Senior Accountant Payable

Xad Technologies; Sharjah; On-site; AED 120,000 - 160,000; Full time

Job summary

Xad Technologies is seeking a Senior Accountant for Accounts Payable in Sharjah. This role is crucial for managing the end-to-end accounts payable function, ensuring timely and accurate invoice processing while maintaining strong financial controls.

The ideal candidate will have a Bachelor's degree in Accounting or Finance, 5-8 years of experience in relevant roles, strong ERP knowledge, and advanced Excel skills. The salary budget is fixed within the company's approved compensation structure.

Qualifications

• 5-8 years of relevant experience in Accounts Payable and General Accounting functions.
• Experience in contracting, engineering, telecom, technology, or project-based organizations is a plus.

Responsibilities

• Manage end-to-end accounts payable function, ensuring timely processing of supplier invoices.
• Review and process invoices, maintain vendor reconciliations, and resolve discrepancies.
• Ensure compliance with company policies and prevent unauthorized payments.

Skills

Accounts Payable processes

Accrual Accounting

Vendor Relationship Management

Problem-solving abilities

Advanced Microsoft Excel

Education

Bachelor's Degree in Accounting, Finance, or related field

Professional qualification such as ACCA, CPA, CMA, CA

Tools

Microsoft Dynamics 365 Business Central

SAP

Oracle

Job description

Position Summary

The Senior Accountant – Accounts Payable is responsible for managing the end-to-end accounts payable function, ensuring timely and accurate processing of supplier invoices, maintaining strong financial controls, and supporting the organization's financial reporting and compliance requirements. The role requires a detail-oriented finance professional with strong accounting knowledge, vendor management experience, contract review capabilities, and expertise in ERP-based accounting environments.

Key Responsibilities

Accounts Payable

• Review and process supplier invoices, debit notes, and credit notes accurately and timely.
• Ensure three-way matching of Purchase Orders (PO), Goods Receipt Notes (GRN), and supplier invoices where applicable.
• Maintain vendor reconciliations and resolve discrepancies promptly.
• Monitor accounts payable aging and prepare payment proposals and schedules.
• Coordinate with procurement and operational teams to ensure smooth invoice processing and payment execution.

Compliance & Internal Controls

• Verify supporting documents and approval matrix compliance before posting transactions.
• Review VAT treatment and accounting accuracy in line with applicable regulations.
• Ensure adherence to company policies, procedures, and internal control requirements.
• Identify and prevent duplicate, unauthorized, or non-compliant payments.

Contract & Project Review

• Review supplier contracts, service agreements, and payment terms.
• Verify project cost allocations and expense classifications.
• Assess commercial terms and ensure payments are processed in accordance with contractual obligations.
• Support the review of supplier-related claims and payment disputes when required.

Reporting & Financial Close

• Prepare Accounts Payable aging reports, accrual schedules, and management reports.
• Support month-end, quarter-end, and year-end closing activities.
• Assist internal and external auditors by providing required schedules, reconciliations, and supporting documentation.
• Contribute to continuous improvement initiatives within the finance function.

Key Performance Indicators (KPIs)

• Invoice Processing Accuracy
• On-Time Supplier Payments
• AP Aging Management
• Vendor Reconciliation Completion
• Month-End Closing Timeliness
• Audit Compliance and Observations
• Internal Control Adherence

Qualifications & Experience

• Bachelor's Degree in Accounting, Finance, or a related field.
• Professional qualification such as ACCA, CPA, CMA, CA, or equivalent is preferred.
• 5–8 years of relevant experience in Accounts Payable and General Accounting functions.
• Experience in contracting, engineering, telecom, technology, or project-based organizations will be an advantage.

Technical Skills

• Strong knowledge of Accounts Payable processes and Accrual Accounting.
• Ability to review contracts, payment terms, and commercial clauses.
• Knowledge of IFRS and VAT requirements.
• Experience with ERP systems such as Microsoft Dynamics 365 Business Central, SAP, Oracle, or equivalent.
• Advanced Microsoft Excel skills, including reconciliations, reporting, and data analysis.
• Strong analytical mindset with excellent problem-solving abilities.

Core Competencies

• Attention to Detail
• Professional Skepticism
• Contract Review Capability
• Vendor Relationship Management
• Time Management and Prioritization
• Effective Communication SkillsIntegrity and Accountability

Compensation Note

Please note that the salary budget for this position is fixed and restricted within the company's approved compensation structure. Unfortunately, we are unable to exceed the approved budget range for this role. Candidates are encouraged to apply only if their salary expectations are aligned with the allocated budget.