills.
- Ability to handle confidential information with integrity.
- Strong communication skills for vendor and internal coordination.
How to apply:
Send your updated resume to our email or directly reach us at our phone:
Email: info@turk.bh
Phone: +973 1770 0165 , +973 1770 0163