Accounts Payable & Receivable Officer

Accounts Payable • Process supplier invoices accurately and on time. • Verify purchase orders, GRNs, and supplier statements before posting. • Prepare and manage payment schedules based on due dates and cash flow priorities. • Ensure timely settlement of supplier accounts to avoid overdue balances. • Maintain updated records of vendor accounts and resolve discrepancies. Accounts Receivable • Record and monitor customer invoices, credit sales, and collections. • Track outstanding receivables and follow up with customers for timely payments. • Reconcile customer accounts and resolve disputes or discrepancies. • Ensure accurate posting of rebate income, promotional contributions, and supplier support. Compliance & Audit • Ensure adherence to Omani accounting standards and VAT regulations. • File VAT returns regularly and ensure compliance with 5% VAT requirements. • Support internal and external audits with accurate documentation. Reconciliation & Reporting • Perform daily reconciliation of cash, bank, and credit card transactions. • Prepare monthly statements of accounts payable and receivable. • Provide reports on overdue accounts and recommend corrective actions. • Support the Account Manager in preparing profit and loss statements and financial projections. Coordination & Support • Collaborate with procurement, sales, and warehouse teams to align financial records. • Support finance in budgeting, forecasting, and cash flow management. • Maintain strong communication with suppliers and customers to ensure smooth operations. • Bachelor’s degree in Accounting, Finance, or related field. • Minimum 3–5 years of experience in accounts payable/receivable, preferably in retail or hypermarket operations. • Strong knowledge of Omani VAT (5%) regulations and compliance requirements. • Proficiency in ERP/accounting systems (SAP, Oracle, Odoo, or similar). • Excellent analytical, organizational, and time management skills. • Strong attention to detail and accuracy. Competencies • Integrity and compliance oriented mindset. • Ability to work under pressure and meet deadlines. • Strong communication and vendor/customer management skills. • Collaborative approach with finance, procurement, and operations teams. • Problem solving and reconciliation expertise.