Accounts Payable Accountant

Bosch Diesel Service - Al Salehi; Dubai; On-site; AED 30,000 - 60,000; Full time

Job summary

An established industry player is seeking a detail-oriented Junior Accountant to manage accounts payable processes. This pivotal role involves processing invoices and payments, maintaining financial records, and collaborating with vendors. You'll play a key part in ensuring financial accuracy and compliance while identifying opportunities for process improvements. If you have a background in accounting or finance and possess strong organizational skills, this is a fantastic opportunity to contribute to a dynamic team in a fast-paced environment.

Qualifications

• Bachelor's degree in accounting or finance preferred.
• Relevant work experience in accounts payable can substitute formal education.

Responsibilities

• Manage accounts payable processes, including invoice and payment processing.
• Reconcile accounts payable transactions with vendor statements.

Skills

Attention to Detail

Organizational Skills

Accounting Software Proficiency

Communication Skills

Advanced Excel

Power BI

Microsoft Dynamics - BC

Education

Bachelor's Degree in Accounting

Bachelor's Degree in Finance

Tools

Microsoft Dynamics - BC

Excel

Power BI

Job description

Job Summary: The Junior Accountant - Accounts Payable is responsible for managing the company's accounts payable processes, ensuring timely and accurate processing of invoices, payments, and maintaining financial records. This role involves collaborating with various departments and vendors to ensure efficient management of accounts payable functions. This role is crucial for maintaining the financial health of the organization by ensuring that all accounts payable processes are handled efficiently and accurately Key Responsibilities: • Invoice Processing: Receive, review, and process invoices in accordance with company policies and procedures. • Payment Processing: Prepare and process payments for approved invoices, including checks, electronic funds transfers (EFTs), and Automated Clearing House (ACH) transactions. • Data Entry and Coding: Accurately enter data related to accounts payable, including invoice details, expense allocations, and general ledger coding. • Vendor Reconciliation: Regularly reconcile accounts payable transactions with vendor statements and resolve any discrepancies. • Vendor Management: Maintain positive relationships with vendors and respond to inquiries regarding payment status, discrepancies, and billing issues. • Bank Reconciliation: Compare and reconcile transactions recorded in the bank statement with those in the Bank General Ledger to ensure accuracy. • Month-end Close: Assist in the month-end closing process by ensuring all accounts payable entries are accurately recorded. • Compliance: Adhere to all relevant laws, regulations, and company policies related to accounts payable and financial transactions. • Documentation: Maintain organized and complete records of accounts payable transactions, invoices, and payment documents. • Reporting: Prepare periodic reports on accounts payable status, aging analysis, and cash flow projections. • Process Improvements: Identify opportunities for process improvements within the accounts payable function and suggest enhancements. • Cross-functional Collaboration: Work with other departments to ensure smooth coordination of payment processes and resolve any payment-related issues. • Ad hoc assignments: Perform other duties as directed by the management.

Qualifications and Skills: • Education: Bachelor's degree in accounting, finance, or a related field preferred. • Experience: Relevant work experience in accounts payable can be considered in lieu of formal education. • Skills: Strong attention to detail, excellent organizational skills, proficiency in accounting software, and good communication skills. • Skilled in advanced Excel, Power BI, and having experience with Microsoft Dynamics - BC is a plus.