Accountant Payable – INDEX Holding

Required Experience:

• Bachelor’s degree in accounting, Finance, or related field (mandatory).
• MBA, CMA, or equivalent professional certification is an advantage.
• 3–5 years of experience in Accounts Payable or general accounting, preferably in the UAE.
• Experience with VAT, corporate tax, and compliance processes.
• Familiarity with ERP/accounting systems (e.g., Odoo, Dynamics, Sage).
• Strong knowledge of accounts payable processes and accounting principles.
• Proficiency in MS Excel and financial reporting tools.
• Attention to detail and accuracy in financial data management.
• Strong communication skills and ability to coordinate with cross-functional teams.
• Ability to work under pressure and meet deadlines.

Key Responsibility:

• Invoice Processing & Vendor Management
• Receive, verify, and post vendor invoices in the accounting system.
• Ensure invoices are supported with valid documentation (POs, GRNs, contracts, approvals).
• Attach complete set of documents in the system for future audit trail.
• Verify and validate payment terms and credit conditions with vendors.
• Coordinate with procurement and operations teams for invoice discrepancies.

Compliance & Taxation:

• Ensure compliance with UAE VAT and Corporate Tax regulations while booking invoices.
• Maintain proper documentation for tax audits.
• Assist in preparing VAT returns and corporate tax reconciliations as required.

Payments & Settlements:

• Process vendor payments in line with approved terms and company policies.
• Handle accounting and timely settlement of utility bills.
• Manage credit card expense booking and reconciliation.
• Oversee petty cash accounting, ensure proper approvals, and disbursements.

Reconciliation & Reporting:

• Perform monthly reconciliation of accounts payable ledger.
• Monitor vendor aging reports and highlight overdue balances.
• Assist in month-end and year-end closing activities.
• Support internal and external audits by providing accurate documentation.

Controls & Continuous Improvement:

• Ensure compliance with internal control policies for AP transactions.
• Recommend process improvements for efficiency and accuracy in AP cycle.
• Support ERP / accounting software migration or automation projects, if any.