Senior Accounts Executive

Sobha Group; Dubai; On-site; AED 120,000 - 200,000; Full time

Job summary

A prominent construction firm in Dubai is seeking a detail-oriented Accounts Payable specialist. This role involves processing vendor invoices, assisting with month-end financial closings, and ensuring compliance with accounting policies. Candidates should have relevant experience in accounts payable and a strong understanding of financial processes. Join our dynamic team and contribute to our financial operations in a fast-paced environment.

Qualifications

• Experience in processing vendor invoices and ensuring timely payments.
• Knowledge of month-end and year-end closing processes.
• Familiarity with compliance in accounting policies and tax regulations.

Responsibilities

• Process vendor invoices and verify approvals.
• Assist in month-end and year-end financial closing.
• Ensure compliance with accounting policies and regulations.

Job description

1. Accounts Payable (AP) Management:

• Process vendor invoices verify approvals and ensure timely payments.
• Review invoices for accuracy, completeness and compliance with company policies.
• Maintain accounts payable ledger and reconcile discrepancies.
• Monitor vendor accounts and resolve payment or invoice-related issues.
• Process employee expense reimbursements as per company policies.
• Prepare and analyze AP aging reports to track outstanding payments.

2. Month-End Closing Activities:

• Assist in the month-end and year-end financial closing process.
• Prepare and post journal entries related to accounts payable.
• Reconcile vendor statements and ensure all invoices are accounted for.
• Support the finance team in preparing accruals, prepayments and adjustments.
• Assist in reconciling AP sub-ledgers with the general ledger.
• Generate reports on AP transactions and outstanding liabilities.
• Lead guide and facilitate the monthly closing process, monitor all account ledgers and reporting systems ensuring accuracy.
• Interaction with internal stakeholders the operation team and ensuring intercompany reconciliation on monthly basis.

3. Compliance & Process Improvement:

• Ensure compliance with accounting policies, tax regulations and internal controls.
• Maintain accurate documentation of invoices, approvals and payments.
• Assist in internal and external audits by providing necessary AP records.
• Identify opportunities for process improvements and automation in AP functions.

Required Experience:

Senior IC