Manager - Accounts Payable

Wynn Al Marjan Island; United Arab Emirates; On-site; AED 120,000 - 200,000; Full time

Job summary

Wynn Al Marjan Island is seeking an experienced Accounts Payable Manager to lead their accounts payable process. The role involves ensuring compliance with UAE VAT regulations, mentoring the accounts payable team, and managing financial transactions. The ideal candidate will have a Bachelor's or Master's degree in finance or accounting and at least 3 years of experience in accounting with supervisory responsibilities.

Qualifications

• Minimum of 3 years in general accounting or accounts payable.
• At least 2 years in a supervisory role.
• Knowledge of UAE VAT regulations.

Responsibilities

• Oversee accounts payable process and mentor team members.
• Review and approve invoices and ensure compliance.
• Prepare and perform payment runs accurately.

Skills

Leadership

Analytical Thinking

Communication

Education

Bachelor's or Master's degree in finance, accounting, or a related field

Tools

MS Office

ERP software

Job description

Oversee the accounts payable process, ensuring all invoices are accurately processed and paid on time.

Develop and implement accounts payable policies and procedures to ensure efficiency and compliance.

Manage and mentor the accounts payable team, providing guidance and support to ensure high performance.

Review and approve invoices, ensuring proper coding, authorization, and documentation.

Reconcile vendor statements and resolve any discrepancies in a timely manner.

Ensure accurate VAT and RCM bifurcation during the booking of invoices.

Ensure VAT is accurately accounted for when booking invoices, and VAT returns are filed accurately and on time.

Ensure payment of utilities, GPSSA, VAT, tourism tax, municipality tax, corporate tax, and other statutory payments are done accurately and timely.

Ensure all expenses related to accruals are posted monthly.

Prepare and review all AP and accrual-related balance sheet schedules, ensuring they are authorized and retained for future reference.

Prepare and perform payment runs, including vendor payments, payroll, and other disbursements.

Company and Department Responsibilities

• Demonstrate leadership skills including integrity, strategic planning, decisiveness, sound judgment, flexibility, analytical thinking, and people management.
• Ensure subordinates are well-mannered and groomed according to company standards.
• Promote a work environment where team members feel valued, appreciated, involved, and safe.
• Interact professionally with department members, management, and contractors to foster good rapport and effective communication.
• Manage resources effectively and communicate clearly, attending regular meetings to share relevant information.

Experience:

Minimum of 3 years in general accounting or accounts payable, with at least 2 years in a supervisory role.

Knowledge:

Knowledge of UAE VAT regulations.

Education/Qualifications:

Bachelor's or Master's degree in finance, accounting, or a related field.

Computer Skills:

Proficiency in MS Office and other software; ERP proficiency is an advantage.

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