Accounts Payable Specialist

• Accounts Payable Cycle:
  • Process invoices and payments accurately and timely.
  • Maintain vendor relationships and resolve any discrepancies.
  • Ensure proper documentation and approval for all payments.
• Fixed Assets Management:
  • Track and manage company fixed assets.
  • Perform periodic reconciliations of fixed asset accounts.
  • Ensure compliance with company policies and procedures regarding fixed assets.
• VAT Compliance:
  • Prepare and file VAT returns in accordance with UAE regulations.
  • Maintain accurate records for VAT reporting and audits.
  • Stay updated with changes in VAT laws and regulations.
• Accounts Receivable:
  • Manage customer invoicing and collections.
  • Reconcile accounts receivable ledgers.
  • Handle customer inquiries and resolve payment issues.
• Report Generation:
  • Utilize Power BI to create and maintain financial reports.
  • Generate and analyze financial data using Oracle.
  • Provide insights and recommendations based on financial reports.

RequirementsTo be considered for this role, you need to meet the following criteria:

• Bachelor's degree in Accounting, Finance, or related field.
• Must be CA/ ACCA/ CPA qualified
• Minimum 5 years of experience in accounts payable
• Strong knowledge in fixed assets, VAT, and accounts receivable.
• With Oracle experience
• Knowledge in ERP systems, Power BI, and Orbit.
• Strong understanding of UAE VAT regulations.
• Strong English Communication Skills
• Must have worked with Tier 1 / Financial Services / Banking Institutions / Government firms
• Good understanding of Accounting Principles & Standards as per IFRS.
• Must be locally based in the UAE