Accounts Payable Executive

Peergrowth Consultancy Co.; Dubai; On-site; AED 60,000 - 100,000; Full time

Job summary

An established industry player is seeking an Accounts Payable Specialist to manage vendor payments and ensure compliance with financial regulations. In this role, you will be responsible for processing invoices, reconciling accounts, and supporting the financial closing processes. Your attention to detail and strong organizational skills will be crucial in maintaining accurate records and fostering healthy supplier relationships. If you are passionate about finance and eager to contribute to a dynamic team, this opportunity is perfect for you.

Qualifications

• Bachelor’s degree in Accounting or Finance is required.
• Experience in Accounts Payable is preferred.

Responsibilities

• Review and process vendor invoices according to company policies.
• Reconcile vendor statements and resolve discrepancies promptly.
• Support month-end and year-end closing processes.

Skills

Accounts Payable Management

Attention to Detail

Organizational Skills

Communication Skills

Education

Bachelor’s degree in Accounting

Bachelor’s degree in Finance

Related field degree

Job description

To manage the accounts payable function by ensuring accurate and timely processing of invoices payments to vendors and reconciliation of supplier accounts while maintaining compliance with company policies and procedures.

Key Responsibilities:

1. Review, verify, and process vendor invoices in accordance with the company’s procurement and payment policies.
2. Ensure accurate coding of invoices to appropriate cost centers/projects.
3. Match invoices with purchase orders and delivery notes, ensuring proper approvals before processing.
4. Prepare and execute payment runs (cheques, bank transfers, etc.) on a weekly/monthly basis.
5. Maintain up-to-date accounts payable records and supplier files.
6. Reconcile vendor statements and resolve any discrepancies in a timely manner.
7. Support month-end and year-end closing processes by providing accounts payable reports and accruals.
8. Liaise with vendors and internal departments (Procurement, Projects, Admin) to resolve invoice or payment-related queries.
9. Assist with internal and external audits by providing required documentation and reports.
10. Monitor the accounts payable aging report to ensure timely payments and maintain healthy supplier relationships.
11. Ensure compliance with VAT regulations and assist in VAT return preparations.

Key Requirements:

1. Bachelor’s degree in Accounting, Finance, or a related field.
2. Experience in Accounts Payable, preferably in the real estate, construction, or property development sector.
3. Knowledge of accounting principles, VAT, and local regulatory requirements.
4. Strong attention to detail, organizational, and communication skills.