Corporate A/P Accountant (for KSA operation)

Madi International; Dubai; On-site; AED 90,000 - 120,000; Full time

Job summary

A leading finance organization in Dubai is seeking a Corporate A/P Accountant to manage financial reports and supplier payments. The ideal candidate will hold a bachelor's degree and have a minimum of three years of accounting experience. Strong analytical skills and proficiency in accounting software are necessary. This position requires attention to detail and organizational skills while ensuring compliance with internal policies.

Qualifications

• Three or more years of accounting experience required.
• Experience with leadership roles and problem-solving capabilities is preferred.
• Well planned and organized with keen attention to detail.

Responsibilities

• Analyze financial information and prepare accurate financial reports.
• Review GL Accounts daily and record accounting transactions.
• Manage local/foreign suppliers payments as per ageing of A/P.
• Reconcile all vendors' statements on a monthly basis.
• Maintain reconciled bank balances on a daily basis.

Skills

Accounting principles

Analytical skills

Time management

Communication skills

Organizational skills

Education

Bachelor's degree in business administration, accounting, finance, or related field

Tools

Accounting software

Job description

Corporate A/P Accountant (for KSA operation)

Dubai, Dubai, United Arab Emirates Finance & Accounting

About the job Corporate A/P Accountant (for KSA operation)

Responsible for applying accounting principles and procedures to analyze financial information, prepare accurate and timely financial reports and statements and ensure following appropriate accounting control procedures.

Key Accountabilities

• Review GL Accounts on daily basis and record all necessary accounting transactions when needed.
• Prepare and manage the local/foreign suppliers payments as per the ageing of A/P on daily basis.
• Review the ageing of A/P on daily basis to prepare the vendors due payments.
• Maintain a proper reconciliation of the advance to suppliers account and apply all vendor prepayments accordingly before releasing any new vendor payment.
• Ensure proper allocation by invoice of all payment vouchers recorded on vendor accounts.
• Reconcile all local and foreign vendors statement of accounts on monthly basis and before any vendor payment preparation.
• Follow up on receiving the branding and advertisement bills from the marketing and production departments, on weekly basis, for accounting.
• Ensure proper records of fixed assets and depreciation schedules.
• Update the petty cash expenses on the system on weekly basis, monitor appropriate use of the fund, and report any abuse of the cash spent to the management, if it contradicts with Companys internal policies or have been released without the prior approval of concerned managers/supervisors.
• Review and record all kind of expenses and suggestion for cost reduction.
• Keep up with any new signed agreement shared by the admin department, for financial consideration and accounting. (Agreements such as: rent agreements and cancellation, professional consultation agreements, maintenance contracts, warehousing and 3PL agreements, etc).
• Maintain reconciled and updated bank balances on the system on daily basis.
• Prepare all bank accounts reconciliation reports on monthly basis by 5th of each month and submit it to the management.
• Ensure the completion and accuracy of income statements data by 15th of each month.
• Ensure the completion and accuracy of balance sheet data by 10th of each month.
• Assist senior accountants with the cash flow projection report preparation and submission to the management on daily basis.
• Assist management with the yearly budget report preparation, as required.
• Establish a professional relationship with banks, vendors, and other external parties.
• Prepare any additional financial report requested by the direct supervisor/manager.
• Implement all internal policies and procedures issued by the management.
• Perform any other work assigned to you by the management, when required.

Requirements

• A bachelor's degree in business administration, accounting, finance, or related field preferred
• Three or more years of accounting experience
• Experience with leadership roles and display problem-solving capabilities.
• Computer skills with prior experience working with accounting software
• Strong interpersonal and communication skills to interact with employees, superiors, and customers.
• Strong analytical and time management skills.
• Well planned, organized with keen attention to detail.