Accounts Payables Senior Specialist

JOB DETAILS

Job Title: Accounts Payables Senior Specialist.

Sector/Business Line: ElSewedy Electric T&D.

Scope: Transmission & Distribution.

Department: Finance.

Accountabilities:

• Review, verify, and process supplier, vendor, subcontractor, and consultant invoices.
• Match invoices with Purchase Orders (POs), contracts, Goods Receipt Notes (GRNs), and supporting documentation.
• Ensure timely and accurate posting of invoices into the ERP system.
• Prepare payment runs in accordance with payment schedules and cash flow requirements.
• Process employee expense claims and petty cash settlements.
• Monitor due dates and ensure payments are made according to contractual agreements.
• Maintain vendor master data and ensure accuracy of records.
• Reconcile supplier and subcontractor statements on a monthly basis.
• Resolve invoice discrepancies, payment issues, and vendor queries promptly.
• Build and maintain professional relationships with vendors and subcontractors.
• Coordinate with Procurement, Project Control, Site Administration, and Project Managers regarding invoice approvals and project-related costs.
• Verify subcontractor payment certificates and progress billing documentation.
• Ensure proper allocation of costs to construction projects and cost centers.
• Support project teams in tracking and controlling project expenditures.
• Ensure compliance with company financial policies, delegated authority matrix, and internal controls.
• Assist in month-end and year-end closing activities related to accounts payable.
• Prepare AP accruals and provisions when required.
• Support internal and external audit requirements by providing necessary documentation.
• Ensure compliance with tax regulations, including VAT and withholding tax requirements.
• Prepare accounts payable aging reports and payment forecasts.
• Monitor outstanding liabilities and identify potential risks.
• Generate periodic management reports related to vendor payments and AP performance.
• Support cash flow planning by providing payment schedules and forecasts.

Direct Manager: Accounts Payables Section Head.

Education Background:

• Bachelor's Degree in Accounting, Finance, Commerce, or a related field.
• Professional certifications (CPA, CMA, ACCA, DipIFR, etc.) are an advantage.
• 5–7 years of experience in Accounts Payable, preferably within the construction, engineering, EPC, or contracting industry.
• Experience handling subcontractor payments, project-related invoices, and large-volume transactions.
• Experience working with ERP systems such as SAP, Oracle, Microsoft Dynamics, or equivalent.

Technical Skills:

• Strong knowledge of Accounts Payable processes and best practices.
• Understanding of construction contracts, subcontractor billing, and project accounting.
• Knowledge of VAT, withholding tax, and financial regulations.
• Advanced Microsoft Excel skills.
• ERP system proficiency.