Head of accounts Payable
Saudi Gulf Environmental Protection Company (SEPCO)
Total years of experience :13 years, 4 Months
Responsible for managing and monitoring accounts payable operations within the organization.
Supervises the accurate and timely collection of payments.
Manage supplier invoices and cash covenants, resolve payment discrepancies, and cooperate
with other enterprise departments.
Ensure monthly GL account and bank reconciliations are performed in a timely for related
accounts.
Manage relationships with banks.
Compile, analyze, and provide financial information to management and government agencies.
Develop, implement, improve, and enforce department budgets, policies, and controls to
increase accuracy and efficiency.
Manage closing process (monthly, quarterly, year-end).
Prepare the necessary financial reports and submit them to the management.
Identify and facilitate the achievement of the Department's goals.
Responsible for managing and monitoring accounts receivable operations within the organization.
Supervises the accurate and timely collection of payments.
managing customer invoices, resolving payment discrepancies, and cooperating with sales and
customer service departments.
Supervises Collecting payments from customers and following up on invoices.
Manage closing process (monthly, quarterly, year-end).
Cooperate with sales and customer service departments to ensure the collection of outstanding
amounts.
Familiar with using accounting software and effectively negotiating with clients.
Preparing financial reports (revenue, collection, budget, accounts receivable, bonuses, Aging) and
submitting them to management.
Coding all new clients and contracts and attaching all documents to the accounting system.
Audit daily transactions posted to the general ledger and balance various recaps to ensure accuracy.
Identify process risks in the accounting processes and implement improvements for system
integrity.
Balance subsidiary ledgers through accruals, prepayments, and amortizations in end of month close.
Evaluate and propose changes to the General Ledger for new classes of expense, income, assets,
and liabilities.
Directed accounting functions including month-end close.
Monitor incoming invoices and ensure accurate and timely processing.
Responsible for the internal audit of cash receipts and disbursements, accruals, monthly closing
journal entries, inventory counts, and general ledger accounts.
Oversee the full cycle accounts payable: new vendor and invoice review, corporate credit cards and
check runs.
Coordinate external audits, report findings, and implement recommendations!
Registration of all financial operations related to the site, including payments, expenses and income.
Provide periodic reports on the financial situation of the site, including budgets and other reports.
Following up budgets and analyzing expenses and costs to ensure that the site adheres to the
specified budget.
Collaborate with management and other teams to ensure that financial policies are implemented
correctly.
Check the accuracy of the figures and periodically carry out financial settlements.
Provides analysis of financial data and provide tips to improve the financial performance of the site.
ensuring accuracy and timely payments, contributing to efficient cash flow management.
Reduced accounts payable processing time by 20% through the implementation of new procedures,
improving operational efficiency.
Maintained and updated the books of accounts and ledgers, ensuring financial records were accurate
and up-to-date.
Prepared bank reconciliations and cash flow statements, providing essential information for financial
analysis.
Supported the audit process by providing relevant documentation and answering auditor inquiries,
ensuring compliance with regulations.
بكالوريوس تجارة بقدير عام جيد في المحاسبة 2011