Senior Accountant Accounts Payable Abu Dhabi UAE

Position: Senior Accountant Accounts Payable

Date posted: 2023-12-03

Industry: other

Employment type: Full Time

Experience: 5 year

Qualification: Bachelor’s Degree holder

Salary: AED 5000 to 10000

Location: Abu Dhabi, United Arab Emirates

Company: Confidential

Description:

One of our leading clients in Abu Dhabi is looking for a Senior Accountant Accounts Payable

Responsibilities:

• End to End Accounting, Expense Recognition, Invoicing & Cash Application, Reconciliations of petty cash, corporate credit card (disbursements and replenishments), banks and various GL accounts.
• Timely processing of supplier invoices with accurate PO / GL / Cost Centre / Projects codes.
• Perform petty cash and credit card transactions reconciliation in a monthly manner along with dealing with continuous monitoring and following up with custodians for supporting documents.
• Improving the standard financial procedures of the department and overseeing their execution
• Preparing the financial reports of the zero-based budget. Highlighting the positive and negative points to assist higher management in decision making budgetary compliance according to set priorities.
• Continuous coordination with procurement on annual contracts and new purchase orders while monitoring the status of budgetary tracks to ensure budgetary compliance according to set priorities.
• Perform an advisory role on all tax matters and ensure implementation of best practices.
• Review existing contracts, accounting systems and procedures.
• Follow / ensure DoA compliance in finance functions.
• Assist rest of the finance team during the period of: month / year end reports, budgets and internal / external auditing.
• Suggestions based on variance analysis and status of reserves / accruals, assets and expenditures.
• Usual interactions / communications with internal teams such as, Research centers, Procurement, HR, Legal and Operation teams

Necessary Knowledge and Experience:

• Minimum 5 years of relevant work experience in Accounts Payable
• Strong understanding of IFRS & IPSAS
• Thorough understanding of VAT laws and its implementation in the UAE
• Proficient user of finance software (SAP, Oracle)
• Strong interpersonal, communication and presentation skills
• Demonstrate integrity, dependability and accountability.
• Ability to act and operate independently with minimal daily supervision.

Qualifications:

• Bachelors in accounting, Finance, or similar discipline is a must
• Advanced Accounting/Finance certifications such as ACCA, CPA, CIMA, CMA, etc. are preferred