IFS - Finance - Accounts Payable Manager

Job description / Role

Line of Service
Internal Firm Services

Specialism
IFS - Finance

Management Level
Manager

Job Description & Summary
A career in Finance, within Internal Firm Services, will provide you with the opportunity to help PwC in all aspects of our Finance internal function including financial planning and reporting, data analysis, and assisting leadership with overall strategy. You'll focus on recording and analysing financial transactions, paying and receiving invoices, maintaining financial statement ledger accounts, and preparing analysis and reconciliations of bills to detect fraud.

Our Accounts Payable and Receivable team is responsible for performing collections activity and payment of debt activity. You'll focus on working with senior individuals to review and produce reports related to the accounts receivable and accounts payable accounts that will assist PwC in achieving monthly collection target amounts as well as ensuring timely payment of vendor invoices.

The Accounts Payable (AP) Manager is a senior individual within the PwC Middle East Finance function. The AP team sits within the Finance Shared Services Centre delivering end to end AP activities for PwC across the Middle East (ME).

The role manages a team of AP resources to ensure all activities across the ME are completed on time and according to approved processes. The role ensures adherence of the function to PwC approved accounting principles, established procedures, departmental guidelines, and regulatory requirements applicable to the work.
We would like to hear from individuals with experience of an Accounts Payable function in a management capacity.

An organized, motivated Accounts Payable Manager to increase department accuracy and efficiency and provide strong leadership to our Accounts Payable department. The Accounts Payable Manager will ensure that the department operates smoothly, maintain accurate and complete records regarding payments to vendors and serve as a liaison between the Accounts Payable department and its stakeholders, including vendors, PWC wider firm, banks and government agencies where applicable. The successful Accounts Payable Manager should be focused on optimizing functional processes and building lasting relationship with others within and outside of the business. You should be knowledgeable, analytical, and decisive with excellent leadership and communication skills to support the Shared Services Manager, functional managers and PWC stakeholders.

Responsible for the management of the PwC ME AP function including

- Overseeing routine department activities, ensuring accuracy and completeness in a timely manner in accordance with PwC policies and procedures.
- Maintaining accurate and complete financial records, reconciling on a routine basis across all databases.
- Validating and authorising payment runs
- Completing monthly closing activities and working with other Team Leads to resolve any issues, making sure all deadlines are met
- Compiling, analyzing, and reporting financial information to management, critically evaluating performance.
- Setting and facilitating the achievement of department objectives in line with regional and global PWC targets.
- Developing, implementing and improving policies and department controls to increase accuracy and efficiency.
- Supervising, training, motivating and evaluating AP staff members.
- Building and maintaining relationships, and working closely with the wider Finance function, business, clients, and vendors.

Requirements

Education

- Bachelor's Degree in Business, Accounting, Finance or related field required of which at least 3 years in a supervisory / management role
- Professional Accounting Qualification (CPA, ACCA or equivalent) required

Language

- Fluency in written and spoken English required, proficiency in Arabic preferred

Overall Experience

- 7+ years of accounting experience role, preferably focused on the Accounts Payable function

Specific Experience

- Experience in the Professional Services industry would be an advantage
- Prior team supervisory / management experience required

Knowledge and Skills

- High level of analytical ability, able to perform financial and accounting and ad hoc reporting functions, including proficiency with computer based tools .e.g. Excel, Alteryx, Power BI
- Ability to develop and implement procedures, controls and policies for functional areas of responsibility
- Understanding of general accounting standards and practices
- Knowledge of internal controls and segregation of duties within finance and accounts
- Ability to effectively supervise a team comprised of different levels of professionals engaged in carrying out departmental functions
- Organization, thoroughness, eye for detail, time management skills and proactivity needed with good leadership skills
- Strong written and verbal communication skills
- Time management skills and proactivity
- Good problem solving skills
- Capability to work well in a team and under pressure
- Strong work ethic

About the Company

At PwC Middle East, we've set out an ambitious purpose and strive to live it everyday: to solve important problems and build trust in society.

We're a community of solvers that come together in unexpected ways to build trust and create sustained outcomes. We solve important problems, support one another as we grow, develop and build fulfilling careers.

PwC provides industry-focused services for public and private clients across Assurance and Audit, Deals, Consulting, Tax and Legal. We draw on our development legacy that brings together the collective experience of over 7,000 people in our region with offices across 12 countries to solve for tomorrow.

We're striving to consistently deliver innovative work that builds trust and delivers sustained outcomes. And we're proud of the strength that comes from all our different backgrounds and experiences and we value everyone's uniqueness. We thrive in uncertainty, operate with integrity and leverage the diverse perspectives of our teams.

If you're looking for a place that fuels your ambition to make a difference, that matches your curiosity with continuous learning opportunities and reimagines ways of working to enable you to lead a more balanced life, then you're a future PwCer.