Accounts Payable Specialist
7 days ago
Job Title: Accounts Payable Specialist
">Fairmont The Palm is a luxury resort located on the iconic Palm Jumeirah Island in Dubai. As an Accounts Payable Specialist, you will be responsible for ensuring effective cash flow management and maintaining accurate financial records.
Key Responsibilities:- Track payable accounts to ensure timely payment processing;
- Obtain and file supporting documents for authorized purchases and services;
- Process invoices daily, matching them with supporting documents and receiving records;
- Check petty cash vouchers for accuracy and post them in the accounting system;
- Provide creditors ageing report to Finance and Control Section personnel;
- Determine payments due and submit payment requests and disbursement schedule;
- Prepare cheque payments and submit them for approval;
- Raise and record cheques for urgent payments;
- Prepare month-end report closing of Accounts Payable;
- Prepare monthly accruals and provision for contracted services;
- Assist in reconciling inventory book balances and preparing balance sheet schedules;
- Supervise, correct and demonstrate duties and tasks to standard;
- Ensure files and reports are properly filed for future reference;
- Assist in quarterly, semi-annual and annual inventory of operating equipment;
- Ensure loyalty of key suppliers to reduce cost per unit;
- Implement and streamline internal control procedures.
- Minimum 5 years of relevant experience in the hotel industry, preferably in the luxury segment;
- Service-focused with a keen eye for details;
- Strong user knowledge of Microsoft Outlook, Microsoft Office, Opera, Sun System or its equivalent.
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