Accountant

Sharjah Coop; Sharjah; On-site; AED 50,000 - 80,000; Full time

Job summary

A local cooperative in Sharjah is looking for a finance professional to manage payment processing, review invoices, and ensure compliance with accounting practices. The ideal candidate will be skilled in handling accounts payable data and reconciling vendor statements. Prior experience in financial transaction management is essential for this role.

Qualifications

• Experience in processing payments in compliance with financial policies.
• Strong understanding of accounts payable data management.
• Proficiency in reconciling vendor statements and resolving discrepancies.

Responsibilities

• Process payments in line with financial policies.
• Review invoices for documentation and approvals.
• Reconcile vendor statements and correct discrepancies.

Job description

Job Purpose

• Processing payments in compliance with financial policies and procedures.
• Performing day to day financial transactions, including verifying, classifying, computing, posting and recording accounts payable data.

Key Accountabilities

• Review all invoices for appropriate documentation and approvals as per internal policies and procedures prior to payment.
• Prioritize invoices according to cash discount potential and payment terms as per contractual agreements and internal policy.
• Process check requests and wire transfers after approval for payment.
• Match invoices to checks, obtain all signatures for checks and distribute checks accordingly.
• Respond to all vendor inquiries.
• Reconcile vendor statements, research and correct discrepancies.
• Charge expenses to accounts and cost centers by analyzing invoices, expense reports, and recording entries.
• Maintain accounting ledgers by verifying and posting account transactions.
• Assist in month end closing.
• Maintain files and documentation thoroughly and accurately in accordance with company policy and accepted accounting practices.
• Assist with other projects as needed.