Accounts Payable Accountant

IMKAN Properties; Abu Dhabi; On-site; AED 120,000 - 200,000; Full time

Job summary

A real estate development firm in Abu Dhabi is seeking an experienced Accounts Payable Manager. The role involves managing the complete accounts payable process, ensuring timely processing of invoices, maintaining supplier relationships, and compliance with UAE regulations. Prior experience in real estate development and proficiency in Oracle Fusion is required. This position emphasizes critical attention to detail in payment processing and financial reporting.

Qualifications

• Prior experience with real estate development firms.
• Well-versed in handling projects payable.
• Understanding of UAE regulations.

Responsibilities

• Manage the end-to-end accounts payable cycle.
• Ensure timely payment processing for suppliers.
• Reconcile vendor statements and resolve discrepancies.
• Assist in cash flow forecasting and compliance with VAT laws.

Skills

Accounts payable cycle management

Vendor invoice processing

Reconciliations

3-way matching

Oracle Fusion

VAT compliance

Job description

Kindly note that this position is strictly open to candidates who have prior experience with real estate development firms and are well-versed in handling projects payable.

Job Purpose:

To manage the accounts payable function, ensuring accurate and timely processing of vendor invoices, payments, reconciliations, and compliance with internal policies and UAE regulations. The role is critical in maintaining strong supplier relationships and supporting project cost control.

Key Responsibilities:

* Handle the end-to-end accounts payable cycle, including invoice verification, coding, approvals, and posting.

* Ensure timely processing of supplier, contractor, and service provider payments in line with contractual terms.

* Perform 3-way matching (PO, invoice, delivery note) to validate invoice accuracy before payment.

* Maintain accurate vendor master records and ensure proper documentation for all transactions.

* Monitor aging of payables and ensure payments are processed according to due dates.

* Reconcile vendor statements, resolve discrepancies, and follow up on outstanding credit notes or invoices.

* Coordinate with the procurement and project teams to validate costs and ensure proper project allocation.

* Support monthly, quarterly, and annual financial closing activities by ensuring all AP entries are posted timely.

* Assist in cash flow forecasting by providing payment schedules and disbursement plans.

* Ensure compliance with VAT laws, IFRS, and internal control procedures.

* Prepare and submit AP-related reports, including payment summaries, outstanding liabilities, and supplier balances.

* Support internal and external audits with required documentation and explanations.

* Experience in Oracle fusion