Accounts Payable Associate

edari; Dubai; On-site; AED 120,000 - 200,000; Full time

Job summary

A financial services company is seeking an Accounts Payable Associate to manage financial operations in Dubai. The role entails processing accounts payable transactions, managing vendor relationships, and ensuring compliance with accounting standards. Candidates should possess strong AP experience and attention to detail, working independently in a fast-paced environment. A contract of 6 months is offered with renewal options. Immediate availability is preferred, alongside proficiency in Oracle Fusion and MS Excel.

Qualifications

• Experience in compliant processing of vendor invoices and payments.
• Strong knowledge of accounting principles and regulatory compliance.
• Ability to work independently and manage multiple priorities.

Responsibilities

• Conduct daily and monthly reconciliation of cash.
• Prepare AP aging schedules and post journal entries.
• Manage vendor relationships and address inquiries.
• Prepare and process payment runs.
• Contribute to the month-end closing with accurate data.

Skills

Strong AP experience

Attention to detail

Financial analysis tools

Communication skills

Analytical skills

Tools

Oracle Fusion

MS Excel

Job description

We are looking to hire an Accounts Payable Associate who will be responsible for day-to-day financial operations, ensuring accurate and timely processing of accounts payable transactions for our client based in Dubai which is one of the largest companies in the region.

This position is a contract role with an initial duration of 6 months and is renewable.

The role sits within the Accounts Payable Department. The ideal candidate will have strong AP experience, exceptional attention to detail, and a deep understanding of compliant processing of vendor invoices and payments.

Key Responsibilities:

• Conduct daily and monthly reconciliation of cash to verify consistency with the bank balance, promptly resolving any discrepancies or variations efficiently and promptly.
• Prepare AP aging schedules and post journal entries and accruals related to accounts payable.
• Manage vendor relationships, address inquiries, and resolve discrepancies collaboratively.
• Collaborate with procurement teams to adhere to purchase order processes.
• Prepare and process payment runs, reconcile vendor statements, and resolve issues.
• Contribute to the month-end closing by providing accurate and timely accounts payable data.
• Assist in preparing financial reports related to accounts payable.
• Ensure compliance with accounting standards, policies, and procedures.
• Stay updated on changes in regulations affecting accounts payable processes.
• Strong knowledge of accounting principles, auditing standards, and regulatory compliance.
• Proficiency in financial analysis tools, accounting software (Oracle Fusion), and MS Excel.
• Strong analytical skills with acute attention to detail and a proactive approach to problem-solving.
• Excellent communication skills to effectively collaborate with diverse teams and articulate complex financial information.
• Ability to work independently, manage multiple priorities, and meet deadlines in a dynamic environment.

Availability:

• Candidates who are available immediately (no notice period) will be given priority.

We are looking for a candidate who will be able to work in the United Arab Emirates. Please apply with your resume and remember to provide us with your contact details. We will review your job application within 7 working days. Should your profile fit the requirements of the role a consultant from Edari will be in touch with you to get a deeper understanding of your profile, discuss the role in more detail, and potential next steps.