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    Accounts Payable - Accountant

    Marafiq - Jubail, Saudi Arabia

    Ref. JB1751916

    Job Description

    To verify vendor invoices to ensure satisfaction of terms of contract and delivery of goods/services, process payments to creditors in accordance with corporate policies and procedures and ensure integrity of accounting.

     Works under general supervision of superior
     Responsible for processing invoices of vendors and O&M contractors recording and maintaining payable accounts.
     Responsible for monitoring and safe custody of bonds/guarantees furnished by vendors.
     Responsible for processing payments in line with corporate procedures and policies
     Responsible to ensure full accruals during month closing and annual closing.
     Responsible to ensure full adherence to all corporate policies and procedures.


    Minimum Qualifications:
     Bachelor’s degree in Accounting or Finance.
    Minimum Experience:
     6 – 9 years experience in Accounts, Industrial experience preferred.
    Job- Specific Skills:
     Good SAP skills related to Accounts Payable Module.
     Knowledge of SAP-MM and FI-CO and general awareness of SAP-PM, PS and HR systems and their linkages.
     Good financial accounting knowledge, and awareness of SOCPA Accounting standard requirements.

    Job Details

    Job Location:
    Jubail, Saudi Arabia
    Company Industry:
    Company Type:
    Employer (Private Sector)
    Job Role:
    Employment Status:
    Full time
    Employment Type:
    Monthly Salary Range:
    Number of Vacancies:

    Preferred Candidate

    Career Level:
    Entry Level
    Years of Experience:
    Min: 5
    Residence Location:
    Bachelor's degree / higher diploma

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    About This Company

    Established in terms of Royal Decree M/29 of 18 October 2000 (22 Rajab 1421 Hijra) as a joint-stock company, Marafiq is owned by its four major shareholders - the Royal Commission for Jubail and Yanbu (RC), Saudi Basic Industries Corporation (SABIC), Saudi Arabian Oil Company (Saudi Aramco), and the Public Investment Fund (PIF). Seven private-sector investors make up the remaining shareholders. Marafiq started operating as a private power and water utility company on 1 January 2003, with SR 2,5 billion of initial owner equity. Marafiq's headquarters are in Jubail Industrial City on the Arabian Gulf, and the regional office is based in Yanbu Industrial City on the Red Sea. A representative office is located in Riyadh. Marafiq's main objective, as stated in its charter, is to undertake the operation, maintenance, management, expansion and construction of seawater cooling systems, desalinated and treated water systems, sanitary and industrial wastewater systems and electric power systems to provide essential utility services to industrial, commercial and residential customers in the industrial cities of Jubail and Yanbu.