Accountant - Payables Required in Dubai - Dubai
Accountant - Payables Required in Dubai
We are looking for an Accountant - Payables to join our Finance team.
The role holder is responsible for accurate and timely processing of accounts payable for the company in line with the IFRS guidelines and internal policies & procedures by providing comprehensive, accurate and timely services through efficiently recording, monitoring and reconciling supplier transactions. This includes verifying and recording payments, receiving supplier invoices, performing reconciliations, and employee reimbursements and updating the financial system in accurate and timely manner.
Key Responsibilities/Accountabilities
Accounts Payable Processing
Process payments related to all suppliers, vendors, contractors, employees, and Govt. authority ensuring payments are processed on schedule dates as per the payment cycles.
Process invoice payments after performing a 3-way match and completeness of documentation, VAT compliance and make accounting entries.
Process utilities vendors payments in coordination with FM managers with all supporting documents / justifications for increase or decrease in expenses.
Review the prepayment report on monthly basis and focus to close the advances based on Procurement confirmation and reconcile it with GL balance.
Analyze supplier ageing and take remedial action for reconciliation.
Review and approve cash invoices, cash refunds and Government Service Payments (GOS Entries).
Ensure all invoices are recorded and all month end activities are performed as per the defined policies and procedures.
Review and approve project payment certificates received from the Engineering department. Ensure accuracy of POET details and the Project budget & MEP. Review the retention & contractor advances and approve it for payment.
Ensure accounts payable operations comply with statutory requirements, IFRS guidelines, company policies, processes, procedures, and internal controls.
Audit Support
Liaise with Internal Audit and assist the auditors in completing audits as per the schedule.
Implement action plans along with Line Manager for audit findings and interact internally and externally to ensure all the audit findings are worked on and successfully dealt with.
Reporting
Prepare / review monthly MIS reports on key performance indicators for the Senior Management.
Relationship Management
Maintain business relations with suppliers and meet them to resolve discrepancies and issues, if any, related to the invoices and payments.
Minimum Qualification:
Bachelors’ in in accounting / finance / business administration.
/ CPA / CMA / ACCA or equivalent professional qualification in accounting.
Experience:
Minimum 5-6 years post qualification accounting / auditing experience within a large real estate company.
Minimum 2 years of demonstrated A/P experience in the Middle East.
Technical Competencies
Sound knowledge of accounting principles such as financial statements / consolidation (IFRS), GAAP and company laws.
Systems knowledge such as Oracle Financials (R12 / Cloud) / Hyperion experience.
Attention to detail with a high degree of accuracy.
Excellent analytical and numerical skills.
Ability to work a flexible schedule during key business deadlines.
Advance knowledge of MS Excel and good understanding of internal controls & business processes.
Excellent interpersonal skills with the ability to interact with all levels of management.
Excellent communication / presentation skills.
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https://ae.linkedin.com/jobs/view/accountant-payables-at-confidential-3210472430?
