مدير الحسابات الدائنة والتكاليف

Job Purpose:

Responsible for managing the day-to-day operations of the Accounts Payable and Costing functions, ensuring accurate supplier payments, product costing, and inventory valuation. The role maintains effective financial controls, supports timely financial reporting, and provides cost analysis to support business decisions.

Key Responsibilities:

• Manage the daily operations of the Accounts Payable and Costing team, ensuring accuracy and timely completion of activities.
• Oversee supplier invoice verification, approval, and posting, ensuring proper matching with purchase orders and goods or service receipts.
• Review supplier reconciliations, outstanding balances, advances, and payment schedules.
• Coordinate with Treasury to ensure timely supplier payments in line with agreed payment terms and cash flow priorities.
• Oversee costing for vehicles, spare parts, and accessories, ensuring accurate allocation of freight, customs duties, clearing charges, and other attributable costs.
• Review inventory valuation and reconcile inventory balances with the general ledger.
• Analyze cost variances and investigate discrepancies to ensure accurate cost and margin reporting.
• Coordinate with Procurement, Logistics, and Warehousing teams to resolve invoice, costing, and inventory discrepancies.
• Review slow-moving and obsolete inventory and recommend appropriate provisions in line with company policies.
• Lead month-end and year-end closing activities, including accruals, reconciliations, and audit deliverables.
• Prepare regular AP and costing reports, highlighting overdue balances, cost movements, and key financial risks.
• Ensure compliance with accounting standards, applicable tax requirements, internal financial controls, and company policies.
• Identify opportunities for process improvements and contribute to system enhancements.
• Train, guide, and assess team members’ performance to ensure a high level of accuracy and efficiency.

Qualifications & Experience:

• Bachelor’s degree in Accounting, Finance, or a related field.
• 8–10 years of relevant experience in Accounts Payable and Costing, including at least 3 years in a supervisory or managerial role.
• Solid knowledge of accounting principles, inventory valuation, landed costing, and financial controls.
• Experience in the automotive, distribution, or manufacturing industry is preferred.
• Hands-on experience with ERP systems.
• Proficiency in Microsoft Excel and financial reporting.
• Strong analytical, problem-solving, and reconciliation skills.
• Excellent communication, leadership, and organizational abilities.
• Ability to manage competing priorities and meet reporting deadlines.