11 B Com jobs in Bahrain

• Process a high volume of vendor invoices accurately and in a timely manner.
• Verify and reconcile vendor statements and resolve discrepancies.
• Ensure proper coding and approvals are obtained for all invoices.
• Manage the three-way matching process (PO, invoice, receiving report).
• Prepare and process weekly/bi-weekly payment runs (checks, ACH, wire transfers).
• Maintain the vendor master file, ensuring accuracy and completeness.
• Respond to vendor inquiries and resolve payment issues promptly.
• Assist in month-end close activities related to accounts payable.
• Prepare journal entries and accruals as needed.
• Assist with audit requests and provide necessary documentation.
• Identify and implement process improvements within the AP function.
• Ensure compliance with company policies and procedures.
• Maintain organized and complete electronic/physical filing systems for AP documents.
• Reconcile corporate credit card statements.
• Assist with expense report processing and audits.
• Support the accounts receivable team when necessary.
• Ensure data integrity within the accounting system.
• Stay updated on AP best practices and relevant regulations.
• Collaborate effectively with internal departments and external vendors remotely.
• Contribute to a positive and efficient remote team environment.

• Associate's or Bachelor's degree in Accounting, Finance, or a related field preferred.
• Minimum of 3 years of experience in accounts payable.
• Proficiency in accounting software (e.g., QuickBooks, SAP, Oracle) and Microsoft Excel.
• Strong understanding of accounts payable principles and procedures.
• Excellent organizational skills and attention to detail.
• Ability to manage workload effectively and meet deadlines in a remote setting.
• Strong communication and interpersonal skills for virtual interactions.
• Ability to work independently with minimal supervision.
• Experience with electronic invoice processing systems is a plus.
• Basic understanding of general ledger principles.
• Ability to handle confidential information with discretion.
• Proactive approach to problem-solving.
• Adaptable to learning new systems and processes quickly.
• High level of accuracy and efficiency.
• Familiarity with tax requirements related to AP (e.g., W-9, 1099).
• Commitment to ethical conduct and professional integrity.

• Process a high volume of vendor invoices accurately and efficiently, ensuring proper coding and authorization.
• Verify the accuracy of invoices against purchase orders and receiving documents.
• Prepare and process weekly and monthly payment runs (checks, ACH, wire transfers).
• Reconcile vendor statements and resolve discrepancies in a timely manner.
• Maintain the vendor master file, ensuring all information is current and accurate.
• Respond to vendor inquiries regarding payment status and discrepancies.
• Assist with month-end closing procedures related to accounts payable.
• Ensure compliance with company policies and procedures for AP processing.
• Generate reports on aging accounts payable and payment forecasts.
• Support internal and external audits by providing necessary documentation and explanations.
• Identify and recommend process improvements to enhance AP efficiency and accuracy.
• Maintain organized and well-documented electronic and physical filing systems.
• Process employee expense reports and reimbursements.
• Adhere to strict deadlines for all AP-related tasks.
• Stay informed about changes in AP best practices and regulations.

• High school diploma or equivalent required; Associate's degree in Accounting or Finance is preferred.
• Minimum of 3-5 years of experience in an Accounts Payable role.
• Proficiency in accounting software (e.g., QuickBooks, SAP, Oracle) and Microsoft Excel.
• Strong understanding of AP principles and procedures.
• Excellent data entry accuracy and speed.
• Meticulous attention to detail and organizational skills.
• Ability to multitask and manage time effectively.
• Good communication and interpersonal skills.
• Ability to work independently with minimal supervision.
• Familiarity with different payment methods.
• A proactive approach to problem-solving.
• Understanding of internal controls related to AP.

Role Description

The Senior Accounts Payable Specialist is responsible for the accurate and timely processing of vendor invoices and payments, ensuring compliance with company policies through proper coding, verification, and reconciliation of accounts payable transactions.

KEY RESPONSIBILITIES, ACCOUNTABILITIES AND ACTIVITIES

• Review all invoices for appropriate documentation and compliance with company processes.
• Audit vendor invoices to ensure they are properly presented and that amounts invoiced align with purchase documentation.
• Maintain thorough and accurate records and documentation in accordance with company policy and accepted accounting practices.
• Correspond with vendors and respond to inquiries.
• Reconcile vendor statements and resolve discrepancies.
• Reconcile in Maximo Received not Invoiced (RNI) and Invoiced but not Received (INR).
• Code and match invoices with purchase orders.
• Liaise with internal and external stakeholders.
• Prepare regular reporting, including Accounts Payable statistics.
• Continuously improve Accounts Payable processes.
• Maintain master vendor data in Maximo.
• Prepare payment runs and provide relevant backup to allow the release of payments.
• Liaise with other departments to ensure vendor invoices are processed for timely payment.
• Provide information for internal, external, joint venture audits, and tax reporting.
• Complete projects as assigned.

