Accounts Payable Supervisor

Millennium-Hotels-and-Resorts-Mea; Abu Dhabi; On-site; AED 120,000 - 210,000; Full time

Job summary

Millennium Hotels and Resorts MEA in the United Arab Emirates seeks an Accounts Payable Supervisor to oversee timely processing of supplier invoices, payments, and maintain vendor relationships. You will provide supervision and expertise in accounts payable management to support financial operations and partnerships.

The role requires leading the AP team, ensuring accuracy and compliance with terms; coordinating checks, transfers, and reconciliations; generating reports; driving process

Responsibilities

• Supervise the accounts payable team, providing guidance and support.
• Oversee the processing of supplier invoices, ensuring accuracy and compliance with payment terms.
• Coordinate and execute payment disbursements, including checks, electronic transfers, and wire transfers.
• Manage vendor relationships, addressing inquiries and resolving payment discrepancies.
• Collaborate with procurement and suppliers to ensure efficient invoice processing and payment.
• Conduct periodic vendor reconciliations and communicate with vendors on account balances.
• Identify opportunities for process improvement and efficiency in accounts payable functions.
• Implement best practices and streamlined processes to enhance productivity.
• Maintain accurate and organized accounts payable records.
• Generate reports on accounts payable performance, aging balances, and payment schedules.
• Analyze accounts payable data to identify trends and opportunities for cost savings.
• Provide regular updates to the head of finance.
• Ensure compliance with financial regulations and company policies related to accounts payable.
• Assist in internal and external audits related to accounts payable.
• Provide training and mentorship to accounts payable team members, if any.
• Foster a culture of excellence and continuous improvement within the department.
• Operate in a safe and environmentally friendly manner, prioritizing guests' and colleagues' health and safety, as well as environmental conservation.
• Adhere to hotel environmental, health, and safety procedures and policies.

Job description

As an Accounts Payable Supervisor, you will oversee the timely and accurate processing of supplier invoices, payment disbursements, and maintaining vendor relationships. Your supervision and expertise in accounts payable management will play a critical role in our financial operations and vendor partnerships.

Key Job Responsibilities:

• Supervise the accounts payable team, providing guidance and support.
• Oversee the processing of supplier invoices, ensuring accuracy and compliance with payment terms.
• Coordinate and execute payment disbursements, including checks, electronic transfers, and wire transfers.
• Manage vendor relationships, addressing inquiries and resolving payment discrepancies.
• Collaborate with procurement and suppliers to ensure efficient invoice processing and payment.
• Conduct periodic vendor reconciliations and communicate with vendors on account balances.
• Identify opportunities for process improvement and efficiency in accounts payable functions.
• Implement best practices and streamlined processes to enhance productivity.
• Maintain accurate and organized accounts payable records.
• Generate reports on accounts payable performance, aging balances, and payment schedules.
• Analyze accounts payable data to identify trends and opportunities for cost savings.
• Provide regular updates to the head of finance.
• Ensure compliance with financial regulations and company policies related to accounts payable.
• Assist in internal and external audits related to accounts payable.
• Provide training and mentorship to accounts payable team members, if any.
• Foster a culture of excellence and continuous improvement within the department.
• Operate in a safe and environmentally friendly manner, prioritizing guests' and colleagues' health and safety, as well as environmental conservation.
• Adhere to hotel environmental, health, and safety procedures and policies.