Senior Accounts Payable Accountant

Job Purpose

To manage the accounts payable processes required to transact timely and accurate payment to suppliers, validate the supplier invoice, obtain appropriate approvals and account the same in Enterprise Financial Systems in accordance with IFRS.

Key Activities, Responsibility & Accountability

Processing Supplier Payments
Responsibility:

• Utilize SAP ERP and other business systems to administer accounts payable (AP) process, which includes receiving invoices and implementing internal flow to ensure recording related expense/assets and monthly accruals, correcting cost center and accounts, and auditing payable against internal controls and delegation of authorities.
• Review and approve AP payment requests against audit checklist and follow up with the appropriate stakeholder/s for supporting documentation as necessary in accordance with Enterprise Finance procedures.
• Liaise with procurement department and other ENEC/ENEC Operations and ENEC Commercial departments to ensure that the payment terms of the agreements/POs/LVPOs etc. are in line with Enterprise Finance requirements and sub-DOA.
• Respond efficiently to all supplier queries regarding payment processing in order to ensure contractual obligations are met.

Accounting, Reconciliation and Reporting
Responsibility:

• Provide management with appropriate status updates and reporting regarding AP processing and statistics to keep management informed.
• Review the reconciliation of the balance sheet accounts as delegated to look for anomalies and variances to be escalated to line management.
• Reconcile Vendor/Supplier Statement of Accounts as required.
• Do the accounting of supplier invoices, credit notes and periodic closure of AP sub-module within the timelines.
• Prepare periodic reports to various stakeholders (Management, Department of Finance, etc.)
• Update Suppliers’ Bank Details
• Support AP manager in providing management with appropriate status updates, and reporting regarding AP processing and statistics to keep management informed

Stakeholder Engagement

Responsibilities & Accountabilities (contd.)

Responsibility:

• Facilitate communication both internally and externally in order to build and nurture mutually beneficial working relationships.

People Management
Responsibilities and Accountabilities:

• Contribute to the development of UAE National employees in a manner which supports the objectives of the corporation and its Emiratization strategy.
• Contribute to knowledge dissemination/sharing in a way that assists with building internal capabilities of UAE Nationals where applicable and maximize their effective performance.

Excellence and Quality Management
Responsibilities and Accountabilities:

• Ensure commitment to a culture of continuous improvement by eliminating waste, following operations procedures, practicing innovation, problem solving, and teamwork; complying with Quality Management System policies and procedures; providing and receiving constructive feedback; and striving to meet quality standards and stakeholder expectations.
• Ensure Commitment to the ENEC Operations Fundamentals.

Professional Certifications

Qualifications

Bachelor degree in Accounting, Finance or Commerce or relevant field

Experience