QUALIFICATION

• Degree in Accounting, Finance, Business Administration, or a related field is preferred.
• Relevant certifications such as Certified Accounts Payable Professional can be advantageous.
• Previous experience in an accounts payable or similar finance role.
• Significant experience in Sun6, Q&A, and Maximo, with strong MS Excel skills.
• Experience working in a high-volume processing environment is beneficial.
• Strong knowledge of accounting principles, SOAPs, SORPs, and accounting under JOA provisions.
• Strong attention to detail with the ability to accurately process and review invoices and payments.
• Excellent organizational skills and time management abilities.
• Strong verbal and written communication skills, with the ability to interact professionally with vendors and internal stakeholders.
• Proficiency in accounting software and Microsoft Office Suite, particularly Excel; familiarity with ERP systems such as MAXIMO.
• Problem-solving skills with the ability to identify and resolve discrepancies in invoices and payments.
• Commitment to providing excellent customer service to both internal and external stakeholders.
• Ability to work effectively as part of a team and support colleagues.

General

• Review all invoices for appropriate documentation and compliance with company processes.
• Audit vendor invoices to ensure they are properly presented and that amounts invoiced align with purchase documentation.
• Maintain thorough and accurate records and documentation in accordance with company policy and accepted accounting practices.
• Correspond with vendors and respond to inquiries.
• Reconcile vendor statements and resolve discrepancies.
• Reconcile in Maximo Received not Invoiced (RNI) and Invoiced but not Received (INR).
• Code and match invoices with purchase orders.
• Liaise with internal and external stakeholders.
• Prepare regular reporting, including Accounts Payable statistics.
• Continuously improve Accounts Payable processes.
• Maintain master vendor data in Maximo.
• Prepare payment runs and provide relevant backup to allow the release of payments.
• Liaise with other departments to ensure vendor invoices are processed for timely payment.
• Provide information for internal, external, joint venture audits, and tax reporting.
• Complete projects as assigned.

Qualifications

• A degree in Accounting, Finance, Business Administration, or a related field is preferred.
• Relevant certifications such as Certified Accounts Payable Professional can be advantageous.
• Previous experience in an accounts payable or similar finance role.
• Significant experience in Sun6, Q&A, and Maximo, with strong MS Excel skills.
• Experience working in a high-volume processing environment is beneficial.
• Strong knowledge of accounting principles, SOAPs, SORPs, and accounting under JOA provisions
• 6-8 years of experience

Skills

• Strong attention to detail with the ability to accurately process and review invoices and payments.
• Excellent organizational skills and time management abilities.
• Strong verbal and written communication skills, with the ability to interact professionally with vendors and internal stakeholders.
• Proficiency in accounting software and Microsoft Office Suite, particularly Excel; familiarity with ERP systems such as MAXIMO.
• Problem-solving skills with the ability to identify and resolve discrepancies in invoices and payments.
• Commitment to providing excellent customer service to both internal and external stakeholders.
• Ability to work effectively as part of a team and support colleagues.

Job Type: Full-time

Application Question(s):

• Have you used ERP/accounting systems such as Maximo, Sun6, SAP, or Oracle for invoice processing and reconciliation?

Please specify

• Have you been responsible for reconciling vendor statements and resolving invoice/payment discrepancies yourself (not just data entry)?

Experience:

• hands-on Accounts Payable: 6 years (Required)

KEY RESPONSIBILITIES, ACCOUNTABILITIES AND ACTIVITIES

General

• Assist with the timely and accurate processing of supplier invoices.
• Verify that invoices comply with company policies and proper documentation requirements.
• Support the matching of invoices to Purchase Orders and Goods Received Notes.
• Maintain up-to-date vendor files and financial records.
• Assist with reconciling vendor statements and investigating basic discrepancies.
• Provide support in preparing payment runs and ensuring backup documentation is complete.
• Handle routine vendor queries and escalate issues to senior team members as needed.
• Contribute to month-end closing activities by preparing reconciliations and reports.
• Support audits by providing documentation and information as requested.

BACKGROUND, QUALIFICATIONS & EXPERIENCE

Qualifications

· Bachelor's degree in Accounting, Finance, or related field.

· Internship or prior exposure to finance/accounting (preferred but not mandatory).

· Willingness to pursue a career path in Accounts Payable/Finance.

· Strong attention to detail and accuracy.

· Good organisational and time management skills.

· Ability to work both independently and as part of a team.

· Strong communication skills for interacting with vendors and colleagues.

