Accounts Payables Accountant

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

Job summary

A financial services provider is seeking an Accounts Payables Accountant in Abu Dhabi. The role involves recording, processing, and reconciling invoices in compliance with relevant laws and financial standards. Candidates should have a Bachelor’s degree in Accounting or Finance and experience in accounts payable processes. You will support suppliers with invoice submissions and ensure prompt processing while contributing to continuous improvement initiatives within the finance team.

Qualifications

• Experience in accounts payable processes.
• Knowledge of local laws and international financial standards.
• Familiarity with financial software.

Responsibilities

• Support suppliers in submitting invoices through approved channels.
• Verify invoices against contract terms and delivery of goods/services.
• Conduct periodical review of supplier accounts and prepare reconciliations.

Skills

Attention to detail

Strong organizational skills

Problem-solving skills

Education

Bachelor’s degree in Accounting or Finance

Job description

Overview

Accounts Payables Accountant - UAEN

Purpose: The Payables Accountant participates in performing timely and accurate recording, reviewing, processing, reconciliation (of invoices), and reporting, as per the processes relating to the Payables unit. The role holder ensures the Accounts Payable unit compliance to relevant contractual terms, International Financial Standards, any existing finance policies and procedures and in compliance with local laws and regulations.

Responsibilities

• Participates in supporting suppliers and end users in submitting invoices and credit notes through the approved channels.
• Participates in performing accurate and timely recording, processing, reviewing of all invoices.
• Participates in verifying invoices against contract terms, delivery of goods/services and required supporting.
• Participates in tracking and following up invoices under process to ensure timely completion of invoices and credit notes review and approvals to be ready for payments.
• Participates in resolving challenges impacting timely processing of invoices and timely escalation of challenges with relevant teams if required.
• Provides relevant stakeholders with timely updates and proper clarification for queries.
• Adheres to the recording procedures of invoices considering invoice types, distribution, description, supporting and matching requirements to ensure invoices are valid and properly recorded.

Reconciliation & Consolidation

• Participates in conducting periodical review of supplier accounts, requests statements of accounts on timely basis, prepares reconciliation and takes required actions to resolve any variances.
• Participates in processing and circulation of supplier balance confirmation letters and obtain confirmation to ensure the accuracy of supplier balances recorded.
• Provides updates on a timely basis for invoices and credit notes including aging report. Participates in consolidating and reconciling vendor/supplier transactions to general ledger and ensure correct reconciliation between general ledger and sub-ledger.

Shared Activities

• Carries out any other duties and responsibilities related to the role at the request of the direct manager.
• Follow all relevant departmental policies, processes, standard operating procedures, and instructions so that work is carried out in a controlled and consistent manner.
• Demonstrate compliance to organization’s values and ethics at all times to support the establishment of a value drive culture within the organization.
• Contribute to the identification of opportunities for continuous improvement and sustainability of systems, processes and practices considering global standards, productivity improvement and cost reduction.