Accounts Payable Jobs In Dubai | Dubiz Time

3 weeks ago


dubai, United Arab Emirates Dubiz Time Full time
Accounts Payable Jobs In Dubai | Dubiz Time About the job

Job Summary: As an Accountant specializing in Accounts Payable, you will be responsible for managing the payment processing and financial activities related to the company’s accounts payable function. You will play a crucial role in ensuring accurate and timely payments to vendors, maintaining financial records, reconciling accounts, and providing essential support to the finance team. This position requires a keen eye for detail, strong analytical skills, and the ability to work efficiently in a fast-paced environment.

Key Responsibilities

Invoice Processing: Verify and process invoices for goods and services received by the company. Ensure that invoices are accurately coded, approved, and posted into the accounting system.Payment Processing: Coordinate and execute the payment process, including preparing checks, electronic funds transfers, and online payments. Monitor payment deadlines to avoid late fees and maintain positive vendor relationships.Vendor Management: Maintain vendor records, communicate with vendors regarding payment inquiries or discrepancies, and address any issues or disputes that arise.Expense Reconciliation: Reconcile and review employee expense reports, ensuring compliance with company policies and proper documentation.General Ledger Reconciliation: Periodically reconcile accounts payable transactions to the general ledger, identifying and rectifying any discrepancies.Month-end and Year-end Close: Assist in the month-end and year-end closing processes, including generating reports, reconciling accounts, and preparing financial statements.Data Analysis: Analyze accounts payable data to identify trends, patterns, and potential cost-saving opportunities.Process Improvement: Continuously identify opportunities to enhance the efficiency and effectiveness of accounts payable processes, proposing and implementing process improvements as needed.Compliance: Ensure compliance with company policies, accounting principles, and relevant laws and regulations.Communication: Collaborate with internal departments and cross-functional teams to resolve payment-related issues, answer inquiries, and provide financial insights.

Qualifications And Requirements

  • Bachelor’s degree in Accounting, Finance, or a related field.
  • Proven experience as an Accounts Payable Specialist, Accountant, or similar role.
  • Strong understanding of accounting principles and accounts payable procedures.
  • Proficiency in accounting software and ERP systems (e.g., SAP, Oracle, QuickBooks).
  • Excellent attention to detail and accuracy in data entry and financial record-keeping.
  • Strong analytical and problem-solving skills, with the ability to identify and resolve discrepancies.
  • Effective communication and interpersonal abilities to interact with vendors and internal stakeholders.
  • Ability to work independently, prioritize tasks, and meet tight deadlines.
  • Solid understanding of financial compliance and regulations.
  • Advanced proficiency in Microsoft Excel and other MS Office applications.
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