· Basic knowledge of accounting principles (Accounts Payable focus).

· Proficiency in Microsoft Excel; familiarity with accounting/ERP systems is an advantage.

· Eagerness to learn and adapt to new processes.

Job Type: Full-time

Operation

Division Finance

Location

Closing Date 17-Dec-2024

Zain is the pioneer of mobile telecommunications in the Middle East. We began life in 1983 in Kuwait as the region’s first mobile operator, and since the initiation of our expansion strategy in 2003, we have expanded rapidly. Read more here: About Us .

The Specialist – General Ledger & Accounts Payable will play a crucial role in ensuring the accuracy, integrity, and efficiency of the financial records within the financial operations department. He/she will be responsible for maintaining the general ledger, supporting the accounts payable operations, performing month-end close activities, and supporting financial reporting processes.

1. Maintenance of the general ledger for the Company including subsidiaries, journal entry preparation, account reconciliations, and ledger analysis.
2. Ensure adherence to accounting policies, procedures, and internal controls to safeguard the integrity of financial data.
3. Support the month-end close process, coordinating with cross-functional teams to ensure accurate and timely financial reporting.
4. Review/finalize journal entries, accruals, and adjustments to ensure completeness and accuracy of financial statements.
5. Support financial reporting activities, including the preparation of monthly, quarterly, and annual financial statements in accordance with company policies.
6. Collaborate with internal and external auditors to facilitate audits and address any audit findings or inquiries.
7. Identify opportunities for process improvements and automation to enhance the efficiency and effectiveness of general ledger processes.
8. Implement best practices and streamline workflows to optimize resource utilization and minimize errors.
9. Provide training, coaching, and mentorship to team members to enhance their skills in accounting and finance.
10. Stay updated on accounting standards, regulations, and industry trends, and share knowledge with the team.
11. Collaborate with other departments, such as Accounts Payable, Accounts Receivable, and Financial Planning & Analysis, to ensure alignment and accuracy of financial data.
12. Ensure the invoice processing and payments maintaining accuracy, completeness, and compliance with company policies and procedures.
13. Maintain relationships with vendors and suppliers, addressing any issues or concerns related to accounts payable transactions.
14. Identify opportunities to streamline accounts payable processes and improve efficiency through automation, standardization, and best practices while ensuring compliance with accounting standards.
15. Support the month-end and year-end close processes, including accruals, reconciliations, and financial reporting related to GL/accounts payable.
16. Perform any other related tasks as requested.

Extensive knowledge of accounting principles, and a proactive approach to problem-solving.

Competence to handle both Business users and Suppliers under the AP function.

Bachelor's degree in accounting or finance.

Professional qualifications such as ACCA is preferred.

5+ years of relevant experience in finance/accounting.

If you meet the criteria and you are enthusiastic about the role, we would welcome your application. To complete the application, you would need the following document(s):

· Assist in entering financial transactions into accounting software and maintaining accurate records of all transactions.

· Support in processing invoices, payments, and receipts. Ensure all payments are made on time and invoices are recorded accurately.

· Assist in reconciling bank statements with the company's financial records and resolving any discrepancies.

· Help track and categorize business expenses, ensuring proper documentation and adherence to company policies.

· Support the preparation of monthly, quarterly, and annual financial reports, including profit and loss statements, balance sheets, and other financial summaries.

· Organize and maintain financial documents, including receipts, invoices, and contracts, ensuring compliance with regulatory requirements.

· Assist in the preparation of tax returns by gathering and organizing relevant financial information and documents.

· Help monitor and report on departmental budget expenses, ensuring spending aligns with the company's financial goals.

· Ensure adherence to company policies and relevant financial regulations while performing accounting tasks. Provide general administrative support to the accounting team, including answering phone calls, handling correspondence, and assisting with audits.

Job Type: Full-time

Application Question(s):

• Do you have any experience in Tally ERP or Prime?

• Financial Duties and Projects :
  • Plan and execute financial tasks.
  • Prepare financial statements, reports, and forecasts to ensure the company’s financial stability.
  • Draft budgets, income statements, balance sheets, tax returns, and other necessary reports required by regulatory authorities.
  • Manage risks associated with financial activities.
• Monthly Processes :
  • Compile financial reports and supervise month-end processes.
  • Draft procurement processes and approve purchase orders.
• Metrics and KPIs :
  • Monitor and manage metrics, track key performance indicators (KPIs), and generate reports for the financial department.
• Financial Evaluation :
  • Evaluate the organization’s financial performance and measure returns on investments.

• Education : A bachelor’s degree in finance, accounting, or a related field. ACCA / CA inter preferred.
• Experience : At least 5 years of experience in a relevant financial position.