Company Description
The Golden Compass is an independent international Consulting, Drilling, and Services practice providing focused advice and solutions, and services contracting to the earth resource industry. For exploration and mining projects, we offer services from exploration to mine closure. The Golden Compass established in 2015, our employs more than 250 professionals internationally in over 3 offices on 3 continents
Role Description
Golden Compass Mining Services is seeking a qualified Accounts Payable Officer to join our finance team at the Head office in Jeddah . The role responsible for managing supplier invoices ,vendor payments ,and ensuring accurate cost recording for drilling and consultancy operations in compliance with Saudi VAT regulation, ZATCA requirements, and company policies
Key Responsibilities
- Process and review supplier invoices related to drilling and mining operations.
- Verify invoices against Purchase Orders, delivery notes, and service reports.
- Ensure compliance with Saudi VAT regulations and ZATCA requirements.
- Prepare vendor payments and coordinate bank transfers.
- Perform supplier reconciliations and maintain accurate AP records.
- Support month-end closing and financial reporting
Skills & Competencies
- Strong understanding of accounts payable and cost center processes.
- High attention to detail and accuracy.
- Ability to manage high invoice volumes and meet deadlines.
- Effective communication skills with suppliers, site teams, and banks.
- Strong compliance and audit mindset.
- Ability to work in a multicultural and site-driven environment
Qualifications
- Saudi National required.
- Bachelor’s degree in Accounting or Finance.
- 3-5 years of Accounts Payable experience in Saudi Arabia.
- Strong knowledge of Saudi VAT, ZATCA regulations, and e-invoicing (FATOORA).
- Experience with ERP systems (SAP, Oracle, Dynamics, Odoo or similar).
- Proficiency in MS Excel