Accountant - Procure to Pay

Our client , a leading oil field services company in Saudi Arabia is looking to hire an effective, knowledgeable, committed and self-motivated Accountant (Procure to Pay )to join their Pakistan team in Islamabad. Main function of this position is to process all accounts payable transactions as per relevant agreement terms while maintaining essential controls around payables

The job description is as follows:

1.Accounting Compliance

Process high volume of Invoices, Delivery Orders, Credit Notes, Debit Notes from Vendors &cContractors. Organize Purchase Orders, Purchase Requests, Inspections Sheets from different departments. Receive Work Completion Reports and recommendation for payments from end user departments. Perform three-way match among PO, Delivery notes/GRN and Invoice before entering into the system.Coordinate between Accounts Payable and other departments to settle discrepancies and obtain approval on Invoices and get Clearance.

Perform periodic reconciliation of vendors and resolving differences.

Enter relevant accounting entries and post related invoices daily, along with a review on monthly and annual basis, to ensure compliance with IFRS and related department policies and standards.

2.Accounts Payable Management

Prepare, execute and reconcile payments, in accordance with departmental policies standards and

Cash flow management policies to ensure adherence to payment terms, cycles and commitments to internal and external stakeholders. Maintain a list/copy of contracts issued and approved by the company to different vendors for the goods and services.Review the payment documentation and inquiries, in collaboration with other team members, and ensure proper authorization of all payments in line with Delegation of Authority matrix and departmental controls.

3.Audit Support

Prepare response to related audit queries and requests (statutory / internal / government) as

delegated by the reporting manager to ensure timely closure of audit query/observations.

This job requires people who take ownership of their work and do more than what the job description

says. They must have the ability to work effectively in a fast paced, collaborative environment to meet deadlines.

Prerequisites :

Education : Bachelors in Finance / Accounting

Certifications: Any professional qualification like ACCA/CMA would be preferred.

Experience: Minimum 5 years of experience in Accounting/Finance having experience within a

multi-currency Procure-to-Pay (P2P) function, preferably in a shared service environment

Strong knowledge of Microsoft Office Tools

Preferred: working knowledge of SAP S4/Hana or ECC

Exposure to global reporting or SSC groups is also an asset

Strong presentation skills , attention to detail and strong documentation skills

Strong analytical and problem solving skills

Strong organizational skills

Fluent in English (both written & spoken)

Were always looking for talented professionals who thrive in a learning work environment that continually

supports individual greatness. We foster a culture of innovation and creativity.

Location: Islamabad

Timings KSA time

Number of positions: 1

Package: market based salary