Accounts Payable Lead

About Mozn

Mozn is a rapidly growing technology firm revolutionising the field of Artificial Intelligence and Data Science headquartered in Riyadh, Saudi Arabia and it’s working to realise Vision 2030 with a proven track record of excellence in supporting and growing the tech ecosystem in Saudi Arabia and the GCC region. Mozn is the trusted AI technology partner for some of the largest government organizations, as well as many large corporations and startups.  

We are in an exciting stage of scaling the company to provide AI-powered products and solutions both locally and globally that ensure the growth and prosperity of our digital humanity. It is an exciting time to work in the field of AI to create a long-lasting impact. 

About The Role

The Accounts Payable Lead is responsible for overseeing the end-to-end accounts payable process to ensure accuracy, timeliness, and compliance with accounting standards and Saudi tax regulations. This role requires a detail-oriented professional who can manage daily operations, guide team members, and ensure that all payments, reconciliations, and reporting activities are performed efficiently and in accordance with company policies. 

What You'Ll Do

• Ensuring proper accounting for the APs, ensuring the accuracy, completeness, and 3-way match. 
• Preparing detailed Daily Invoice Tracker, indicating the status of invoices processed and outstanding. 
• Ensuring timely processing of all invoices without delays. 
• Doing the month-end closing as per the management deadlines. 
• Ensuring proper deduction of WHT as per the Saudi Tax Law. 
• Ensuring proper application of VAT. 
• Preparation and submission of WHT and VAT Returns monthly. 
• Ensuring preparation of reconciliations monthly. 
• To facilitate during the internal and external audit processes, ensuring compliance with financial regulations and accounting standards. 
• Providing guidance to the Team members in execution of their daily tasks. 
• Prepare audit schedules and respond to audit inquiries. 
• Other tasks and ad hoc requirements as assigned by the Line Manager. 

Qualifications

• Bachelor’s Degree in Accounting, Finance, or a related field required. 
• Professional Qualification (CA, ACCA, CPA) will be a plus. 
• SOCPA registration required 
• At least 10 years of experience of working in Accounts Payable department, Shared Services, including 3 years at the AP Head / Lead position. 
• Hands on experience of working in ERP (Oracle, MS Dynamics, Odoo). 
• Good knowledge of Saudi Tax Laws (especially WHT and VAT). 
• Capable of handling work pressure and meeting deadlines with professionalism. 
• Good communication skills. 

Benefits

• You will be at the forefront of an exciting time for the Middle East, joining a high-growth rocket-ship in an exciting space. 
• You will be given a lot of responsibility and trust. We believe that the best results come when the people responsible for a function are given the freedom to do what they think is best. 
• The fundamentals will be taken care of: competitive compensation, top-tier health insurance, and an enabling culture so that you can focus on what you do best 
• You will enjoy a fun and dynamic workplace working alongside some of the greatest minds in AI. 
• We believe strength lies in difference, embracing all for who they are and empowered to be the best version of themselves.