Accounts Payables Accountant

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

Job summary

A leading accounting firm is seeking a Payables Accountant in Abu Dhabi. The role involves managing invoices, ensuring compliance with financial regulations, and requires a Bachelor's degree in Finance/Accounting. Candidates must be proficient in both English and Arabic, with 1 to 2 years of experience in finance and accounting. This position offers a dynamic work environment focused on timely and accurate financial processing.

Responsibilities

• Support suppliers and end users in submitting invoices and credit notes.
• Perform accurate and timely recording, processing, and reviewing of all invoices.
• Verify invoices against contract terms and delivery of goods/services.
• Track and follow up invoices to ensure timely completion and approvals.
• Resolve challenges impacting the processing of invoices.
• Provide updates and clarifications for inquiries related to invoices.

Skills

Full professional English proficiency

Full professional Arabic proficiency

Skilled in MS Office (PowerPoint, Word and Excel)

Administrative skills

Attention to details

Self-motivated

Experience with business planning

Experience with program management related to finance and policy

Education

Bachelor’s Degree in Finance/Accounting or equivalent

Job description

Emirati - Accounting professional

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.

Key Accountabilities:

Invoice & Credit Notes

• 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 goods/service 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 resolve challenges impacting timely processing of invoices and timely escalation of challenges with relevant teams if required.
• Provides relevant stakeholders with timely update and proper clarification for queries.
• Adheres to the recording procedures of invoices considering invoice’s types, distribution, description, supporting and matching requirements to ensure invoices are valid and properly recorded.

Reconciliation & Consolidation

• Participates in conducting periodical review of supplier’s accounts, request statements of accounts on timely basis, prepare reconciliation and taking 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 and 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.

Requirements

• Bachelor’s Degree in Finance/Accounting or equivalent.

Experience

• 1 to 2 years of experience in Finance & Accounting.

Skills Required

• Language: Full professional English and Arabic proficiency both in speaking and writing.
• Skilled in MS Office (PowerPoint, Word and Excel).
• Administrative skills and attention to details.
• Self-motivated with a proven ability to complete work in a timely manner.
• Experience with business planning.
• Extensive experience with program management related to finance and policy.