Cost Control Specialist: Procurement and Accounts Payable

Cost Control Specialist: Procurement and Accounts Payable

Propel Consult
5-8 years
Not Specified

Job Description


Job Description :
Company
Our client is founded by the Saudi government to bring all communities together and develop all sectors and fields with innovative solutions. The organization generates over $24 million in sales and has over 850 companies and 700 employees.
They are currently looking for a Cost Control Specialist (Procurement) to be based in Saudi Arabia.

Duties & Responsibilities:
  • Review monthly ageing reports for vendor outstanding, ageing of Purchase Requisitions & Purchase Orders and escalate issues to respective teams for their review and action.
  • Prepare weekly report of AP status and take necessary corrective actions to expediate payment process.
  • Analyze the time taken between invoice uploading, issuance Service Entry Sheets SES and Contract Payment Certificate CPC and escalate outstanding instances to Enterprise Project Control.
  • Seek vendor statements on a monthly basis and reconcile the data with payment reports and undertake follow-up actions for invoices past their due dates.
  • Ensure that the liability for Goods and Services received but not paid is recognized and the payment to the Suppliers for goods and Services is made, based on the achievement of a required level of assurance in verifying that approved receipt has occurred.
  • Ensure Purchase Order (PO) against Work/Service Orders (WO/SO) are timely raised and approved.
  • Analyze the time taken between issuance Work Order /Service Order (WO/SO) and Purchase Order (PO) and escalate outstanding WO / SO to Procurement team.
  • Review procurement plan and strategy to ensure planning and strategy is done at WO / SO level.
  • Compare with WO / SO and Variable Order with budgets and report inconsistency, if any.
  • Analyze time taken between PR, PO, WO/SO, VO, SES / GRN and SES activities and report any inconsistency in the process for improvement.
  • Independently review procurement work flow and report any inconsistency or unnecessary delay in procurement activities.

Qualification & Requirements:
  • Bachelor's Degree in business administration or Finance from a recognized university is preferable Experience
  • About 5 years of related experience of which a minimum of 3 years should be in a similar position/ responsibility, preferably in the government / public sector.
  • Extensive knowledge of payment processes, accounting, business operations, procurement (experience in these areas preferred)
  • Expert knowledge of desktop applications (Ms-Office, Word, Excel, PowerPoint, etc.), Earned Value Management and BI Tools.
  • Working knowledge of project management systems such as SAP, Oracle, S4HANA.
  • Strong interpersonal skills
  • Ability to work in a team setting as well as independently
  • Ability to work under pressure and meet deadlines

Job Details

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Job Source : recruitcrm.io

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