About the job
Excellent opportunity to work with UAE’s leading diversified conglomerate |Progress your career within Accounting
About Our Client
Our client is among the most respected, successful, and dynamic companies in the Middle East. They operate in over five countries in the region, with the head office in Dubai, UAE.
Functional Roles and Responsibilities:
Maintain daily financial control over payment processing.
Identify and report payment processing exceptions to the Function Head and relevant parties as outlined in the escalation matrix.
Ensure payments are accounted for and recorded in line with the Group’s accounting policy.
Review and approve final payment vouchers before releasing payments.
Periodically review payments to ensure they are processed promptly and reconcile them with supplier statements of accounts.
Manage the monthly closure of financial records and the posting of month-end information while ensuring the accuracy of financial statements, as applicable.
Meet processing deadlines as specified in the Service Level Agreement.
Timely update the Process Tracking Register for payments processed and report instances of non-compliance with the Service Level Agreement when necessary.
Facilitate Internal and External Auditors in conducting payable audits and implement action plans based on audit feedback.
Collaborate with the Head of Department to determine the sources of funds for making payments, such as own funds, credit facilities, LC, forex covers, etc.
Strategic Roles and Responsibilities:
Evaluate and suggest improvements to accounting systems and procedures.
Work with management to enhance financial procedures.
Identify and escalate payment processing exceptions to the Function Head and relevant parties as per the escalation matrix.
Contribute to the department’s goal-setting process.
Assist in verifying/approving payments before they undergo further approvals.
People Management Roles and Responsibilities:
Provide guidance and motivation to subordinates to enhance performance and deliver high-quality work, ensuring their ongoing development for higher-level roles.
Ensure the proper distribution and allocation of work to direct reports and maintain their respective work schedules.
The Successful Applicant
Immediately available to join –
Preference for candidates with experience as a project team member for an ERP transformation, with experiencedin ERP system migration, automation projects
Exposure to Accounts Payable and Accounts Receivable processes
A minimum of 5 years of relevant experience, including at least 2 years in a supervisory role.
Must have Handled Process documentation, data clean up, data validation, prepared project documentation
Retail/E-commerce finance background in MEA preferred, with commercial acumen
Must be able to communicate with internal stakeholders at all levels of the organisation
Preferable if the candidate has local / GCC experience
What’s on Offer
Competitive monthly salary and an opportunity to be a part of a transformation project