Accounts Payable Accountant

Job Title: Accounts Payable Specialist

Department: Finance/Accounting
Reports to: Accounts Payable Manager / Finance Manager

Job Summary:

The Accounts Payable Specialist is responsible for managing and processing accounts payable transactions. This includes verifying, reconciling, and ensuring timely payment of company expenses. The role will also require close collaboration with other finance team members, vendors, and departments to ensure accurate record-keeping and compliance with company policies.

Key Responsibilities:

• Invoice Processing: Review, verify, and enter invoices into the accounting system. Ensure accurate coding and approvals in accordance with company policies.
• Payment Processing: Prepare and execute payment runs for approved invoices, ensuring payments are made on time and accurately.
• Vendor Management: Maintain relationships with vendors, addressing queries or discrepancies related to invoices, payments, and account statements.
• Reconciliations: Perform regular reconciliation of accounts payable and vendor statements to ensure the accuracy of financial records.
• Expense Tracking: Monitor and track company expenses, ensuring they align with budget guidelines.
• Reporting: Assist with monthly, quarterly, and year-end closing activities, including preparation of reports and analysis related to accounts payable.
• Compliance & Controls: Adhere to accounting policies, procedures, and controls to ensure compliance with legal, regulatory, and internal standards.
• Audit Support: Assist in the preparation for external audits by providing necessary documentation and explanations for accounts payable transactions.

Skills & Qualifications:

• Education:Associate’s or Bachelor’s degree in Accounting, Finance, or a related field Required.
• Experience: Previous experience in accounts payable or a similar finance role (typically 4+ years).
• Technical Skills: Proficiency in accounting software (e.g., SAP, Oracle, QuickBooks) and MS Office (Excel, Word).
• Attention to Detail: Strong organizational and analytical skills with the ability to identify discrepancies and resolve issues.
• Communication: Strong written and verbal communication skills to interact effectively with internal teams and external vendors.
• Problem-Solving: Ability to handle multiple tasks, prioritize workloads, and work under pressure to meet deadlines.
• Team Player: Ability to work effectively both independently and as part of a team.

Preferred Qualifications:

• Experience with ERP systems and financial software(Tally , Peach tree)
• Familiarity with tax-related aspects of accounts payable (e.g., VAT).
• Knowledge of corporate finance regulations and compliance.

Job Type: Full-time

Pay: AED2,500.00 - AED3,000.00 per month