ACCOUNTS PAYABLE ACCOUNTANT
PALACE GROUP LLC
DUBAI, United Arab Emirates
Experience
5 - 10 Years
Job Location
Dubai - United Arab
Emirates (UAE)
Education
Bachelor of Commerce(Commerce)
Nationality
Any Nationality
Gender
Male
Benefits
Medical Insurance, Annual
Bonus, Visa, Annual Air Ticket
Vacancy
2 Vacancies
About the job
Description of the Position
Functions & Accountability
1. Using ePROMIS, correctly code, authorize, and record vendor invoices.
2. Verify vendor assertions, look into and quickly settle differences, working
with suppliers and internal stakeholders as necessary.
3. Verify financial transactions' correctness and completeness through routine
bank reconciliations.
4. Ensure compliance with payment conditions and corporate regulations, prepare
and carry out payment runs, including vendor/supplier payments, payroll salary
administration, and other disbursements.
5. Ensure that accounts payable transactions are correctly recorded and
preserved for auditing reasons, and keep correct records of them in the general
ledger.
6. Help with month-end closing tasks including accruals, account
reconciliations, and report writing for management inspection.
7. Work with procurement and other departments to settle invoice and
payment-related problems, giving internal and external stakeholders outstanding
service.
8. Track the aging of accounts payable and take preventative steps to guarantee
prompt vendor payments, therefore reducing the possibility of late fines and
penalties.
9. Examine and balance employee spending reports to ensure the general ledger
is correctly recorded and corporate regulations are followed.
10. Help with audits by giving auditors the records, reconciliations, and
assistance they need to comply with internal controls and legal obligations.
Wanted Profile of the Candidate
1. Accounting bachelor's degree from a recognized institution
2. Five years of required accounts payable experience in a top UAE construction
business.
Strong understanding of accounting concepts and procedures.
4. Hands-on experience with accounts payable procedures, including invoice
processing, payment runs, and reconciliation, using ePROMIS or a comparable
ERP.
5. Excel in specific proficiency with MS Office.
6. Exceptionally accurate and detail-oriented.
7. Good time- and organizational management abilities.
8. Capacity for fast-paced, teamwork as well as working alone.
9. Preferably, one should be conversant with UAE VAT laws and compliance
standards.
Employment Type
Full Time
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