Accounts Payable Accountant Abu Dhabi UAE

Position: Accounts Payable Accountant

Date posted: 2023-12-30

Industry: other

Employment type: Full Time

Experience: 2 to 5 year

Qualification: Bachelor’s Degree holder

Salary: AED 7000 to 7500

Location: Abu Dhabi, United Arab Emirates

Company: Confidential

Description:

Opening for Accounts Payable Accountant for Abu Dhabi Location

Short term role of 2 months who are available immediate.

Total package with all inclusive will be 7000 AED to 7500 AED per month.

JD:

• Verification of Vendor Invoices with relevant supporting documents and Purchase Order/ Contracts and further processing/posting.
• Maintaining Vendor Master and updating relevant documents (Trade Licence, VAT Certificate, Power of Attorney, Bank Account details, Vendor Accounts Department contact details etc)
• Requesting statement of Account from Vendor every month and Reconciliation of statement received from Vendors.
• Submission of payment proposal of all Vendors as per payment terms agreed in Purchase order/ Contract.
• Verification and processing of non Purchase Order Invoices.
• Liaising with Procurement team and operations team of all Business units in updating POs/ GRN in system.
• Maintaining list of Vendor invoices that are unable to be posted in system and coordinating with relevant teams to resolve issues and post the invoices.
• Responsible for manual cost accrual for the month end.
• Responsible for Vendor Subledger Reconciliation.
• Ageing of Vendor by Business Unit and Review for aged advance paid to Vendors and Outstanding to Vendors.
• Assist in payment forecast.
• Recommend procedures and policies that ensure and improve timely accounting of all Vendor Invoices.
• Develop and document Accounts Payable process.
• Validate cost allocation of non PO vendor invoices
• Automate payment advises to Vendors.
• Track advance payments and ensure that they are settled against validated Invoices.
• Respond to all Vendor queries, research and correct discrepancies.
• Identify and initiate Accounts payable and Accounts receivable setoff.