Accounts Payable Officer

7 months ago


Dubai, United Arab Emirates The First Collection Full time

Overview:
Comprising of The First Group’s award-winning hotels and restaurants, The First Collection is an innovative lifestyle brand offering exciting hospitality services and unforgettable dining experiences.

The First Collection’s portfolio of five operational hotels are renowned for their world-class service and cutting-edge amenities designed to ease guests into their stay. The First Collection at JVC opened in September 2021 and is the first branded and managed hotel under the group. Grand Heights Hotel Apartments, offers comfortable studios and one-bedroom apartments in the heart of the city, and is owned and managed by The First Collection. Bringing to the market a range of franchised properties, the group also manages TRYP by Wyndham Dubai and Wyndham Dubai Marina, which are franchises of the Wyndham Group. While Citadines Metro Central Dubai, offers hotel apartments in a prime location and is a franchise of The Ascott Limited.

The First Collection’s restaurants offer exceptional and original dining experiences that focus on creating unique lifestyle-driven dining concepts with a strong emphasis on quality and affordability. The rapidly growing portfolio of restaurants, cafes and bars features a dynamic mix of homegrown brands and recognised International franchises, including MasterChef, the TV Experience - the world’s first restaurant based on the global TV phenomenon. With an emphasis on social dining, this exciting restaurant portfolio is helping establish the collection of upscale and upper midscale hotels among Dubai’s hottest gastronomic and lifestyle destinations.

With ambitious growth plans in the years ahead, The First Collection will be opening numerous upper scale hotels and a series of dining concepts throughout Dubai.

**Job Description**:
The Accountant - Accounts Payable role will primarily be responsible for;
- Mainly in Accounts Payable function
- Ensuring that VAT compliance is maintained and the company is not exposed to any risk
- Ensuring timely payments of vendor invoices, while managing working capital
- Adhering to a strict month end deadline, with accuracy and completeness of all duties
- Enforcing the controls and absolute accuracy of the petty cash function
- Ensuring Accounts Payable reconciliations are performed on a weekly and monthly basis
- Vendor account reconciliations to identify and investigate anomalies
- Introducing a comprehensive document management system
- Ensuring that the Delegated Authorities are followed before payments are made
- Recording to the correct ledger/cost centre is maintained with absolute accuracy
- Maintaining and developing relationships with existing and new suppliers
- Working alongside the Financial Controller to continually improve the internal controls in the Requisition to Payment cycle
- Working with the key Department procurement staff, Cost Accountants and Head of Departments to ensure cost control
- Maximising the potential of the new AX Dynamics ERP system to assist with system-based controls, processes and reporting
- Ad hoc projects at the request of the Financial Controller or Departmental Heads to improve efficiency, accuracy and reporting

Desired Skill & Expertise:

- Have excellent experience of 2 - 3 years in Dubai within the Accounts Payable department in a Hotel
- Be able to think independently and constantly look for improvements in practice and policy
- Be flexible and efficient to meet deadlines and ad hoc tasks
- Be familiar with key accounting principles for recognition of Cost/Fixed Assets/Accruals/Prepayments
- Should have studied Bachelors of Finance (ACCA or CA qualification is an advantage)



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