Accountant

Ingenia Polymers Chemical Industries LLC; Abu Dhabi; On-site; AED 60,000 - 80,000; Full time

Benefits offered by this job

Competitive salary

Health insurance

Job summary

Ingenia Polymers Chemical Industries LLC is looking for an experienced Accounts Payable and Receivable professional located in Abu Dhabi, United Arab Emirates. This role includes managing supplier payment schedules, ensuring timely recording of invoices, and collaborating with vendors for reconciliation.

The ideal candidate should hold a Bachelor's degree in accounting with 2-5 years of experience, possess excellent SAP skills, and demonstrate strong analytical abilities.

Qualifications

• Minimum 2 years of experience in accounting or finance.
• Hands-on experience with accounting software.
• Strong attention to detail and good analytical skills.

Responsibilities

• Manage accounts payable and receivable processes.
• Ensure timely submission of invoices to customers.
• Assist in month-end and year-end closing processes.

Skills

Accounting regulations and procedures

SAP Finance Module

MS Excel skills

Analytical skills

Attention to detail

Education

Bachelor’s degree in accounting

Tools

SAP

Job description

Accounts Payable

• Registering new suppliers in SAP, modifying existing supplier records if any
• Constantly reviewing the GRIR report from SAP
• Ensuring timely recording of invoices in SAP via MIRO FB60
• Preparing weekly payment plans for suppliers and sharing them with the Regional Controller
• Informing suppliers of payment schedules and payment details
• Initiating wire transfers to suppliers per the agreed payment plan and informing the Regional Controller / General Manager to approve
• Posting payments in SAP
• Reviewing prepayment lists and following up with the respective person for invoices
• Clearing prepayments
• Reconciling customer and vendor Statements of Account (SOA) with the company’s books to ensure accuracy and resolve discrepancies
• Collaborating with customers and vendors to address any reconciliation issues or disputes

Accounts Receivable

• Timely submission of invoices to customers
• Ensuring customers record our sales invoices
• Periodically sending confirmations to customers and performing reconciliations
• Sending timely reminders to customers for payment
• Posting incoming payments in SAP
• Knocking off receipts against invoices
• Continuously reviewing aging payables and receivables of each customer, informing the Regional Sales Manager, Regional Controller, and Site Leader of overdue invoices
• Preparing the monthly collection plan once reviewed by the Regional Controller and sharing it with the RSMs, Commercial Manager, and Site Leader
• Advising issuance of dunning letters
• Reviewing the credit application forms submitted by customers and adding payment history to them
• Maintaining and updating AR and AP records, ensuring all transactions are recorded correctly

Month-End Closing Activities

• Assisting in month-end and year-end closing processes
• Ensuring all AP and AR transactions are recorded properly before period closing
• Reviewing and clearing GRIR balances
• Performing vendor and customer reconciliations
• Reviewing aging reports and highlighting long outstanding balances
• Preparing and posting accruals and prepayments
• Reconciling bank accounts and petty cash balances
• Performing general ledger reconciliations and ensuring accuracy of balances
• Reviewing trial balance and investigating discrepancies
• Preparing supporting schedules for monthly financial reporting
• Ensuring completeness and accuracy of revenue and expense recognition
• Conducting inter-company reconciliations and confirmations
• Verifying fixed asset additions, disposals, and depreciation postings
• Ensuring compliance with company policies and applicable accounting standards
• Providing required documentation and schedules for audit purposes

Petty Cash

• Handling petty cash of the company
• Making payments upon verification of expense invoices and approval from the Line Manager
• Getting approval from Site Leader
• Posting petty cash payments in SAP ICV

Audit

• Coordinating with clients for required information and documents needed for ICV
• Reviewing, preparing, and compiling the financial statements in accordance with the reporting frameworks as applicable in local laws
• Maintaining records as per ICV requirement
• Managing audit procedures in accordance with the accepted Auditing Standards

Customs and Transport

• Posting customs and clearing invoices in SAP
• Posting transport invoices in SAP
• Preparing reconciliation with the forwarders

Interpersonal Skills

• Verbal communication: Ability to explain complex financial concepts in simple terms for clients or team members
• Working effectively within a team to achieve common goals and support other departments
• Building relationships with clients, management, and colleagues to maintain effective communication and foster trust

Qualifications, Experience, and Skills

• Bachelor’s degree in accounting
• 2 – 5 years of experience
• Excellent knowledge of accounting regulations and procedures
• Hands‑on experience with accounting software like SAP Finance Module
• Advanced MS Excel skills including VLOOKUPs and pivot tables
• Experience with general ledger functions
• Strong attention to detail and good analytical skills
• Additional certification (CPA or CMA) is a plus