Accountant-accounts Payable

2 weeks ago


UAE, United Arab Emirates Damac Properties Full time

**Responsibilities**:
**Liability, Payment**
- Post invoices for the suppliers and perform a maker role for the liability creation in Oracle and Bank Platforms.
- Seek and provide advice on the resolution of rejected documents.
- Monitor payments processed and coordinate with the treasury team for any issue resolution.
- Prioritize the critical suppliers/payments and process to expedite the requests.
- Someone familiar with utility payments and processing large volume of invoices

**Accuracy & Accounting**
- Ensure timely and accurate processing and accounting of payments in accordance with the accounting standards.
- Seek guidance for any clarification on accounting, VAT/Tax and IPC/RERA/Bank related issues.
- Monitor payment schedules, ageing files, and bank reconciliation and provide guidance to junior staff who are involved in daily transactions

**Policies, Systems, Processes & Procedures**
- Follow all relevant P2P departmental policies, processes, standard operating procedures, and instructions so that work is carried out in a controlled and consistent manner.
- Participate in Fusion implementation, data clean-up & data migration & other BAU projects/initiatives, UATs and change management.
- Ensure compliance to defined P2P Payment processes and documentation requirements and retention are complied.

**Reporting**
- Contribute to the period closure activities.
- Prepare ad hoc reports as required by team leads and tower leads.



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