Accounts Payable Accountant

Confidential Company; Abu Dhabi; On-site; AED 120,000 - 200,000; Full time

Job summary

A leading company in Abu Dhabi is seeking an Accounts Payable Specialist to manage financial transactions and vendor relations. The ideal candidate will possess a Bachelor's degree in Accounting or Finance, along with 2-3 years of relevant experience. Responsibilities include processing invoices, conducting audits, and supporting month-end closing procedures. This role requires proficiency in accounting software (QuickBooks, SAP) and strong communication skills in both English and Arabic.

Qualifications

• 2-3 years of experience in accounts payable is preferred.
• Proficiency in accounting software is essential.
• English & Arabic speaker required.

Responsibilities

• Ensure invoices and payments are processed accurately.
• Conduct regular audits of accounts payable transactions.
• Collaborate with internal departments to resolve payment issues.

Skills

Attention to detail

Communication

Problem-solving

Data management

Education

Bachelor's degree in Accounting

Bachelor's degree in Finance

Tools

QuickBooks

SAP

Excel

Job description

• Ensure all invoices and payments are processed accurately and in a timely manner to avoid any late payment penalties or interest charges.
• Process and manage vendor invoices accurately and promptly to ensure timely payments and maintain positive relationships.
• Conduct regular audits of accounts payable transactions to identify discrepancies and implement corrective measures.
• Reconcile accounts payable transactions monthly to ensure that all entries are accurate and up-to-date.
• Collaborate with internal departments to resolve any invoice or payment-related issues, fostering a team-oriented environment.
• Maintain and update the vendor database, ensuring compliance with company policies and regulatory requirements.
• Prepare and submit tax-related documents, such as 1099 forms, ensuring compliance with applicable tax laws.
• Assist in the preparation of monthly financial reports by providing accurate accounts payable data.
• Monitor cash flow and payment schedules to optimize working capital and maintain financial health.
• Support audits by providing necessary documentation and clarifying accounts payable processes.
• Continuously seek process improvements within the accounts payable function to enhance efficiency and accuracy.
• Manage the accounts payable aging report to ensure timely payment of invoices and avoid any overdue payments.
• Manage vendor relationships and communicate with vendors, suppliers, and contractors regarding any issues related to invoices or payments.
• Assist with month-end closing procedures, including reconciling accounts payable to the general ledger and preparing related journal entries.
• Assist with the annual audit process by providing necessary documentation and responding to auditor inquiries related to the accounts payable function.
• Monitor and report on accounts payable metrics, including invoice volume, payment accuracy, and vendor performance.
• Develop and maintain accounts payable policies and procedures to ensure compliance with company and regulatory requirements.
• Identify opportunities for process improvements and automation in the accounts payable function to increase efficiency and reduce errors.
• Train and provide guidance to other finance team members, as needed, on accounts payable processes and procedures.
• Stay informed of industry trends and best practices related to accounts payable and make recommendations for improvements to the finance team

Desired Candidate Profile

• Bachelor's degree in accounting, Finance, or a related field
• Bachelor's degree in Accounting, Finance, or a related field is essential for foundational knowledge.
• A minimum of 2-3 years of experience in accounts payable within a corporate environment is highly preferred.
• Proficiency in accounting software (e.g., QuickBooks, SAP) and strong Excel skills are critical for effective data management.
• Knowledge of accounts payable best practices and regulatory compliance is necessary to ensure accurate processing.
• Certification in accounts payable (e.g., CPAs, APICS) is a plus and demonstrates commitment to the profession.
• Experience in a high-volume accounts payable environment shows ability to manage stress and workload efficiently.
• English & Arabic Speaker is required, and proficiency in an additional language can be advantageous for international vendors.
• Strong attention to detail is crucial for minimizing errors and maintaining accurate financial records.
• Excellent communication skills are essential for effective collaboration with vendors and internal stakeholders.
• A proactive attitude and problem-solving mindset are key personal qualities that drive success in this role.
• Years of Experience form 2-5 in the same filed

Disclaimer: Naukrigulf.com is only a platform to bring jobseekers & employers together. Applicants are advised to research the bonafides of the prospective employer independently. We do NOT endorse any requests for money payments and strictly advice against sharing personal or bank related information. We also recommend you visit Security Advice for more information. If you suspect any fraud or malpractice, email us at [e-mail]

People Looking for Accountant Jobs also searched