Senior Payable Accountant

Company Overview

AlShahin Metal Industries is a leading Saudi company specializing in the design, fabrication, and supply of structural steel buildings and pre-engineered steel structures for commercial, industrial, and infrastructure projects across Saudi Arabia and GCC countries. The company operates large-scale steel fabrication facilities and has been serving the market since 1978.

Job Summary

The Senior Accountant – Accounts Payable is responsible for managing the full accounts payable cycle, ensuring accurate and timely processing of supplier invoices, payment execution, and reconciliation of vendor accounts. The role supports procurement and manufacturing operations by maintaining strong internal controls and ensuring compliance with company policies and financial regulations.

Key Responsibilities

Accounts Payable Management

• Manage the end-to-end accounts payable process, including invoice verification, approval workflow, and payment processing.
• Review supplier invoices and ensure proper three-way matching (PO, GRN, Invoice) for raw materials, fabrication services, subcontractors, and operational expenses.
• Ensure timely processing of supplier payments, advances, and progress payments in line with contractual terms.
• Monitor and maintain the AP aging report and ensure timely settlement of outstanding balances.

Vendor & Supplier Management

• Maintain accurate vendor master records and ensure compliance with company policies.
• Reconcile supplier statements and resolve discrepancies with procurement and vendors.
• Build strong working relationships with suppliers, procurement, and project teams.

Financial Control & Compliance

• Ensure compliance with company financial policies, VAT regulations, and audit requirements.
• Implement internal controls to prevent duplicate payments, fraud, or incorrect postings.
• Support internal and external financial audits related to payables and procurement transactions.
• Support the preparation of documentation required for statutory filings and regulatory reporting.

Reporting & Reconciliation

• Prepare monthly AP reconciliations and closing entries.
• Provide management with AP aging analysis, payment forecasts, and cash outflow projections.
• Assist in month-end and year-end closing processes related to vendor accounts.

Process Improvement

• Identify opportunities to improve AP processes, automation, and efficiency.
• Support ERP implementation or enhancement initiatives for the AP module.
• Ensure proper documentation and digital archiving of invoices and contracts.