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Any Nationality
Gender
Not Mentioned
Vacancy
1 Vacancy
Job Description
Roles & Responsibilities
Bayut is the number one property portal in the Kingdom, connecting millions of users across the country. We are committed to delivering the best online search experience. As part of Dubizzle Group, Bayut is alongside some of the strongest classifieds brands in the market. With a collective strength of 10 brands, we have more than 200 million monthly users that trust in our dedication to providing them with the best platform for their needs.
The Associate Accounts Payable (Affiliates & Brokers) is responsible for ensuring timely, accurate, and
compliant processing of commissions and incentive payouts to affiliates and brokers. The role involves
maintaining payout schedules, managing financial reporting, addressing discrepancies, and coordinating with
key internal stakeholders including Audit, Payables, and Key Account Managers (KAMs)
Desired Candidate Profile
In this role, you will:
Commission & Incentive Processing
- Ensure error-free calculation and disbursement of commissions and incentives for affiliates and
brokers.
- Verify supporting documentation, deal details, and policy adherence before processing payouts.
Commission Schedule Management
- Roll out periodic commission schedules in a timely and structured manner.
- Coordinate with relevant teams to confirm accuracy of scheduled payments.
Turnaround Time (TAT) Management
- Monitor and maintain agreed TATs for all commission-related disbursements.
- Proactively resolve bottlenecks and escalate delays as necessary.
Financial Reporting
- Prepare and circulate regular reports on commission disbursements and cost-to-revenue (C2R)
ratios.
- Ensure data accuracy and consistency across reports for internal reviews and audits.
Anomaly Detection
- Identify and highlight anomalies or inconsistencies in payouts.
- Investigate discrepancies and work with cross-functional teams to resolve issues.
Bulk Deal Commission Handling
- Process and verify large-volume/bulk commission payments related to special deals or campaigns.
- Ensure proper tagging and documentation of bulk deals for traceability.
Stakeholder Coordination
- Serve as liaison between Audit, Payables, and Key Account Managers (KAMs) to ensure alignment on
payout matters.
- Support audit requirements by providing necessary documentation and clarifications.
Requirements
- Bachelor s degree in Finance, Accounting, Business Administration, or related filed
- 1 3 years of relevant experience in accounts payable or finance operations
- Experience in affiliate or broker payment environments is a strong advantage
- Strong understanding of partner/channel sales models and client service dynamics.
- Ability to analyses
- Good understanding of financial reconciliation and documentation standards
- Ability to handle pressure and meet tight deadlines
- High-performing and fast-paced work environment.
- Comprehensive Health Insurance
- Rewards and recognition
- Learning & Development
Bayut is an equal-opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.
#KSABayut
Company Industry
- Construction
- Civil Engineering
Department / Functional Area
- Accounts
- Taxation
- Audit
- Company Secretary
Keywords
- Associate - Accounts Payable
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